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FUND DESCRIPTION
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New Century International is
dedicated to a philosophy... diversification can reduce risk without
sacrificing performance. The Portfolio's objective is to provide capital
growth and, as a secondary objective, to earn income. New
Century maintains rigorous investment qualifications for the mutual funds in
which it invests: strong performance, reasonable risk-adjusted
returns and consistent management styles. International investments
may involve additional risks, such as currency rate fluctuation,
different financial and accounting standards, and political
instability that may cause greater volatility and expose the
Portfolio to other risks generally not associated investments. Diversification does not
assure or guarantee better performance and cannot eliminate the risk
of investment loss.
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FUND HIGHLIGHTS
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Diversification through a blend
of value and growth investments allocated among large-cap,
mid-cap, small-cap positions allocated geographically among
mature and emerging markets.
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Access to ETFs
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Disciplined category ranges reduce risk
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Investments are not limited to a
single fund family or institution
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Active management consistently
monitors fund objectives and performance
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Simplified year-end tax reporting on
a single tax statement
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PRINCIPAL INVESTMENT
STRATEGIES
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The New Century
International Portfolio seeks to achieve its investment objective by
investing primarily in shares of registered investment companies
that emphasize investments in equities such as common stocks,
preferred stocks or securities convertible into stocks,
but with a focus on securities in foreign and emerging markets, and
with less emphasis on securities in domestic markets.
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PORTFOLIO MANAGEMENT
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Wayne M. Grzecki,
is a Portfolio Manager for the
New Century Capital, Balanced, Opportunistic, and International
Portfolios. He
served as the President of the Trust from 1996 until
2011. He has
managed the Capital Portfolio and Balanced Portfolio since 1995, the
Opportunistic Portfolio and International
Portfolio since their inception in 2000, and served as a Co-Manager
of the Alternative Strategies Portfolio
since its inception in 2002 until March of 2005.
Susan K. Arnold
is a Portfolio Manager
for the New Century Capital, Balanced, Opportunistic, and
International Portfolios. She previously served as Assistant
Portfolio Manager for the Capital Portfolio and Balanced Portfolio
from 1998 until 2011, and the Opportunistic Portfolio and
International Portfolio since their inception in 2000 until 2011.
Ms. Arnold is a Vice President and a Senior Financial
Counselor with Weston Financial Group, Inc. Ms. Arnold
is a CFP® practitioner and is also a Registered Representative of
Weston Securities Corporation, the Trust’s principal underwriter.
Andre
M. Fernandes is a
Portfolio Manager for the New Century Capital, Balanced,
Opportunistic, and International Portfolios. He previously served as
Assistant Portfolio Manager for the Capital, Balanced, Opportunistic
and International Portfolios from 2002 until 2011. Mr. Fernandes is
a Vice President and a Senior Financial Counselor with Weston
Financial Group, Inc. Mr. Fernandes is a CFP®
practitioner and also a Registered Representative of Weston
Securities Corporation, the Trust’s principal underwriter.
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The performance data quoted represents past performance. The
investment return and principle value of an investment will
fluctuate so that an investor's shares, when redeemed, may be worth
more or less than the original investment. Past performance does not
guarantee future results, and current performance may be lower or
higher than the performance data quoted. Total return figures are
net of fees and include reinvestment of all dividends and capital
gains.
For the fiscal year ended 10/31/10, The New
Century International Portfolio had an expense ratio of 1.45% with
an acquired fund expense ratio of 0.62%. The Acquired Fund Expense
Ratio reflects the fees and expenses incurred by the New Century
International Portfolio for the fiscal year ended 10/31/10,
as a result of its investment in other registered investment
companies. These expenses are not incurred directly by shareholders.
Investors should take into consideration the investment objectives,
risks, charges and expenses of the New Century Portfolios carefully
before investing. The Prospectus contains these details and other
information and should be read carefully before investing. Click
here to view a current Prospectus.
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MORNINGSTAR
DISCLOSURE
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Morningstar Ratings reflect risk-adjusted performance and are
derived from a weighted average of the fund’s 3-, 5- and 10-year (if
applicable) Ratings. For the periods ended January 31, 2012 the fund
received 4-Stars Overall among 731 funds, and 4-Stars for the 3-,
5-, and 10-year periods among 731, 560 and 314 funds, respectively,
in the Morningstar Foreign Large Blend Category.
The Morningstar Ratings formula measures the amount of variation in a fund’s performance and gives more emphasis to downward variations. Ratings are subject to change every month. The top 10% of the funds in the category receive 5 stars; the next 22.5% 4 stars; the next 35% 3 stars; the next 22.5 2 stars; and the last 10% 1 star.
©2012 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.
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Privacy
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Copyright 2000 -
2012 by Weston
Securities Corporation. All rights reserved. Contact
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