Grail American Beacon Large Cap Value ETF
| Performance as of 6/30/2010 | |||||
|---|---|---|---|---|---|
| 1 Month | 3 Month | YTD | 1 Yr | Since Inception1 | |
| Total Returns (Net Asset Value) | -5.08% | -10.91% | -4.21% | 17.57% | 23.64% |
| Total Returns (Market Price) | -5.06% | -10.94% | -4.31% | 19.19% | 23.58% |
1Fund Inception Date 05/04/2009
The performance data quoted above represents past performance. Past performance is not a guarantee of future results. Investment return and value of the Fund shares will fluctuate so that an investor’s shares, when sold, may be worth more or less than their original cost. Performance may be lower or higher than performance data quoted. Shares are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Total Returns are calculated using the daily 4:00pm net asset value (NAV). Market price returns reflect the closing trade price on the exchange where Fund shares are listed. Market price returns do not represent the returns you would receive if you traded shares at other times.
The Manager has contractually agreed to reduce its fees and/or reimburse ETF expenses (excluding interest, taxes, brokerage commissions, Acquired Fund Fees and Expenses, and extraordinary expenses) in order to limit Net Annual Operating Expenses for shares of the ETF to 0.79% of the ETF’s average net assets (“Expense Cap”). The Expense Cap will remain in effect until at least April 30, 2010. The Manager may recoup fees reduced or expenses reimbursed at any time within three years from the year such expenses were incurred, so long as the repayment does not cause the Expense Cap to be exceeded.