Skip to navigation

All Cap Value Fund

The fund seeks to provide high total return using a combination of capital appreciation and income.

Share Class	Ticker	CUSIP	Inception
Class A	MXLAX	316786243	8/13/2001
Class B	MXLBX	316786235	8/13/2001
Class C	MXLCX	316786227	8/13/2001
Institutional	MXEIX	316786219	4/1/1999

Investment Approach

We buy the stocks of companies —

With noteworthy value characteristics, such as low price-to-earnings, price-to-book, and price-to-sales ratios
That possess strong catalysts for change, that can help boost the stock price over time, including new products, management restructuring, or a change in the business environment
That we believe are significantly undervalued by the market

Sell Discipline

We will consider selling one of our holdings when —

The stock performs well and either reaches or approaches price target
A lower price target results from reassessment of normal earnings or attainable price-to-earnings ratio
A more attractive stock is identified

Portfolio Characteristics

As of 03.31.12

Total Net Assets	$92,291,913
Number of Securities Held	83
^**Portfolio Turnover Rate	59%
Average Market Capitalization	$61.9B
P/E Ratio	15.2
P/B Ratio	1.6
Beta	1.06
^*Alpha	-0.78%
^*Sharpe	-0.12
^*R²	98.24%
^*Standard Deviation	25.30%

Risks and Additional Information

* Information above is for A Shares. Other classes may vary slightly.
** The Portfolio Turnover Rate represents the fund’s portfolio turnover for the fiscal year ending 7/31/11.
The P/E (Price-to-Earnings) Ratio equals the price of a stock divided by its earnings per share. P/E multiples enable investors to compare the relative value of stocks within a portfolio. They show how much an investor must pay for one dollar of earnings.
The P/B (Price-to-Book) Ratio compares the market’s valuation of a company to the value of that company as indicated on its financial statement.

An investor cannot invest directly in an index.
Beta rating attempts to measure relative risk in relation to the fund’s benchmark.
Alpha is a coefficient which measures risk-adjusted performance, factoring in the risk due to the specific security, rather than the overall market.
Sharpe Ratio is calculated using standard deviation and excess return to determine reward per unit of risk.
R² (R-squared) is a measurement of how closely a portfolio’s performance correlates with the performance of a benchmark index.
Standard Deviation is a statistical measure of the historical volatility of a mutual fund.
The risk reward metrics shown in the Portfolio Characteristics section above are for a trailing five-year period in relation to the fund’s benchmark. Source: Zephyr Style Advisor.
Stocks have historically provided greater return potential than other investments over the long term, but may be subject to wide swings in value over shorter time periods. There are risks associated with investing in small and mid cap stocks, which tend to be more volatile and less liquid than the stocks of large companies, including the risk of price fluctuations.

An investor should consider the fund’s investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about the investment company can be found in the fund’s prospectus. To obtain a prospectus, call 1-800-282-5706 or visit our Prospectus & Literature section. Please read the prospectus carefully before investing.

Fifth Third Funds are distributed by FTAM Funds Distributor, Inc. Fifth Third Asset Management, Inc. serves as Investment Adviser to Fifth Third Funds

NOT FDIC INSURED - NO BANK GUARANTEE - MAY LOSE VALUE

Designed and created by DDM Marketing & Communications.