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How $10,000 Invested in the Greenspring Fund on 7/1/83

Would Have Grown

Performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's share, when redeemed, may be worth more or less than their original cost. Performance current to the most recent quarter-end may be lower or higher than the performance quoted and may be obtained by clicking here.  Performance data shown does not reflect the 2% redemption fee imposed on shares held 60 days or less. If it did, the total returns would be reduced.

Figures include changes in principal value, reinvested dividends and capital gains distributions. Past expense limitations increased the Fund’s return. This chart illustrates the performance of a hypothetical $10,000 investment made in the Fund since inception through December 31, 2011. The total value of $143,782 assumes the reinvestment of dividends and capital gains, but does not reflect the effect of any redemption fees. This chart does not imply any future performance.
 
Average annual returns for more than one year assume a compounded rate of return and are not the Fund’s year-by-year results, which fluctuated over the periods shown. Returns do not reflect taxes that shareholders may pay on Fund distributions or redemptions of Fund shares. Consider the investment objectives, risk, and charges and expenses of the Fund carefully before investing. The Fund's Prospectus, which may be obtained via the link at the bottom of this page, contains this and other information about the Fund. Please read the Fund's Prospectus carefully before investing, and call 1-800-366-3863 toll-free for more information.

We strive for positive absolute returns in all market environments.
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