Basis Point: Is a value equaling one one-hundredth of a percent (1/100 of 1%).
Brent Crude Spot Price: The current market price for immediate delivery of Brent crude oil sourced from the North Sea. It reflects real-time supply and demand conditions in the physical oil market, as opposed to futures prices for delivery at a later date.
Discounted Cash Flow (DCF): A valuation method used to estimate the value of an investment by projecting its future cash flows and discounting them back to present value using a required rate of return (discount rate).
Dynamic Random Access Memory (DRAM) Spot Price: The current market price for immediate (or near-term) purchase and delivery of DRAM chips, as opposed to contract prices negotiated in longer-term supply agreements. Spot prices are typically more volatile and reflect real-time supply and demand conditions in the memory market.
Earnings Growth: The annual rate of growth of earnings typically measured as Earnings Per Share Growth.
Federal Open Market Committee (FOMC): The policymaking body of the U.S. Federal Reserve responsible for setting short-term interest rates and guiding monetary policy to achieve its dual mandate of maximum employment and stable prices.
Free Cash Flow: Equal to the cash from operations of a company less capital expenditures.
Margin of Safety: A value investing tenet that provides a buffer against unpredictable loss by encouraging investors to purchase securities only when they trade below intrinsic value by a sufficient margin.
Return on Equity (ROE): Is equal to a company’s after-tax earnings (excluding non-recurring items) divided by its average stockholder equity for the year.
Click here for a current Fund prospectus.
The Fund is non-diversified, meaning it may concentrate its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund.
Mutual fund investing involves risk. Principal loss is possible. The prices of growth stocks may be sensitive to changes in current or expected earnings, may experience larger price swings and may be out of favor with investors at different periods of time.
Click here for Jensen Quality Growth Fund performance, including the 5-year upside/downside capture. Performance data quoted represents past performance; past performance does not guarantee future results. The 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 of the Fund may be lower or higher than the performance quoted. All returns include the reinvestment of dividends and capital gains. To obtain updated performance information that is current as of the most recent month end, please call 1-800-992-4144 or visit www.jenseninvestment.com.
The Jensen Quality Growth Fund is distributed by Quasar Distributors, LLC