Summary
The Barrett Growth Fund (BGRWX) seeks to achieve long-term capital appreciation and to maximize after-tax returns. Since its founding in 1937, the Fund's investment advisor, Barrett Associates, Inc., has invested client assets in stocks of high-quality, superior growth companies at reasonable prices. The investment advisor performs comprehensive, independent research in order to identify those companies with the following characteristics: superior management, significant insider ownership, high profit margins, strong prospects for growth in unit sales and market share, proven products and sound balance sheets.
As of December 31, 2007, Barrett Growth Fund Assets Under Management: approximately $22 million.
The Barrett Growth Fund was organized to provide investors with a cost-effective alternative to benefit from Barrett Associates' investment philosophy of "Growth at a Reasonable Price," without being required to maintain a large account balance. The Fund seeks to meet shareholder goals by purchasing and holding stocks for the long-term and minimizing turnover, thereby taking advantage of favorable long-term capital gains tax rates.
For fund information and daily pricing, call (877) 363-6333 toll free. The net asset value (NAV) of the Fund may also be found by looking under the ticker symbol BGRWX on a NASDAQ quote system.
Investment Risks
The Fund may invest in foreign securities. Foreign securities involve special risks not ordinarily associated with U.S. securities, such as
currency fluctuations, and changes in political and economic conditions. The Fund may also invest in mid-capitalization companies, which involve
a higher degree of risk and volatility than investments in larger, more established companies. The fund may use derivatives, such as options and
futures, which can be illiquid, may disproportionately increase losses, and have a potenially large impact on fund performance.
For additional information and an application, please contact The Barrett
Funds directly at (877) 363-6333.
Related Resources
- Annual Report to Shareholders
- Semi-Annual Report to Shareholders
- Prospectus
- Statement of Additional Information
For additional information and an application, please contact The Barrett Funds directly at (877) 363-6333.
Investors should consider a fund's investment objectives, risks, charges and expenses carefully before investing. The prospectus contains this and other information about a fund. To obtain a free prospectus, please view the product specific page on this website and click on the prospectus link. An investor should read the prospectus carefully before investing.
All investments involve risk, including possible loss of principal.
INVESTMENT PRODUCTS: NOT FDIC INSURED / NO BANK GUARANTEE / MAY LOSE VALUE
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Legg Mason Investor Services, LLC, and Barrett Associates, Inc., are subsidiaries of Legg Mason,
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