** Gabelli Funds, LLC, the Fund’s Adviser, has contractually agreed to waive all or a portion of its investment advisory
fee and/or to reimburse certain expenses of the Fund to the extent necessary to maintain the Total Annual
Fund Operating Expenses After Fee Waiver and/or Expense Reimbursement (excluding brokerage, acquired fund
fees and expenses, interest, taxes, and extraordinary expenses) for Class I shares at no more than 1.00%. The fee
waiver and expense reimbursement arrangement will continue until at least April 30, 2016, and may not be terminated
by the Adviser before such date.
The GAMCO International Growth Fund invests in foreign securities which involves risks not ordinarily associated with investments in domestic issues, including currency fluctuation, economic and political risks.
Investors should carefully consider the investment objectives, risks, charges and expenses of the Fund before investing. The prospectus, which contains more complete information about this and other matters, should be read carefully before investing. To obtain a prospectus, please call 800-GABELLI or visit www.gabelli.com.
The Gabelli Mutual Funds are distributed by G.distributors, LLC., a registered broker-dealer and member of FINRA.