Current Performance
1. Returns for periods less than one year are not annualized.
The returns do not reflect the deduction of taxes that a shareholder would pay on Fund distributions or the redemption of Fund shares. Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance since the above time period may be higher or lower than the performance quoted. Performance data current to the most recent month end may be obtained by visiting each fund’s performance summary page on www.fmifunds.com.
Annual operating expenses for FMIHX, FMIQX, FMIMX, FMIUX, FMIJX, FMIYX, and FMIFX as of the Prospectus dated 1/31/24 are as follows: 0.84%, 0.71%, 1.00%, 0.88%, 0.94%, 0.80%, and 0.90%*, respectively.
*Note that the annual operating expenses for FMIFX are 1.14% before the investment adviser’s voluntary reimbursement such that the annual operating expenses do not exceed 0.90%, which will continue at least through January 31, 2025.
For more information about the FMI Family of Funds, including fees and expenses, call (800) 811-5311 for a free prospectus or summary prospectus (also available from this website). Please read these prospectuses carefully to consider the investment objectives, risks, charges and expenses before investing or sending money. These prospectuses contain this and more information. Please read these prospectuses carefully before investing.
Risks associated with investing in FMIHX and FMIQX are: Stock Market Risk, Medium and Large Capitalization Companies Risks, Value Investing Risk, Foreign Securities Risk (fluctuation of currency, different financial standards, and political instability), Liquidity Risk, and Tax Law Change Risk.
Risks associated with investing in FMIMX and FMIUX are: Stock Market Risk, Medium and Small Capitalization Companies Risks (which includes the potential for greater volatility and less financial resources than Large-Cap Companies), Value Investing Risk, Foreign Securities Risk (fluctuation of currency, different financial standards, and political instability), Liquidity Risk, and Tax Law Change Risk.
Risks associated with investing in FMIJX and FMIYX are: Stock Market Risk, Value Investing Risk, Foreign Securities Risk (fluctuation of currency, different financial standards, and political instability), Geographic Concentration Risk, Currency Hedging Risk, Large Capitalization Companies Risk, Liquidity Risk, and Tax Law Change Risk.
Risks associated with investing in FMIFX are: Stock Market Risk, Value Investing Risk, Foreign Securities Risk (fluctuation of currency, different financial standards, and political instability), Geographic Concentration Risk, Large Capitalization Companies Risk, Liquidity Risk, and Tax Law Change Risk.
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