How We Invest

At Gratio, we believe in value investing. While other strategies have come and gone, value investing has stood the test of time.

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Fund Performance

For the latest Fund performance, please go to Fund Info:

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Morningstar Rating

5 out of 5 stars.

Morningstar has awarded a 5 Star Rating to Gratio Values Fund (GRVLX) for the three year period ending March 31, 2011. This ranking was based on the Risk-Adjusted performance of 400 funds in the Mid-Cap Value category.

Morningstar Proprietary Ratings reflect risk-adjusted performance through March 31, 2011. Their ratings are subject to change every month. Morningstar ratings are calculated from the funds’ 3, 5, and 10-year returns (as applicable), with fee adjustments in excess of 90-day Treasury bill returns, and a risk factor that reflects fund performance below 90-day T-Bill returns. The top 10% of the funds in a rating universe receive 5-stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars and the bottom 10% receive 1 star. . 2011 Morningstar, Inc. All Rights Reserved. The information contained herein is proprietary to Morningstar and/or its content providers; may not be copied or distributed; and is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content provider are responsible for any damages or losses arising from any use of this information.

Mutual Funds involve risk including possible loss of principal. Investments in underlying funds that own small and mid-capitalization companies may be more vulnerable than larger, more established organizations. Non-diversification risk, as the Funds are more vulnerable to events affecting a single issuer. The Fund will adhere to its formula for selecting securities, despite any adverse developments that may arise as a result of using that formula.

Investors should carefully consider the investment objectives, risks, charges and expenses of the Gratio Values Fund. This and other important information about the Fund is contained in the prospectus, which can be obtained by calling 877-25-GRATIO. The prospectus should be read carefully before investing. The Gratio Values Fund is distributed by Northern Lights Distributors, LLC member FINRA. Gratio Capital is not affiliated with Northern Lights Distributors, LLC.