PERFORMANCE OF THE CRABTREE FUND (NET OF FEES)

Since inception on April 1, 2009

Through Friday, August 18, 2017:

Returns Crabtree Fund Beta vs.
August Q3 Year-to-Date Since Inception Annualized
Crabtree Fund -1.82% 1.06% 18.84% 21.69%
Nasdaq Composite -2.07% 1.24% 15.48% 18.22% 1.16
Merrill Lynch Technology 100 -1.26% 2.71% 21.06% 17.99% 0.97
Russell 2000 Growth -4.10% -3.31% 5.92% 16.40% 0.94

 

Returns differ from that shown on the Covestor/Crabtree Technology model page, due to differences in timing and management fees.

Returns for the Crabtree Fund are net of management fees and trading costs.

Firm-wide GIPS verification: March 2016

Beta calculations are for the Crabtree Fund vs. each benchmark, since inception on 4/1/09.

Past performance is no indication or guarantee of future results.