All performance presented reflects past performance. Past performance is no guarantee of future results. Investment returns and principal will fluctuate so that investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than performance quoted. For performance data current to the most recent month end, contact Regan Investments directly. As disclosed in our disclosure statement, the risks of investing with Regan Investments may include, but are not limited to, interest rate risk, market risk, short sale risk, small/medium capitalization risk, high portfolio turnover risk, credit risk, currency risk, foreign securities risk, emerging markets risk, and quantitative investment approach risk. Please read our full disclosure document carefully before you invest.