Principal Risks


Marsico Focus Fund
The Focus Fund is classified as a non-diversified portfolio, which means it may hold fewer securities than a diversified fund because it is permitted to invest a greater percentage of its assets in a smaller number of securities. Holding fewer securities increases the risk that the value of the Fund could go down because of the poor performance of a single investment. The Fund and the stocks and markets in which it invests are subject to general risks that include volatility and instability, periods of cyclical change and decline, that investors may at times avoid investments in equity securities, and that the investment adviser may select investments for the Fund that do not perform as anticipated. 
 
Marsico Growth Fund
The Fund and the stocks and markets in which it invests are subject to general risks that include volatility and instability, periods of cyclical change and decline, that investors may at times avoid investments in equity securities, and that the investment adviser may select investments for the Fund that do not perform as anticipated.
 
Marsico 21st Century Fund
The Fund and the stocks and markets in which it invests are subject to general risks that include volatility and instability, periods of cyclical change and decline, that investors may at times avoid investments in equity securities, and that the investment adviser may select investments for the Fund that do not perform as anticipated. Investments in small-capitalization and medium-capitalization companies can involve more risk than investments in large capitalization companies.

Marsico International Opportunities Fund
Foreign investments may be riskier than U.S. investments for various reasons including, without limitation, unstable political and economic conditions, currency fluctuations, controls on investment and currency, government control over some issuers, taxation, potential nationalization, sovereign solvency issues, lack of company information, less liquid and more volatile markets, and other factors. In addition, the Fund and the stocks and markets in which it invests are subject to other general risks that include volatility and instability, periods of cyclical change and decline, that investors may at times avoid investments in equity securities, and that the investment adviser may select investments for the Fund that do not perform as anticipated. 

Marsico Global Fund
Foreign investments may be riskier than U.S. investments for various reasons including, without limitation, unstable political and economic conditions, currency fluctuations, controls on investment and currency, government control over some issuers, taxation, potential nationalization, sovereign solvency issues, lack of company information, less liquid and more volatile markets, and other factors. In addition, the Fund and the stocks and markets in which it invests are subject to other general risks that include volatility and instability, periods of cyclical change and decline, that investors may at times avoid investments in equity securities, and that the investment adviser may select investments for the Fund that do not perform as anticipated.