Quaker Small/Mid-Cap Impact Value Fund

INVESTMENT OBJECTIVE

The Quaker Small/Mid-Cap Impact Value Fund seeks long-term growth of capital.

INVESTMENT STYLE

  • Employs a disciplined, quantitative, investment methodology focusing on value, management, and momentum.
  • Looks for asset rich stocks selling at relatively cheap price multiples.
  • Examines fundamentals of companies with efficient and effective management.
  • Focuses on price momentum.
  • Invests in companies that may have positive impact attributes or specific impact characteristics and maintain neutral posture toward environmental, social and governance (ESG) related risk.

Quaker Small/Mid-Cap Impact Value Fund

Class A
Class I
Class A
FUND FACTS
Asset class Equities
Benchmark Russell 2500® Value Index
Inception 01/01/18
Share Class Advisor
Ticker QUSVX
Gross Expense Ratio 2.47%
Net Expense Ratio** 1.61%
Month-End Data (as of 06/30/19)
Total Funds Assets $20 million
NAV $17.65

Impact/ESG Highlights
Impact Targeting No
Impact Reporting Yes
Fossil Fuel Free No
Average Annual Returns % (as of 06/30/19)
Average Annual Returns % (as of 06/30/19)
Monthly
Quarterly
Monthly
Quarterly
Monthly
Quarterly
  YTD 1-YR Since Inception
Quaker Small/Mid-Cap Impact Value Fund 14.91 3.17 4.51
Russell 2500® Value Index 15.26 -1.92 0.68
  2Q19 YTD 1-YR Since Inception
Quaker Small/Mid-Cap Impact Value Fund -0.23 14.91 3.17 4.51
Russell 2500® Value Index 1.89 15.26 -1.92 0.68

+Inception as of January 1, 2018
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted. Performance data current to the most recent month end is available by calling us toll free at 800.220.8888. Returns over one year are annualized.
The Adviser has contractually agreed to waive all or a portion of its investment advisory fees and/or pay/reimburse expenses (excluding any Rule 12b-1 fees, taxes, interest, acquired fund fees and expenses, short sale dividend and interest expenses, brokerage fees, certain insurance costs, and nonroutine expenses or costs, including, but not limited to, those relating to reorganizations, litigation, conducting shareholder meetings, liquidations and other extraordinary expenses) in order to prevent total annual fund operating expenses from exceeding 1.30% of the Fund’s average daily, net assets from May 1, 2019 through April 30, 2020. Pursuant to its expense limitation agreement with the Fund, the Adviser is entitled to recoup any fees that it waived and/or Fund expenses that it paid for a period of three years following such fee waivers and expense payments, to the extent that such recoupment by the Adviser will not cause the Fund to exceed any applicable expense limitation that was in place for the Fund when the fees were waived or expenses were paid. These waivers and reimbursements may be terminated at any time with respect to the Fund by its Board of Trustees upon sixty (60) days’ written notice to the Adviser without payment of any penalty and shall automatically terminate upon the termination of the Fund’s advisory contract with the Adviser.
The Russell 2500® Value Index measures the performance of those Russell 2500 companies with lower price-to-book ratios and lower forecasted growth values. You cannot invest directly in an index.


*Effective September 6, 2018 the Fund’s name changed from Quaker Small Value Fund to Quaker Small/Mid-Cap Impact Value Fund.

Important Information:

There’s no guarantee that a strategy will be successful. Mutual fund investing involves risk including the possible loss of principal.

The Fund invests in smaller companies (generally less than $1.5 billion market capitalization). Smaller companies can be riskier investments than larger companies. The Fund invests in companies that appear to be “undervalued” in the marketplace (i.e. trading at prices below the company’s true worth). If  the Fund’s perceptions of value are wrong, the securities purchased may not perform as expected, reducing the Fund’s return.

Fund holdings, sector allocations, and asset allocations are subject to change and are not recommendations to buy or sell any security.

Consider a fund’s investment objectives, risks, charges, and expenses carefully before investing. The Statutory, and where available, the Summary Prospectuses contain this and other important information and are available for download at www.ccminvests.com or by calling 866.202.3573. Read carefully before investing.

Source: Fund data provided by Quaker Funds.

The Quaker Funds are distributed by Foreside Fund Services, LLC