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.

Growth Fund Facts
Assets (6/30/22): $56,056,722
Morningstar Category: World Large Stock Growth

Average Annual Total Returns (%) as of 5/31/2022
Class Ticker YTD 1 Year 3 Year 5 Year 10 Year Inception
A1 AFGGX -22.87 -17.93 10.66 8.55 10.41 7.68
A2 AFGGX -27.32 -22.67 8.48 7.27 9.75 7.68
L APITX -23.23 -18.76 9.55 7.46 9.31 7.68
I3 APGRX -22.88 -17.93 10.67 8.56 8.57

Average Annual Total Returns (%) as of 6/30/2022
Class Ticker YTD 1 Year 3 Year 5 Year 10 Year Inception
A1 AFGGX -29.36 -25.61 5.26 6.53 9.22 7.12
A2 AFGGX -33.43 -29.90 3.21 5.28 8.57 7.12
L APITX -29.80 -26.40 4.18 5.45 8.11 7.40
I3 APGRX -29.40 -25.66 5.25 6.52 7.44

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

Annual Operating Expenses: Per the most recent prospectus, Fund total operating expense ratios are: Class A, 1.37%; Class L, 2.37%; Institutional Class, 1.37%. In the interest of limiting expenses of the Fund, the Adviser has entered in to a contractual expense limitation agreement with the Trust, effective March 31, 2022, so that the Fund’s ratio of total annual operating expenses is limited to 0.99% for Class A Shares, 1.99% for Class L Shares, and 0.99% for Institutional Class Shares until at least May 31, 2023.

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.

Read important information about results and other investment disclosures below.

Class: A L I

Related Materials

» Fact Sheet

Class A

Breakpoint Schedule

Investment Offering
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

Portfolio Managers

David D. Basten
President & CIO

David M. Basten
Managing Director

Brentz East
Portfolio Manager