Aegis Financial Corporation
6862 Elm Street, Suite 830
McLean, VA 22101
Welcome to The Aegis Funds
Aegis Financial Corporation serves as the investment advisor to the Aegis Value Fund, a series of The Aegis Funds, and offers institutional and private client wealth management services through separately managed accounts.
AEGIS VALUE FUND (AVALX & AVFAX)
The Aegis Value Fund is a contrarian, fundamentals-driven mutual fund focused on deep-value small cap stocks. Managed by Scott Barbee since inception, the Fund has a long track record focused on exploiting investment opportunities within the low price-to-book equity segment. The research team is strongly committed to the strategy, with significant co-investment in the Fund.
|Net Asset Value as of
September 30, 2016
Quarter-End Performance as of 06/30/16
|3 Months||YTD||1 Year||3 Years||5 Years||10 Years||Since Inception*|
|Aegis Value Fund Class I (AVALX)||17.89%||46.18%||8.05%||-2.78%||4.56%||4.99%||9.32%|
|Aegis Value Fund Class A Without Load (AVFAX)||17.80%||46.07%||7.81%||NA||NA||NA||-8.18%|
|Aegis Value Fund Class A With Load (AVFAX)||13.38%||40.54%||3.80%||NA||NA||NA||-9.67%|
|Russell 2000 Value Index||4.31%||6.08%||-2.58%||6.36%||8.15%||5.15%||7.38%^|
|S&P 500 Index||2.46%||3.84%||3.99%||11.66%||12.10%||7.42%||5.54%^|
Month-End Performance as of 08/31/16
|1 Month||YTD||1 Year||3 Years||5 Years||10 Years||Since Inception*|
|Aegis Value Fund Class I (AVALX)||-0.26%||57.03%||23.78%||-1.79%||8.16%||6.01%||9.65%|
|Aegis Value Fund Class A Without Load (AVFAX)||-0.32%||56.85%||23.49%||NA||NA||NA||-4.99%|
|Aegis Value Fund Class A With Load (AVFAX)||-4.07%||50.92%||18.87%||NA||NA||NA||-6.42%|
|Russell 2000 Value Index||2.49%||14.58%||13.80%||8.51%||12.63%||5.80%||7.76%^|
|S&P 500 Index||0.14%||7.82%||12.55%||12.30%||14.69%||7.51%||5.71%^|
*The inception date for AVALX (Class I) is 05/15/1998. The inception date for AVFAX (Class A) is 02/26/2014.
^Since Inception returns are as of the fund's I Class date. The returns for the Russell 2000 Value Index is 4.14% and S&P500 Index is 8.97% as of the inception date of the A Class month-end data numbers. The returns for the Russell 2000 Value Index is 1.06% and S&P500 Index is 7.90% as of the inception date of the A Class for quarter-end data numbers.
The Fund Class I (AVALX) and Class A (AVFAX) shares have an annualized gross expense ratio of 1.53% and 1.78%, respectively. The Fund Class I (AVALX) and Class A (AVFAX)'s net annualized expense ratio, after fee waiver, is 1.50%, and 1.75%, respectively. Under the waiver, the Advisor has contractually agreed to limit certain fees and/or reimburse certain of the Fund 's expenses through April 30, 2017.
Click here for the Fund's most recent Factsheet.
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. For performance data current to the most recent month end, please call us at 800-528-3780. Performance data does not reflect the redemption fee, which would have reduced the total return. Performance data for the AVFAX shares with load reflects the Class A maximum sales charge of 3.75%. Additionally, performance for the Class A Shares without load is shown at NAV, and does not reflect the maximum sales charge. If reflected, total return would be reduced.
|Applications||Aegis Value Fund Reports||Aegis Value Fund Commentary|
|Application Class A Class I||Statutory Prospectus||2016 2Q Manager's Letter|
|Coverdell Application Class A Class I||Summary Prospectus||2016 1Q Manager's Letter|
|IRA Application Class A Class I||SAI||2015 4Q Manager's Letter|
|IRA Transfer Form||XBRL Risk/Summary||2015 3Q Manager's Letter|
|Transfer On Death Designation Form||2015 1Q Manager's Letter|
|Annual Report||2014 4Q Manager's Letter|
|Aegis Funds' Distributions||Semi-Annual Report||2014 3Q Manager's Letter|
|Aegis Value Fund - 2015 Dividends||2014 2Q Manager's Letter|
|2014 1Q Manager's Letter|
|2013 4Q Manager's Letter|
|2013 3Q Manager's Letter|
|2013 2Q Manager's Letter|
|2013 1Q Manager's Letter|
|2012 4Q Manager's Letter|
|2012 3Q Manager's Letter|
|2012 2Q Manager's Letter|
|2012 1Q Manager's Letter|
|2011 4Q Manager's Letter|
Documents meet regulatory requirements when viewed using Internet Explorer.
Please read and consider the prospectus carefully before investing. To obtain a hardcopy of the prospectus, please call 1.800.528.3780.
Mutual fund investing involves risk. Principal loss is possible. Investments in foreign securities involve greater volatility and political, economic and currency risks and differences in accounting methods. Investments in smaller and mid-capitalization companies involve additional risks such as limited liquidity and greater volatility. Value stocks may fall out of favor with investors and underperform growth stocks during given periods.
Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced.
Russell 2000 Value Index: A market capitalization weighted equity index maintained by the Russell Investment Group and based on the Russell 2000 Index,which measures how U.S. stocks in the equity value segment perform.
S&P 500 Index: An index of 500 stocks chosen for market size, liquidity and industry grouping, among other factors. The S&P 500 is designed to be a leading indicator of U.S. equities and is meant to reflect the risk/return characteristics of the large cap universe. One cannot invest directly in an index.
Price to Book: A ratio used to compare a stock's market value to its book value. It is calculated by dividing the current closing price of the stock by the latest quarter's book value per share.
The Aegis Funds is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of any The Aegis Funds in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
The Aegis Fund is distributed by Quasar Distributors, LLC.