|
Home > Mutual Funds > The Gabelli Focus Five Fund Objective
Objective Fund Details Price & Performance Dividend & Tax Info The Gabelli Focus Five Fund Printable Factsheet |
Prospectus |
Statement of Additional Info |
Recent Quarterly Report |
Recent Annual Report |
Recent Quarterly Report
To Our Shareholders,
The Sarbanes-Oxley Act requires a Fund's principal executive and financial officers to certify
the entire contents of the semi-annual and annual shareholder reports in a filing with the
Securities and Exchange Commission on Form N-CSR. This certification would cover the portfolio
manager's commentary and subjective opinions if they are attached to or a part of the financial
statements. Many of these comments and opinions would be difficult or impossible to certify.
Because we do not want our portfolio managers to eliminate their opinions and/or restrict their
commentary to historical facts, we have separated their commentary from the financial statements
and investment portfolio.
The fund typically invests in 20-30 companies. By concentrating in a small number of investments, the Fund's risks are increased because each investment has a greater effect on the Fund's performance than a Fund which is more broadly diversified. Securities of smaller companies present greater risks than securities of larger, more established companies. The stocks of smaller companies may trade less frequently and experience more abrupt price movements than stocks of larger companies, therefore, investing in this sector involves special challenges.
|
