FUND FACTS SUMMARY STATISTICSPricePerShare $1,157.83
Assets $165.17million
MinimumInvestment $100,000
Liquid/Dealing Daily
InvestmentManagementFee-ClassA 0.70%
InceptionDate May1,2015
Fund Index1
PricetoEarningsRatio 19.59 23.08
PricetoBookRatio 2.05 2.59
Beta 1.20 1.00
FreeCashFlowYield 6.96% 4.20%
DividendYield 2.14% 1.97%
PERFORMANCE 2
SECTOR ALLOCATION TOP 10 HOLDINGSFund3 Index1,3
Cash&Futures 5.3% 0.4%
ConsumerDiscretionary 12.1% 11.9%
ConsumerStaples 8.1% 7.7%
Energy 4.9% 6.0%
Financials 18.7% 22.4%
HealthCare 15.4% 12.6%
Industrials 14.5% 10.6%
InformationTechnology 19.4% 19.6%
Materials 0.0% 3.1%
Telecom&Utilities 1.5% 5.7%
Total 100.0% 100.0%
SecurityName Fund3
PERFORMALIQUIDASSETSFUND(USD)-CLASSA 3.0%
VERIFONESYSTEMSORD 2.4%
BANKOFAMERICAORD 2.3%
CVSHEALTHORD 2.3%
CISCOSYSTEMSORD 2.1%
PFIZERORD 2.0%
AERCAPHOLDINGSORD 2.0%
ABBVIEORD 1.9%
ORACLEORD 1.9%
WALTDISNEYORD 1.9%
Total 21.8%1TheabovereferencedindexisastrategyweightedblendoftheSPDRS&P500ETF®andtheiSharesRussell2000Value®Index.2Duringtheinitialinvestmentperiod,May1through May 4, 2015, the benchmark for the Performa Equity Fund is comprised of 100% cash, as represented by the BofA Merrill Lynch 0-3 Month U.S. Treasury Bill Index. Effective May 5, 2015, the U.S. Equity Blended Broad Market Index is comprised of the daily dollar weighted allocation to the stated benchmark for each sub-strategy. The benchmark for the U.S. Core Equity Strategy is the S&P 500® Total Return Index. The Index for the Small Cap Equity Strategy was the Russell 2000® Index from May 5, 2015 through August 31, 2016, and the Russell 2000 Value® Index thereafter. Periods of 1 or more years have been annualized. Gross & net returns include the deduction of trading expenses and reinvestment of income and dividends. Gross returns do not re lect the deduction of investment management, administrative fees or other fund expenses. Net returns are reduced by sub-advisor investment management fees, administrative fees and other fund expenses.3 May not sum due to rounding.
ThisFactSheetdoesnotconstituteanofferorsolicitationtoinvestinthisFund.Subscriptionsareonlyvalidifmadeonthebasisofthecurrentprospectusorofferingmemorandum oftheFund.Pastperformanceisnotnecessarilyindicativeoffutureperformance.Additionally,thereisthepossibilityforlossaswellasproitwheninvestinginthisFund.Shareprices luctuateandarenotguaranteed.Whilewehaveendeavoredtoensuretheaccuracyoftheinformationherein,suchinformationisnotguaranteedastoaccuracyorcompleteness.P.R.P. Performa Ltd. is licensed to conduct investment business by the Bermuda Monetary Authority. The information provided herein represents the Performa Equity Fund, aBermuda-registeredmutualfund.PerformacanprovidealternativeinvestmentoptionsthatwouldallowUSinvestorstoaccessastrategythatissimilartotheFundpresentedabove.
www.PerformaLtd.com
STRATEGY: U.S. CORE AND SMALL CAP VALUETheFundseekstooutperformthebroadU.S.equitymarketovermarketcyclesusingamulti-manager,activemanagementapproach.TheFundcurrentlyemploystwostrategies:avaluetiltedU.S.CoreLargeCapEquity(USCore)mandatemanagedbyBlueGraniteCapitalandaSmallCapValuestrategymanagedbyPzenaInvestmentManagement (SmallCap).TheFundmayaddadditionalmanagersandU.S. focusedequitystrategies in the future.TheFund'sbenchmark isablended,weightedcombinationofeachsub-advisoryportfolio'sindex.Currently,theUSCoresub-strategyismeasuredagainsttheS&P500®IndexandtheSmallCapsub-strategyismeasuredagainsttheRussell2000®ValueIndex.PerformaLimited(US),LLCactsasthemanageroftheFund.BlueGranitetheSmallCapCapital(awhollyownedsubsidiaryofPerformaLimited(US),LLC)andPzenaInvestmentManagementactastheFund'ssub-advisors.
Performa Equity Fund - Class A (USD)As of June 30, 2017
