Is This Fund a Good Choice for Me?
The Rural America Growth & Income Fund may be appropriate if you are seeking a mixture of interest income and capital appreciation.
Investment Objective and Strategy
Under normal circumstances, the fund intends to invest at least 80% of its net assets (plus the amount of borrowings for investment purposes) in securities that have exposure to rural America. The fund primarily invests in equity and fixed income securities of U.S. issuers.
|Inception||May 01, 2021|
Category: Allocation — 50% to 70% Equity
Classification: Mixed-Asset Target Allocation Growth Funds
|Fee Structure||No Load|
|Expense Ratio||2.26% (Net 1.00%) (05/01/2021)|
|Median Expense Ratio for Peer Group||0.75% (05/01/2021)|
|Fee Waiver||Contractual through 5/1/2022|
The expense ratio shows the percentage of fund assets deducted annually to cover operating costs. Fund expense ratios shown here do not include acquired fund fees and expenses. If applicable, these additional costs are disclosed in the prospectus. The net expense ratio is the expense ratio minus the portion of expenses waived or reimbursed. Please see the current prospectus for additional details.
RE Advisers Corporation has contractually agreed, through May 1, 2022, to limit the Fund’s operating expenses to an amount not to exceed 1.00%. This waiver agreement will terminate immediately upon termination of the Fund’s Management Agreement and may be terminated by the Fund or RE Advisers with one year’s notice.