Scharf Fund
LOGRX
Retail
LOGIX
Institutional
Investment Objective The Scharf Fund seeks long-term capital appreciation.
Strategy The Scharf Fund primarily invests in equity securities that the Adviser believes have significantly more appreciation potential than downside risk over the long term.
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Materials
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Historical Reports
- Annual Financial Statements and Additional Information 2024
- Institutional Class Annual Shareholder Report 2024
- Retail Class Annual Shareholder Report 2024
- Form N-PX 2024
- Semi-Annual Report 2024
- Annual Report 2023
- Semi-Annual Report 2023
- Fund Holdings December 2022
- Annual Report 2022
- Fund Holdings June 2022
- Semi-Annual Report 2022
- Fund Holdings December 2021
- Annual Report 2021
- Semi-Annual Report 2021
- Tax Insert 2020
- Schedule of Investments December 2020
- Annual Report 2020
- Schedule of Investments June 2020
- Semi-Annual Report 2020
- Annual Report 2019
- Semi-Annual Report 2019
- Tax Insert 2019
- Annual Report 2018
- Semi-Annual Report 2018
- Annual Report 2017
- Semi-Annual Report 2017
Before you invest in the Scharf Funds, please refer to the prospectuses for important information about the investment companies, including investment objectives, risks, charges and expenses.
Mutual fund investing involves risk. Principal loss is possible. The Scharf Global Opportunity Fund is non-diversified, meaning the Fund may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to volatility than a diversified fund. Diversification does not assure a profit, nor does it protect against a loss in a declining market. The Fund may invest in securities representing equity or debt. These securities may be issued by small- and medium-sized companies, which involve additional risks such as limited liquidity and greater volatility. The Fund may invest in foreign securities which involve greater volatility, political, economic and currency risks, and differences in accounting methods. These risks are greater for emerging markets. The Fund may invest in exchange-traded fund (“ETFs”) or mutual funds, the risks of owning either generally reflecting the risks of owning the underlying securities held by the ETF or mutual fund. The Fund follows an investment style that favors relatively low valuations. Investment in debt securities typically decrease in value when interest rates rise. This risk is usually greater for longer-term debt securities. Investment in lower-rated, non-rated and distressed securities presents a greater risk of loss to principal and interest than higher-rated securities.
The Scharf Funds are distributed by Quasar Distributors, LLC.