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EP Asia Small Companies Fund (EPASX) dominates the Pacific Region Category in 2012

January 31, 2013

(Westport, CT) – January 24, 2013 -- Euro Pacific Asset Management’s Asia Small Companies Fund (symbol: EPASX) rose 42.99% between January 1, 2012 and December 31, 2012 which earned the Fund a #1 ranking in the Asia Pacific Region category in both independent ranking companies, Morningstar and Lipper (December 31, 2012).  Since inception (December 1, 2010), the fund returned +14.65% which compares positively to the benchmark return of the MSCI All Country Asia Ex-Japan Small Cap Index* of -5.99%. 

According to Lipper**, the EPASX achieved the best results of 51 funds in the Asia Pacific Region category, from the time period of January 1, 2012-December 31, 2012.  This ranking is based upon Total Return at NAV (not including taxes fees and maximum sales charges) and was published in the Wall Street Journal on January 4, 2013.  Similarly, Morningstar*** listed the EPASX as the #1 performer in its 102 fund Pacific Region category, over the same calendar year time period.

The fund’s investment objective is long term capital appreciation by investing at least 80% of its net assets in equity securities of small capitalization companies (below $3 billion in market capitalization) located in Asian countries such as China, Hong Kong, India, Indonesia, Malaysia, Singapore, South Korea, Taiwan, Thailand and Vietnam. As of December 31, the weightings of the 57 positions in the fund reflected a preference for Southeast Asia with top allocations going to Thailand, 20.5%, Indonesia, 17.7%, The Philippines, 13.9% and Malaysia 11.2%. 

Russell Hoss is the Portfolio Manager of EP Asia Small Companies Fund, and President of New Sheridan Advisors Inc., sub-advisor for a number of EPAM Mutual Funds.  EPAM Funds are owned by globally known economist and author Peter Schiff.

“Our performance was largely driven by two important ongoing trends within South East Asian economies,” said Russell Hoss.  “First, low unemployment and strong wage growth in many of the countries we target are supporting domestic consumption.  Second, after years of underinvestment, governments are accelerating investment spending on infrastructure, which is creating conditions for continued economic growth.  Further, a reacceleration of economic growth in India and China could provide further support to the smaller economies in the region.”

“With unprecedented fiscal imbalances, low rates of savings, poor demographics, and overly regulatory governments weighing on the market performance of developed Western economies, American investors who seek long term capital appreciation should consider harnessing the much higher real growth rates that are available overseas,” said Peter Schiff. “We believe that the EP Asia Small Companies Fund offers a way to benefit from these strong global trends.”  

* Investors cannot invest in the MSCI All Country Asia Ex-Japan Small Cap Index .

*The Fund’s gross expense ratio is 2.34%. The fund’s performance since inception on December 1, 2010 is 14.65%, cumulative, and 6.78% annualized. The fund’s performance for 1 year is 42.99%. The performance data quoted here represents past performance. Past performance does not guarantee future results. The investment return and principal will fluctuate, so that shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. Investors may obtain performance information current to the most recent month-end, within 7 business days, by calling +1 (888) 949-9940. A redemption fee of 2.00% may be imposed on redemptions of shares you have owned for 30 days or less. Please see the prospectus for more information. The performance data reflects payment of the 4.50% maximum sales charge at the beginning of the stated periods.The recent growth rate in the markets has helped to produce short-term returns that are not typical and may not continue in the future.  Short-term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns. Because of on-going market volatility, Fund performance may be subject to substantial short-term changes.

The performance data reflects payment of the 4.50% maximum sales charge at the beginning of the stated periods.The recent growth rate in the markets has helped to produce short-term returns that are not typical and may not continue in the future.  Short-term performance, in particular, is not a good indication of the Fund’s future performance, and an investment should not be made based solely on returns.  Because of on-going market volatility, Fund performance may be subject to substantial short-term changes.

**Lipper ratings for Total Return reflect funds’ historical total return performance relative to peers as of 12/31/2012. The ratings are subject to change every month and are based on an equal‐weighted average of percentile ranks for the Total Return metrics over three‐, five‐, and ten‐year periods (if applicable). The highest 20% of funds in each peer group are named Lipper Leaders, the next 20% receive a score of 4, the middle 20% are scored 3, the next 20% are scored 2, and the Lowest 20% are scored 1. EPASX was rated among 51 Asia Pacific Region funds. The designation of Lipper Leader does not imply the best performance in a particular category. Lipper ratings are not intended to predict future results, and Lipper does not guarantee the accuracy of this information. More information is available at www.lipperleaders.com.

Lipper Leader Copyright 2013, Reuters, All Rights Reserved.

***EPASX was rated against the following numbers of U.S.‐domiciled Asia Pacific Region funds over the following time periods:  34 funds in the last three years, 29 funds in the last five years, and 20 funds in the last ten years. With respect the these Asia Pacific Region funds, EPASX has not received a Morningstar Rating for the three‐, five‐, and ten‐year periods, respectively., as the fund was launched on December 1, 2010. Past performance is no guarantee of future results.

© 12/31/2012 Morningstar, Inc. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future results.

You should consider the funds' investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus, each of which contains this and other information about the funds, call 1-888-558-5851 or visit www.europacificfunds.com. Please read the prospectus or summary prospectus carefully before investing or sending money.

Carefully consider the risks and special considerations associated with investing in the fund. You may lose money by investing in the fund. Small-cap stocks are subject to substantial risks such as market, business, size volatility, management experience, product diversification, financial resource, competitive strength, liquidity, and potential to fall out of favor that may cause their prices to fluctuate over time, sometimes rapidly and unpredictably. Foreign investments also present risks due to currency fluctuations, economic and political factors, lower liquidity, government regulations, differences in securities regulations and accounting standards, possible changes in taxation, limited public information and other factors. The risks are magnified in countries with emerging markets, since these countries may have relatively unstable governments and less established markets and economies. More information about these risks and others can be found in the fund’s prospectus.

EP Asia Small Companies Fund is distributed by IMST Distribution Services, LLC.