Funds & Performance

Growth Fund

The Growth Fund seeks long-term capital appreciation.

The fund invests in what Yorktown considers the most compelling domestic,
international and emerging market growth companies, regardless of market
capitalization or sector. We focus on finding companies with strong balance sheets, earnings and management teams that consistently grow at a faster-than-average pace. We also seek out companies in attractive industries located in countries with growing GDP and a stable political environment.

The fund is generally appropriate for investors who place a priority on
growing capital.

Morningstar Rating

5 YEAR (4 STAR) 714 FUNDS IN CATEGORY

4stars

OVERALL (3 STAR) 590 FUNDS IN CATEGORY

3stars-120x30

As of June 30, 2017, the Fund’s A shares received a 4-star Rating for the 5 year period and a 3-star Overall Rating in the World Large Stock category.

Growth Fund Facts
Assets: $62,734,420
Morningstar Category: World Stock

Average Annual Total Returns (%) as of 7/31/2017
Class Ticker YTD 1 Year 3 Year 5 Year 10 Year Inception
A1, 4 AFGGX 15.53 15.36 7.39 12.55 5.62 7.45
A1, 5 AFGGX 8.88 8.72 5.29 11.22 5.00 7.45
L2 APITX 14.78 14.15 6.31 11.41 4.57 7.75
I3 APGRX 15.50 15.42 7.41 8.84

Average Annual Total Returns (%) as of 6/30/2017
Class Ticker YTD 1 Year 3 Year 5 Year 10 Year Inception
A1 AFGGX 13.49 19.33 5.42 11.97 5.08 7.35
A2 AFGGX 6.96 12.47 3.36 10.65 4.46 7.35
L APITX 12.90 18.09 4.38 10.85 4.04 7.71
I3 APGRX 13.50 19.38 5.44 8.57

1without Sales Charge  2with 5.75% Sales Charge, 3Inception Date: 05/31/2013

Read important information about results and other investment disclosures below.

As disclosed in the prospectus, the maximum front end load for the Yorktown Growth Fund is 5.75%.

As of May 31, 2017, the total operating expense ratios for the Yorktown Growth Fund by share class are: Class A (AFGGX), 1.48%; Class L (APITX), 2.48%; Institutional Class (APGRX), 1.48%.

As of May 31, 2017, the adjusted annual operating expense ratios for the Yorktown Growth Fund by share class are: Class A (APIGX), 1.44%, Class L (APITX), 2.44%, Institutional Class (APGRX), 1.44 plus acquired fund fees and expenses of 0.04%. The fund does not use fee waivers at this time.

The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment in the Fund 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 may be obtained by calling 1-800- 544-6060.

Class: A L I
Ticker: AFGGX APITX APGRX

Related Materials

» Fact Sheet
» Portfolio Holdings

Class A

Breakpoint Schedule

Investment Offering
Price
Less than $25K 5.75%
$25K but less than $50K 5.00%
$50K but less than $100K 4.50%
$100K but less than $250K 3.50%
$250K but less than $500K 2.50%
$500K but less than $750K 2.00%
$750K but less than $1Million 1.50%
$1Million and above* 0.00%

* Finder’s Fee. See Prospectus or call
the Sales Desk

Class L

•    No CDSC
•    No Front or Back End Sales Charges
•    Offers Clients Complete Liquidity

The Fund invests globally in securities that have shown their propensity for growth and have established high returns on capital with strong revenue growth. We focus on finding investments in all segments of the world that enhance the portfolio and fulfill our principle of buying the best when the markets provide opportunity.

David D. Basten
President/CIO

Portfolio Managers

Mike Dixon
Portfolio Manager

David M. Basten
Managing Director

Brentz East
Portfolio Manager