Marsico Focus Fund
Marsico Growth Fund
During the first calendar quarter of 2008, the Focus Fund and the Growth Fund posted total returns of -13.66% and -13.53%, respectively. Those results trailed the S&P 500 Index, the Funds' primary benchmark index, which had a total quarterly return of -9.44%. |
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Marsico 21st Century Fund
In what might euphemistically be called a "challenging" market environment, the 21st Century Fund posted a disappointing total return of -14.11% during the first calendar quarter of 2008. That result trailed the S&P 500 Index, the Fund's primary comparative benchmark, which had a total quarterly return of -9.44%. |
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Marsico International Opportunities Fund
The International Opportunities Fund had a total return of (US$) -11.55% in the first calendar quarter 2008. The Fund underperformed its primary benchmark index, the MSCI EAFE Index ("EAFE Index"), which had a total quarterly return of (US$) -8.91% over the same three-month period. |
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Marsico Global Fund
The Marsico Global Fund, which was launched on June 29, 2007, produced a disappointing total return of -12.15% during the first calendar quarter of 2008. |
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Marsico Flexible Capital Fund
The Flexible Capital Fund recorded a total return of -10.64% during the first calendar quarter of 2008. That result represented a moderate degree of underperformance as compared to the Fund's primary benchmark, the S&P 500 Index, which had a total quarterly return of -9.44%. |
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