background image

NOTICE TO SHAREHOLDERS AND BROKER-DEALERS:

The Emerald Mutual Funds are making NO year-end capital gains or income dividend payments for calendar year 2016.

Emerald Growth Fund

Performance Data as of 09/30/2017

FundCumulativeAnnualizedExpense Ratio
 1 MoYTDSince
Inception1
1 YR3 YR5 YR10 YRSince
Inception1
Gross2Net2
HSPGX Class A
NAV5.06%18.40%1,389.75%23.65%13.67%15.76%9.08%11.41%1.16%1.16%
MOP0.08%12.79%1,318.81%17.77%11.85%14.65%8.55%11.19%N/AN/A
Benchmark35.44%16.81%648.93%20.98%12.17%14.28%8.47%8.39%N/AN/A
HSPCX Class C
NAV5.05%17.84%187.08%22.87%12.95%15.02%8.39%6.30%1.82%1.82%
CDSC4.05%16.84%187.08%21.87%12.95%15.02%8.39%6.30%N/AN/A
Benchmark35.44%16.81%139.75%20.98%12.17%14.28%8.47%5.20%N/AN/A
FGROX Class Institutional
NAV5.10%18.66%279.25%24.00%14.03%16.13%N/A16.07%0.86%0.86%
Benchmark35.44%16.81%247.66%20.98%12.17%14.28%N/A14.95%N/AN/A
FFGRX Class Investor
NAV5.08%18.36%109.76%23.57%13.62%15.74%N/A12.24%1.23%1.23%
Benchmark35.44%16.81%93.37%20.98%12.17%14.28%N/A10.83%N/AN/A