FPIVX : FPA International Value Fund

Fund Summary

The investment seeks to provide above average capital appreciation over the long term while attempting to minimize the risk of capital loss. The fund primarily seeks to identify investment opportunities across international markets, including both developed and emerging countries. It typically invests in equity securities of companies of all market capitalizations domiciled in jurisdictions outside of the United States. The manager does not expect to invest more than 35% of its assets in securities of companies domiciled in emerging markets, however, the fund's investments in emerging markets may exceed this amount depending on market opportunities.