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Key Fund Facts:    
  Ticker Inception Date
Intrepid International Fund – Inv. ICMIX 12/30/2014

Portfolio Management:
Ben Franklin, CFA
Vice President
Lead Portfolio Manager

Matt Parker, CPA
Research Analyst

Intrepid International Fund


Investment Objective: The primary investment objective of the Intrepid International Fund is long-term capital appreciation.

Investment Philosophy >>

Investment Strategy >>

Portfolio Construction >>

Risk Control >>

 


Mutual fund investing involves risk. Principal loss is possible.

The Funds' investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company. Please read it carefully before investing. A hard copy of the prospectus can be requested by calling 866-996-FUND (3863).

Intrepid Capital Management Funds are distributed by Quasar Distributors, LLC.

The Fund is subject to special risks including volatility due to investments in smaller companies, which involve additional risks such as limited liquidity and greater volatility. The Fund is considered non-diversified as a result of limiting its holdings to a relatively small number of positions and may be more exposed to individual stock volatility than a diversified fund. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. The risks of owning an ETF generally reflect the risks of owning the underlying securities they are designed to track, although lack of liquidity in an ETF could result in it being more volatile than the underlying portfolio of securities. ADRs may be subject to some of the same risks as direct investment in foreign companies, which includes international trade, currency, political, regulatory and diplomatic risks.

Diversification does not guarantee a profit or protect from loss in a declining market.

Free Cash Flow measures the cash generating capability of a company by subtracting capital expenditures from cash flow from operations.