Perkins Global Value Fund (JGVAX)

Defensive Global Value Equities

SHARE CLASS

FUND FACTS (JGVAX)

Inception Date6/29/2001
NAV (As of 6/30/15 )$14.08
Total Net Assets (As of 5/31/15)$287.49M
Annual Expense Ratio
(As of fiscal year end 9/30/14)
GROSS 1.01%
NET 1.01%

Performance (As of 3/31/15)
1 Year2.96%
3 Year10.27%
5 Year9.30%
10 Year5.71%
Morningstar (As of 5/31/15)
CategoryWorld Stock
Analyst Rating
Equity
Style Box

Returns quoted are past performance and do not guarantee future results; current performance may be lower or higher. Investment returns and principal value will vary; there may be a gain or loss when shares are sold. For the most recent month-end performance click here.

Quarterly Commentary - Q1 2015

EXECUTIVE SUMMARY

The global stock market rally has entered its seventh year.

The market environment is short on bargains but long on risk, in our view

We believewe have constructed the portfolio in a defensive manner,with an emphasis onU.S. blue chips and European multinationals.

FUND MANAGEMENT

Gregory Kolb, CFA

Fund Manager since 2005
Industry since 1998

Tadd H. Chessen, CFA

Fund Manager since 2013
Industry since 1994

J. Christian Kirtley, CFA

Fund Manager since 2013
Industry since 2003