Performance data quoted represents
past performance which 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 original cost. Current
performance may be lower or higher than the performance
quoted. Performance data current to the most recent
month-end may be obtained here on this website or by calling
(866) 792-9606. A portion of the fees of the Fund was
waived during the period. Without such waivers, the results
would have been lower.
The expense ratios for PTIAX are 0.82%. The net and gross
expense ratio for PTIMX are 0.55% and 0.73%, respectively. The
net and gross expense ratio for PTRMX are 0.80% and 0.98%,
respectively. For both PTIMX and PTRMX the advisor has
contractually agreed to waive its fees and/or pay for
operating expenses of the Fund to ensure that total annual
fund operating expenses (excluding acquired fund fees and
expenses, interest, taxes, dividends and interest expenses on
short positions, brokerage commissions and extraordinary
expenses such as litigation expenses) do not exceed 0.55% and
0.80%, respectively, of the average daily net assets of the
Fund. This agreement is effective until December 29, 2017.
For each fund with at least a three-year history,
Morningstar calculates a Morningstar Rating™ based on a
Risk-Adjusted Return measure that accounts for variation in a
fund's monthly performance (including the effects of sales
charges, loads and redemption fees), placing more emphasis on
downward variations and rewarding consistent performance.
Within each asset class, the top 10%, the next 22.5%, 35%,
22.5%, and the bottom 10% receive 5, 4, 3, 2, or 1 star,
respectively. (Each share class is counted as a fraction of
one fund within this scale and rated separately, which may
cause slight variations in the distribution percentages.) Each
fund is rated exclusively against U.S. domiciled funds. The
Overall Morningstar Rating™ is based on the weighted average
of the number of stars assigned to the fund's applicable time
periods. In cases where the fund has changed investment
categories, its historical information is given less weight.
If the fund has been in existence at least 10 years, the
10-year rating accounts for 50%, the 5-year for 30%, and the
3-year for 20%. If the fund has been in existence at least 5
years, but less than 10 years, the 5-year rating accounts for
60% and the 3-year for 40%. If the fund has been in existence
for 3 years, but less than 5 years, the 3-year rating accounts
Mutual fund investing involves risk. Please see each
Fund profile page for more complete information, including
Select a Fund name above to view its overview page.
PTAM is the advisor to the Performance Trust Mutual
Funds, which are distributed by Foreside Fund Services, LLC.
PTAM is registered to do business in the state of Colorado
under the name PTAM and in the state of Florida under the
name PTAM Performance Trust Asset Management, LLC.