The Tributary Small/Mid Cap Fund utilizes an active management approach in an attempt to capture the inefficiencies of the Small and Mid-Cap asset classes. The Fund, under the management of Mark Wynegar and Don Radtke, adheres to a similar investment philosophy and process as the Tributary Small Company Fund. This philosophy has guided the team as they built an attractive investment track record in the small-cap asset class, utilizing an approach of investing in quality companies, at attractive valuations and with a long-term investment horizon.
Tributary believes that the firm’s fundamental, bottom-up investment process is also capable of generating successful results in the mid-cap asset class. By combining mid-cap stocks with selected holdings from Tributary’s small-cap portfolio, the Small/Mid Strategy was established in December 2016. The strategy, which has been available only in a separate account format, is now being made available in a mutual fund vehicle as well, to increase its accessibility to investors.
The Tributary Small/Mid Cap Fund (Ticker: FSMCX/FSMBX) is available for purchase at Schwab, TD Ameritrade and direct with the Fund via www.tributaryfunds.com.
For more information on the Tributary Small/Mid Cap Fund or Strategy, please email firstname.lastname@example.org.
Tributary Capital Management, LLC, is a wholly-owned subsidiary of First National Bank of Omaha and an SEC Registered Investment Advisor providing asset management services to individuals, institutions and investment companies.
Investments: Are Not FDIC Insured • May Go Down in Value • Are Not a Deposit
Past performance does not guarantee future results.
Before investing, please read the Fund’s prospectus and shareholder reports to learn about its investment strategy and potential risks. Mutual Fund investing involves risk including loss of principal. An investor should also consider the Fund’s investment objective, charges, expenses and risk carefully before investing. This and other information about the Fund is contained in the fund’s prospectus, which can be obtained by calling 800-662-420. Please read the prospectus carefully before investing. Distributed by Northern Lights Distributors, LLC, member FINRA. Northern Lights and the Fund’s Advisor, Tributary Capital Management, are not affiliated.
Common Stock Risk: Companies in which the Fund is invested may not perform as anticipated. Additionally, the value of a Fund investment may increase or decrease more than the stock market in general. A downturn in the stock market may lead to lower market price for a stock even when company fundamentals are strong. A company’s stock may drop as a result of technological, environmental, or regulatory change or as a result of company news or a change in expected earnings.
Small-Cap Stock Risk: Small-cap stocks are generally less liquid than large-cap and mid-cap stocks, and may be more affected by technological, environmental, or regulatory change.