As of 03/07/2014
Average Annual Total Returns4
|w/ Sales Charge|
Expense Ratio and Sales Charge As of 08/01/2013 (updated annually)
|Gross Expense Ratio5,6||2.83%|
|Net Expense Ratio||1.49%|
|Max Initial Sales Charge||5.75%|
As of 02/28/2014
Strategy, Benefits, Results
At Mutual Series, we focus on recognizing value that other investors might miss.
Our goal with this fund is to deliver solid, risk-adjusted returns with moderate correlation to the U.S. equity markets by investing mainly in the three categories described below:
THE QUARTERLY TENDER OFFER PROCESSMutual Recovery Fund is structured as a continuously offered, closed-end investment company due to the relatively illiquid nature of many of the fund’s investments. Investors can purchase shares on any day the markets are open, but shares aren’t redeemed daily. Instead, Mutual Recovery Fund offers to buy back 5%–25% of the outstanding shares each quarter during the tender offer period. The fund may suspend or postpone a tender offer subject to approval by the fund’s board.
Investing in the Fund
What Are the Risks?
How Financial Advisors Help You
Speak to your financial advisor about whether this fund is appropriate for you. If you don't have a financial advisor, request a referral.