Chesapeake Mutual Funds

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The Chesapeake Growth Fund

The Chesapeake Growth Fund seeks capital appreciation by investing primarily in equity securities of the largest 1,000 companies, based on market capitalization listed in the United States

Sector Weights

As of 3/31/17

Portfolio Characteristics

As of 3/31/17

   
Number of Positions 36
Median Market Capitalization (in bil) $51.8
Earnings Growth 2017 19%

Sources: Baseline Financial Services, Inc. March 31, 2017

Performance Summary

Annualized Performance

As of 3/31/17

  1 Year 5 Year 10 Year
The Chesapeake Growth Fund (CHCGX) 15.49% 10.72% 4.13%

Expense Ratio1: 2.12%


1 The Total Annual Fund Operating Expenses have been estimated based on a Reorganization of the Chesapeake Growth Fund into the Chesapeake Core Growth Fund (now named the Chesapeake Growth Fund) which occurred on June 29, 2016.

 

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, 2017. 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. View performance data current to the Fund’s most recent month end.

During part of the period cited the Adviser assumed certain expenses and/or waived a portion of its fee. Total return would have been lower absent such assumptions or fee waivers. The Adviser may have the ability to recoup certain of the waived fees and assumed expenses in the future.

The Fund is subject to investment risks, including, without limitation, equity securities risk, market risk, internal change risk, capitalization risk, investment adviser risk, and overweighting in certain market sectors risk. As an investor in the Fund, you are subject to the risk that you may lose your money as a result of the impact of the Fund’s investment risk on the Fund’s net asset value per share. When you sell your investment in the Fund, the value of your investment may be more or less than your initial investment.

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. View a free prospectus and summary prospectus, which contains detailed information, including fees and expenses, and the risks associated with investing in these funds. The prospectus and summary prospectus can also be obtained by calling the fund directly at (800) 430-3863, or the Fund’s Adviser at (610) 558-2800. The prospectus and summary prospectus should be read 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:
AL, CA, CO, DE, FL, GA, IL, IN, KY, MA, MD, MN, MS, NC, NY, OH, PA, SC, TN, TX, VA, WA, WI, WV

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Underwriter and Distributor: Ultimus Fund Distributors, LLC
225 Pictoria Drive, Suite 450, Cincinnati, OH 45246
Phone: (800) 430-3863