Copyright (c) 2015 Lebenthal Lisanti Capital Growth, LLC. All rights reserved.
Effective March 2, 2015 the Fund changed its name and Advisor. Formerly the Adams Harkness Small Cap Growth Fund, now the Lebenthal Lisanti Small Cap Growth Fund; and its Adviser, formerly AH Lisanti Capital Growth, LLC, now Lebenthal Lisanti Capital Growth, LLC.
This Internet site is not an offer to sell or a solicitation of an offer to buy shares in any jurisdiction outside the United States. Foreside Fund Services, LLC, Distributor. AH Lisanti Capital Growth, LLC is a registered investment adviser.
Mutual funds are subject to market risk. Investments in small-sized companies pose greater risks than those typically associated with larger, more established companie, such as increased volatility of earnings and prospects, higher failure rates, and limited markets, product lines, or financial resources.
Alpha is the difference between a fund's actual returns and its expected performance, given its level of risk as measured by beta. The difference is expressed as an annualized percentage. Beta is the measure of a fund's volatility relative to a comparative index. By definition, the beta of an index is 1.00. Accordingly, a fund with a 1.10 beta is expected to perform 10% better than the index in up markets and 10% worse in down markets.