Consistent with our all-cap portfolios, the largest sector weightings in our concentrated portfolios are in technology and healthcare services. The two largest holdings in the portfolio are LSI, a specialty semiconductor manufacturer, and 3Com, a networking powerhouse. Both of these companies have compelling valuations, as well as outstanding fundamental prospects for the next few years. As one would anticipate, the concentration in both individual stocks and industry sectors has been a driver of performance and of increased volatility. It should not be assumed that recommendations made in the future will be profitable or will equal the performance of the securities discussed herein.
Past performance is no guarantee of future results.
Read the prospectus carefully before you invest or send money. Distributed by First Fund Distributors, Inc. 4455 E. Camelback Road, Phoenix, AZ 85018.