Insight

[vc_row css=”.vc_custom_1607513057492{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513057492{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Q1 20 LETTER TO SHAREHOLDERS” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607580845859{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned -1.31% in Q1 2020 compared to -19.60% for the S&P 500 TR Index. Please see the end of this letter […]

[vc_row css=”.vc_custom_1607513130802{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513130802{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q4 19 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607580837603{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned 1.82% in Q4 2019 compared to 9.07% for the S&P 500 TR Index. Please see the end

[vc_row css=”.vc_custom_1607580786492{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607580786492{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q3 19 Letter to Shareholders” tag=”h2″ bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607580782989{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned 1.26% in Q3 2019 compared to 1.70% for the S&P 500 TR Index. Please see the end of

[vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q2 19 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607522466094{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned -0.25% in Q2 2019 compared to 4.30% for the S&P 500 TR Index.During the second quarter we

[vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q1 19 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607522466094{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned 1.44% in Q1 2019 compared to 13.65% for the S&P 500 TR Index. Please see the end

[vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q4 18 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607522466094{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned (-2.23%) in 2018 compared to (-4.38%) for the S&P 500 TR Index. Worth noting are the December

[vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q3 18 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607522466094{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned 0.72% YTD as of 9/30/18 compared to 10.56% for the S&P 500 TR Index. Worth noting, the

[vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][vc_column_text] Download as PDF [/vc_column_text][/vc_column][/vc_row][vc_row css=”.vc_custom_1607513237752{padding-top: 0px !important;padding-bottom: 0px !important;}”][vc_column][heading text=”Frank Value Fund Q2 18 Letter to Shareholders” tag=”h2″ align=”left” bot=”0px”][/vc_column][/vc_row][vc_row css=”.vc_custom_1607522466094{padding-top: 30px !important;padding-bottom: 30px !important;}”][vc_column][vc_column_text] The Frank Value Fund Investor Class returned -0.08% YTD as of 6/30/18 compared to 2.65% for the S&P 500 TR Index. Please see the

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