At Marsico Funds, we seek to provide long-term growth of capital through a combination of creative idea generation and a highly disciplined buy/sell process. The prospectus contains more complete information about the Marsico Funds and should be read carefully before investing. We currently offer six funds:
| Fund | Objective | Portfolio Manager | Normal number of holdings* | Net Expenses1 | Minimum Investment (Regular account/IRA) |
| Marsico Focus Fund (MFOCX) |
The Focus Fund's goal is to seek long-term growth of capital. The Focus Fund is a "non-diversified" portfolio and invests primarily in the common stocks of large companies that are selected for their long-term growth potential. | Thomas F. Marsico | 20-30 | 1.23% | $2500/$1000 |
| Marsico Growth Fund (MGRIX) |
The Growth Fund's goal is to seek long-term growth of capital. The Growth Fund is a "diversified" portfolio and invests primarily in the common stocks of large companies that are selected for their long-term growth potential. | Thomas F. Marsico | 35-50 | 1.24% | $2500/$1000 |
| Marsico 21st Century Fund (MXXIX) |
The 21st Century Fund's goal is to seek long-term growth of capital. The 21st Century Fund is a "diversified" portfolio and invests primarily in common stocks that are selected for their long-term growth potential. The Fund may invest in companies of any size. | Corydon J. Gilchrist, CFA | 35-50 | 1.33% | $2500/$1000 |
| Marsico International Opportunities Fund (MIOFX) | The International Opportunities Fund's goal is to seek long-term growth of capital. The International Opportunities Fund is a "diversified" portfolio and invests primarily (no less than 65% of its total assets) in common stocks of foreign companies that are selected for their long-term growth potential. The Fund may invest in companies of any size throughout the world. | James G. Gendelman | Unlimited | 1.38% | $2500/$1000 |
| Marsico Flexible Capital Fund (MFCFX) | The Flexible Capital Fund's goal is to seek long-term growth of capital. The Flexible Capital Fund is a "non-diversified" portfolio and invests primarily in equity securities and other investments that are selected primarily for their long-term growth potential. The Fund's holdings may include, without limitation, securities of companies that may be experiencing a significant positive transformation or a favorable catalyst impacting their potential growth, may be underappreciated by other investors, or may be trading at compelling valuations in light of their potential growth, or other securities or investments. The Fund may invest in issuers of any size throughout the world. | A. Douglas Rao | 20-50 | 1.22%** | $2500/$1000 |
| Marsico Global Fund (MGLBX) | The Global Fund's goal is to seek long-term growth of capital. The Global Fund is a "diversified" portfolio and invests significantly (generally 40% of its total assets, or at least 30% depending on market conditions) in common stocks of foreign companies that are selected for their long-term growth potential. The Fund may invest in companies of any size throughout the world. | Corydon J. Gilchrist, CFA Thomas F. Marsico James G. Gendelman |
Unlimited | 0.77%** | $2500/$1000 |
*The number of securities or other investments held by the Funds may occasionally exceed the stated ranges at times such as when the portfolio manager is accumulating new positions, phasing out and replacing existing positions, or responding to exceptional market conditions. A redemption fee of 2.00% may be imposed on redemptions or exchanges of Fund shares you have owned for 30 days or less.
**The Adviser has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of each Fund (excluding interest, taxes, acquired fund fees and expenses, litigation, brokerage and extraordinary expenses) to an annual rate of 1.60% of the average net assets of the Focus Fund and International Opportunities Fund, 1.50% of the average net assets of the Growth Fund and the 21st Century Fund, and 0.75% of the average net assets of the Flexible Capital Fund and Global Fund until December 31, 2008. This fee waiver may be terminated at any time after December 31, 2008. The Adviser may recoup any waived amount from a Fund pursuant to this agreement if such reimbursement does not cause the Fund to exceed existing expense limitations and the reimbursement is made within three years after the year in which the Adviser incurred the expense. Prior to June 1, 2007, the Adviser's expense limitation agreement relating to the Flexible Capital Fund limited total expenses to an annual rate of 1.60% of average net assets. As a result, the Net Expenses exceed 0.75% for the Flexible Capital Fund.
**The Adviser has entered into a written expense limitation agreement under which it has agreed to limit the total expenses of each Fund (excluding interest, taxes, acquired fund fees and expenses, litigation, brokerage and extraordinary expenses) to an annual rate of 1.60% of the average net assets of the Focus Fund and International Opportunities Fund, 1.50% of the average net assets of the Growth Fund and the 21st Century Fund, and 0.75% of the average net assets of the Flexible Capital Fund and Global Fund until December 31, 2008. This fee waiver may be terminated at any time after December 31, 2008. The Adviser may recoup any waived amount from a Fund pursuant to this agreement if such reimbursement does not cause the Fund to exceed existing expense limitations and the reimbursement is made within three years after the year in which the Adviser incurred the expense. Prior to June 1, 2007, the Adviser's expense limitation agreement relating to the Flexible Capital Fund limited total expenses to an annual rate of 1.60% of average net assets. As a result, the Net Expenses exceed 0.75% for the Flexible Capital Fund.
1The Net Expenses are reflective of the information disclosed in the Funds' current prospectus. Please see the prospectus for more information.
