The Chesapeake Core Growth Fund
The Chesapeake Core Growth Fund seeks capital appreciation through investments in large capitalization growth equities. The cornerstone of the Fund’s intensive in-house fundamental analysis is constant contact with the management, customers, competitors and suppliers of both current and potential investments.
Sector Weights
As of 3/31/12
Portfolio Characteristics
As of 3/31/12
| Number of Positions | 39 |
| Weighted Median Market Capitalization (in bil) | $34.8 |
| P/E Ratio - 2012 Earnings Estimates | 15x |
Sources: Baseline Financial Services, Inc. March 31, 2012
Performance Summary
Annualized Performance
As of 3/31/12
| 1 Year | 5 Year | 10 Year | |
|---|---|---|---|
| The Chesapeake Core Growth Fund (CHCGX) | 3.33% | -2.08% | 2.37% |
Expense Ratio: 1.58%
During part of the period cited above the adviser assumed certain expenses and/or waived a portion of its fee. Total return would have been lower absent such assumptions and/or fee waivers. The Chesapeake Core Growth Fund’s inception date was September 29, 1997.
The Fund has entered into brokerage/service arrangements with several brokers through commission recapture programs (e.g., a program where a portion of the brokerage commissions paid on portfolio transactions to a broker is returned directly to the Fund). These portions are then used to offset overall Fund expenses. There can be no assurance that these arrangements will continue in the future. For more information, please see the prospectus and summary prospectus.
Performance shown is for the period ended March 31, 2012. The performance data quoted above represents past performance, which is not a guarantee of future results. 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 may be lower or higher than the performance data quoted.
The Chesapeake Funds are distributed by Ultimus Fund Distributors. The investor should consider the investment objectives, risks, charges and expenses carefully before investing. This and other information can be found in the prospectus and summary prospectus. A free prospectus and summary prospectus, which contains detailed information, including fees and expenses, and the risks associated with investing in these funds, can be obtained by calling the fund directly at (800) 430-3863 or the Fund’s Adviser at (610) 558-2800. Read the prospectus and summary prospectus carefully before investing. Mutual Fund investing involves risk, including the possible loss of principal. Past performance is no guarantee of future results.
The Fund is available for sale in the following states:
AK, AL, AR, AZ, CA, CO, CT, DC, DE, FL, GA, HI, IA, ID, IL, IN, KS, KY, LA, MA, MD, ME, MI, MN, MO, MS, MT, NC, ND, NE, NH, NJ, NM, NV, NY, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VA, VT, WA, WI, WV, WY