Welcome to the Encompass Fund. The Fund's focus on global resource companies exploring for and producing commodities like
uranium, rare earth elements, copper, gold and silver helped launch the Fund to the top of Morningstar's charts once again in 2010.
For 2010, the Fund had a return of 60%, and was Morningstar's #1 International Fund (of 3,362 funds), and #1 World Stock Fund
(of 843 funds). It ranked #2 in performance out of all 15,724 funds tracked for 2010. For 2009, the fund gained 137% and was the #1
World Stock Fund (of 722 funds), and #5 of the approximately 16,000 funds tracked by Morningstar. The Fund is a "go-anywhere" fund,
investing globally and in companies of all market cap sizes, from micro-cap to large-cap. The Fund has emphasized commodity and
health care companies since the Fund's inception in June, 2006.

 Historical Performance of Encompass Fund for the Period Ended 9/30/11:

 


1 Year


3 Years


5 Years

Annualized
Since Inception (6/30/06)

Encompass Fund

3.70%

  18.85%

2.85%

1.24%

Wilshire 5000 Index

0.58%

  1.49%

-0.75%

 0.11%

Current Price of Encompass Fund:
Date: 2/8/2012    
Net Asset Value (NAV): $12.41   
Change from Previous Close: $0.08

 Historical Prices (click here)
 

Returns include change in share prices and in each case includes reinvestment of any dividends and capital gain distributions.
The Wilshire 5000 Index measures the performance of all U.S. headquartered equity securities with readily available
price data. Over 5,000 capitalization weighted security returns are used to adjust the index.

Performance data quoted represents past performance.  Past performance does not guarantee future results. The investment return
and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their
original cost. Current performance may be lower or higher than the performance data quoted. You may obtain performance data current
to the most recent month-end by calling the transfer agent at 1-888-463-3957. Investors should consider the investment objectives, risks,
and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund.
You may obtain a prospectus on this website or by calling the transfer agent at 1-888-463-3957. The prospectus should be read carefully
before investing.
                                                                                                                                                                                                                                                       
Encompass Fund •  1700 California Street, Suite 335 •  San Francisco, CA 94109  •  Email: info@encompassfunds.com