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Quarterly Letter

View the Fund's S.E.C. standardized returns, rankings and other important disclosure information

Auxier Report: Year End 2015

Dec 31, 2015

“Our competitive advantages are cumulative knowledge of individual businesses, passion for research, and emphasis on price versus value.”

Auxier Report: Fall 2015

Sep 30, 2015

“Such global cyclical stocks, as a group, have trailed far behind high-quality consumer businesses……”

Auxier Report: Summer 2015

Jun 30, 2015

“Managerial execution takes on a much greater importance in today’s higher markets. We believe those teams that execute can garner huge premiums in valuation.”

Auxier Report: Spring 2015

Mar 31, 2015

“We always encourage investors to review the performance of the investor in charge—not a committee—in the toughest of market conditions.”

Auxier Report: Year End 2014

Dec 31, 2014

“In the face of soaring prices, investors’ brains consistently seem to disengage about supply and demand, investment odds and the normal cyclicality and volatility of developed economies. “

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