Fund Performance

Quarter-End Returns

Average Annualized Total Returns as of September 30, 2017

1 Year3 Years5 YearsSince 9/30/10
Bretton Fund14.56%5.44%8.55%10.55%
S&P 500 Index18.61%10.81%14.22%14.38%

Calendar Year Total Returns

YearBretton FundS&P 500 Index
9/30/10 – 12/31/106.13%10.76%

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. All returns include change in share prices, and reinvestment of any dividends and capital gains distributions. Current performance may be lower or higher than the performance data quoted. Indices shown are broad-based, unmanaged indices commonly used to measure performance of US stocks. These indices do not incur expenses and are not available for investment. You may obtain performance data current to the most recent month-end by calling 800.231.2901. The fund’s expense ratio is 1.50%.