2011 Distribution
$0.35019 per share dividend
$0 per share short-term or
long-term capital gain
Record date: 12/28/11
Payable date: 12/29/11
Lifetime Achievement Fund (LFTAX)
is a public fund of funds that invests in a broadly diversified mix of U.S. and
foreign equity mutual funds assembled to maximize the total real return of each
shareholder's investment over the long-term.
The Fund also maintains an allocation to gold-mining mutual funds to
protect against inflationary monetary policies and geopolitical instability.
Most investors understand the
importance of globally diversifying the equity portion of their portfolio but
may feel uncomfortable about making specific allocation decisions
themselves. The Fund may serve as the
core equity holding by offering investors broad diversification across equity
asset classes with the ease of investing in a single mutual fund.
The Fund may be appropriate for
you if you have a long-term time horizon with the goal to maintain and increase
the purchasing power of your investment with a diversified portfolio of equity
mutual funds; desire protection against the fall of the dollar by owning a gold
hedge position; and are willing to accept the volatility associated with
domestic and foreign stock market investments.
An investment in the Lifetime
Achievement Fund is subject to certain risks including the risks of investing
in a varied portfolio of other investment companies (e.g., additional costs and
expenses, no control over the portfolio managers of the underlying funds,
etc.), the risks of investing in closed-end mutual funds which typically trade
at a discount to net asset value, and the risks of foreign investing, which
carries a number of economic, financial, and political considerations that are
associated with investing in U.S. markets.
It is important to note that the
principal value of a mutual fund investment will change over time and the
amount received at redemption may be worth more or less than the amount
originally invested.
