Lipper Analytical Services rankings are based on total returns but do not consider sales charges. Morningstar Analysis, March 30, 2000. Value Line Analysis, April 11, 2000. 5 . Andrew A. Davis discusses several companies in this report. The views expressed in this report are subject to change.
Every investor is unique.
You should consult with a financial professional to determine whether you should invest a portion of your assets in real estate. This newsletter reflects the professional opinions of Andrew A. Davis. All investments involve some degree of risk, and there can be no assurance that the Fund s investment strategies will be successful. Prices of shares will vary so that, when redeemed, an investor s shares could be worth more or less than their original cost. Because Davis Real Estate Fund concentrates its investments in the real estate sector, it may be subject to greater risks than a fund that does not concentrate its investments in a particular sector.