The Fund commenced operation on April 6, 2005. The performance reflected above is net of fees, and what an investor would have realized had their money been invested at the beginning of the period and they had held the fund through the end of the period without making any additions or withdrawals. Past performance is not an indication of future returns. This fund may not be appropriate for all investors, and determining whether it may be appropriate for you can only be accomplished by individual consideration of your goals and risk profile. The information above is believed to be true, but we cannot guarantee its accuracy. Please consider the investment objectives, risks, charges and expenses of The Adirondack Small Cap Fund before investing. For a prospectus containing details on risks, fees and expenses, please visit our Invest page or call 1-888-686-2729. Read it carefully before you invest.
Past performance does not guarantee future results. Read the prospectus carefully before you invest. Please consider the investment objectives, risks, charges and expenses of The Adirondack Small Cap Fund before investing.
© Adirondack Research & Management, Inc., 2006