Performance
Net Asset Value
- 05.08.2008:
- $34.72
- Symbol:
- PORTX
| PERFORMANCE AS OF 3.31.08 | |||
|---|---|---|---|
| Performance Period | Portfolio 21 | MSCI World Equity Index | S&P 500 Index |
| 1st Quarter, 2008 | -6.60% | -8.94% | -9.44% |
| One Year | -1.76% | -2.77% | -5.08% |
| Three Year Annualized | 11.62% | 10.19% | 5.85% |
| Five Year Annualized | 17.28% | 16.52% | 11.32% |
| Since Inception (9.30.99) | 6.28% | 4.01% | 2.03% |
Gross expense ratio: 1.59%.
Net expense ratio: 1.52%.
The Advisor has contractually agreed to reduce its fees and/or pay Portfolio expenses for at least ten years, and indefinitely thereafter.
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. Performance data current to the most recent month end may be obtained by calling 877.351.4115. Performance data quoted does not reflect the 2.0% redemption fee on shares held less than 60 days. If reflected, total returns would be reduced.
Portfolio 21 may invest in foreign securities, which are subject to the risks of currency fluctuations, political and economic instability and differences in accounting methods. Investing in foreign securities is riskier than investing in domestic securities.
Portfolio 21 returns are compared with the MSCI World Equity Index. We use this index as a benchmark because Portfolio 21 is a global fund, investing in stocks throughout the world. Portfolio 21 does not attempt to replicate the MSCI World Equity Index. However, comparing performance results with a benchmark is helpful to identify relevant market conditions and fluctuations. The MSCI World Index is a free float-adjusted market capitalization index that is designed to measure global developed market equity performance. The S&P 500 Index is a broad based unmanaged index of 500 stocks, which is widely recognized as representative of the equity market in general. One cannot invest directly in an index.
Investment performance reflects fee waivers in effect. In the absence of such waivers, total return would be reduced.