Appleseed Fund – (APPLX, APPIX)

At Appleseed Capital, we seek to generate market-beating returns by making prudent, disciplined, and sustainable investments in a range of asset classes from markets around the world.

Go-Anywhere Value

Invest across a wide range of asset classes, geographies, industries, and market capitalization, looking for undervalued, responsibly managed companies.

Think Independently

Look for absolute value, invest with a long-term perspective, focus capital on our best ideas and strive to manage risk of permanent capital loss.

Skin in the Game

Eat our own cooking; Appleseed’s portfolio managers are also significant owners of Appleseed Fund shares in their personal investment accounts.

Annualized Returns – as of 09/30/2018
1 Year3 Years5 Years10 YearsSince Inception
Investor Class (APPLX)6.68%8.31%3.55%8.12%6.30%
Institutional Class (APPIX)6.85%8.53%3.78%8.30%6.45%
MSCI World Index11.25%13.54%9.28%8.56%5.57%

The funds past performance does not guarantee future results. Italics indicate extended performance, as APPIX did not exist until 1/31/11. APPIX extended performance is an estimate based on the performance of APPLX, adjusted for the difference in fees. The investment return and principal value of an investment in the Fund will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 1-800-470-1029.

The gross expense ratio of the Fund’s investor class is 1.57%, and the institutional class is 1.32%; the net expense ratio after contractual fee waivers through January 31, 2019 is 1.36% and 1.17%. The Fund’s ninety day redemption fee is 2.00%.

Investor Class (APPLX) 17.42% 9.94% -9.12% -1.68% 19.09% 13.31% -2.57% 4.92% 59.98% -18.05% -2.02%
Institutional Class (APPIX) 17.57% 10.16% -8.87% -1.51% 19.41% 13.57% -2.37% 4.92% 59.98% -18.05% -2.02%
MSCI World Index 22.40% 7.51% -0.87% 4.94% 26.68% 15.83% -5.54% 11.76% 29.99% -40.71% -9.04%
Sprott Physical Gold Trust15.01%
SINA Corp5.75%
Oaktree Capital Group LLC5.48%
SK Telecom Co Ltd ADR5.48%
Hyundai Home Shopping5.07%
OSRAM Licht AG4.14%
China Mobile Ltd ADR3.77%
Samsung Electronics Co Ltd3.22%
COSCO Shipping Ports Ltd3.20%
The Mosaic Co2.95%

Subject to change

Ticker SymbolAPPLX, APPIX
Share ClassNo-load, No 12b-1
Initial Miminum$2,500
Inception Date12/08/2006