Please consider the Fund's investment objectives, risks, charges and expenses carefully before investing. To obtain a prospectus, which contains this and other information about the Fund, click here or call 888-860-8686. Please read the prospectus carefully before investing.
2 The MSCI All Country World Index is a free float-adjusted market capitalization weighted index that is designed to measure the equity market performance of developed and emerging markets. Sources of foreign exchange rates may be different between the Fund and the benchmark. The index is unmanaged and not available for direct investment. For comparison purposes, it should be noted that the MSCI All Country World Index does not charge fees and has no expenses.
3 Lipper Inc., a Refinitiv Company, is a nationally recognized organization that measures the performance of mutual funds within a universe of funds that have similar investment objectives. Returns are historical with capital gains and dividends reinvested. The Lipper Global Large-Cap Growth Index is an unmanaged index, that by portfolio practice, invest at least 75% of their equity assets in companies both inside and outside of the U.S. with market capitalizations (on a three-year weighted basis) above Lipper's global large-cap floor.
4 As of the Fund's 1/31/2024 prospectus; 1.55% gross, 1.50% net. Marsico Capital
Management, LLC, the investment adviser to the Fund (the "Adviser"),
has entered into a written expense limitation and fee waiver agreement under
which it has agreed to limit the total expenses of the Investor Class of the
Global Fund (excluding taxes, interest, acquired fund fees and expenses,
litigation, extraordinary expenses, and brokerage and other transaction
expenses relating to the purchase or sale of portfolio investments) to an
annual rate of 1.50% of the Fund's average net assets attributable to
Investor Class shares, until January 31, 2025. This expense limitation and fee
waiver agreement may be terminated by the Adviser at any time after January 31,
2025, upon 15 days prior notice to the Fund and its administrator, provided
that no such modification will be made in a manner inconsistent with the terms
of the current prospectus. The Adviser may recoup from the Fund (or share class
as applicable) any fees previously waived and/or expenses previously reimbursed
by the Adviser with respect to the Fund or share class, as applicable,
including any applicable waivers which may apply to a specific share class,
pursuant to this agreement (including waivers or reimbursements under previous
expense limitations) if (1) such recoupment by the Adviser does not cause the
Fund's share class, at the time of recoupment, to exceed the lesser of (a) the
expense limitation in effect at the time the relevant amount was waived and/or
reimbursed, or (b) the expense limitation in effect at the time of the proposed
recoupment, (2) the recoupment is made within three years after the fiscal year
end date as of which the amount to be waived or reimbursed was determined and
the waiver or reimbursement occurred, and (3) the Adviser has
not agreed to forego recoupment.