FMI Mutual Funds
- FMI Large Cap Fund (FMIHX) – Fiduciary Management, Inc.
- FMI Common Stock Fund (FMIMX) – Fiduciary Management, Inc. (Closed to new investors)
- FMI International Fund (FMIJX) – Fiduciary Management, Inc. (Inception 12/31/10)
- FMI Focus Fund (FMIOX) – Broadview Advisors, LLC
- FMI Provident Trust Strategy Fund (FMIRX) – Provident Trust Company
As of 02/21/12
| FUND | NAV | PRICE CHANGE | DAILY NAV% CHANGE | YTD PERFORMANCE | MARKET VALUE IN MILLIONS OF DOLLARS |
|---|---|---|---|---|---|
| FMIHX | $16.45 | -$0.03 | -0.18% | 7.87% | $5,053.5 |
| FMIMX | $26.22 | -$0.06 | -0.23% | 8.93% | $1,192.7 |
| FMIJX | $20.88 | +$0.24 | 1.16% | 7.19% | $37.8 |
| FMIOX | $31.83 | -$0.15 | -0.47% | 13.15% | $583.2 |
| FMIRX | $9.01 | +$0.00 | 0.00% | 9.08% | $150.5 |
Annualized Returns for the Month Ending 01/31/12
| FUND | 1 YEAR | 3 YEAR | 5 YEAR | 10 YEAR OR *SINCE INCEPTION |
|---|---|---|---|---|
| FMIHX* | 3.69% | 18.42% | 2.68% | 7.06% |
| FMIMX | 7.46% | 25.11% | 6.43% | 9.54% |
| FMIJX* | 0.65% | n/a | n/a | 0.55%* |
| FMIOX | 2.63% | 28.25% | 5.78% | 7.11% |
| FMIRX | -0.26% | 13.11% | 2.50% | 6.46% |
Annualized Returns for the Quarter Ending 12/30/11
| FUND | 1 YEAR | 3 YEAR | 5 YEAR | 10 YEAR OR *SINCE INCEPTION |
|---|---|---|---|---|
| FMIHX* | 1.49% | 13.61% | 2.22% | 6.44% |
| FMIMX | 4.52% | 19.57% | 5.93% | 9.04% |
| FMIJX* | -1.77% | n/a | n/a | -1.77%* |
| FMIOX | -3.37% | 20.61% | 4.75% | 6.29% |
| FMIRX | -3.65% | 10.72% | 2.35% | 5.66% |
The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. 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. The FMIMX, FMIHX, FMIOX, FMIRX and FMIJX annual operating expense ratios as of 1-31-12 are 1.21%, 0.97%, 1.26%, 0.98%,‡ and 1.00%.‡‡
‡ In addition to the reimbursement required under the investment advisory agreement to reimburse FMIRX for expenses in excess of 2.00% of that Fund’s average daily net assets, Fiduciary Management, Inc. will voluntarily reimburse FMIRX for expenses in excess of 1.00% of that Fund’s average daily net assets. Fiduciary Management will not terminate the expense reimbursement prior to January 31, 2013.
‡‡ In addition to the reimbursement required under the investment advisory agreement to reimburse FMIJX for expenses in excess of 1.75% of average daily net assets, Fiduciary Management, Inc. will voluntarily reimburse FMIJX for expenses in excess of 1.00% of the Fund’s average daily net assets. Fiduciary Management will not terminate this additional expense reimbursement prior to January 31, 2013.
For more information about the FMI Family of Funds, including fees and expenses, call (800) 811-5311 for a free prospectus (also available from this website). Please read the prospectus carefully to consider the investment objectives, risks, charges and expenses before investing or sending money. The prospectus contains this and more information. Please read the prospectus carefully before investing.
*Performance Calculated from Inception for:
FMI International Fund (FMIJX) Inception Date – 12/31/10