While each fund has specific objectives, they all share a single goal— to maximize their individual position on the efficient frontier.
API Growth Fund
The Growth Fund seeks long-term capital appreciation.
The fund invests in what API considers the most compelling domestic, international and emerging market growth companies, regardless of market capitalization or sector. We focus on finding companies with strong balance sheets, earnings and management teams that consistently grow at a faster-than-average pace. We also seek out companies in attractive industries located in countries with growing GDP and a stable political environment.
The fund is generally appropriate for investors who place a priority on growing capital.GROWTH FUND
"The Fund invests globally in securities that have shown their propensity for growth and have established high returns on capital with strong revenue growth. We focus on finding investments in all segments of the world that enhance the portfolio and fulfill our principle of buying the best when the markets provide opportunity."
David D. Basten
Small- Cap and Mid- Cap investing involve greater risk not associated with investing in more established companies, such as greater price volatility, business risk, less liquidity and increased competitive threat.
Investments in international markets present special risks including currency fluctuation, the potential for diplomatic and political instability, regulatory and liquidity risks, foreign taxation and differences in auditing and other financial standards. Risks of foreign investing are generally intensified for investments in emerging markets.