The Funds

As of 10/30/2020

  • Small Cap Value Fund Investor Class

    WSCVX

  • Small Cap Value Fund Institutional Class

    WFICX

  • Focused Small Cap Value Fund Institutional Class

    WSVIX

    • WSCVX
    • NAV $16.18
    • Gross Expense Ratio 1.27%
    • Net Expense Ratio 1.22%
    • CUSIP 933310104
    • Fund Documents
    • WFICX
    • NAV $16.24
    • Gross Expense Ratio 1.27%
    • Net Expense Ratio 0.99%
    • CUSIP 933310500
    • Fund Documents
    • WSVIX
    • NAV $9.85
    • Gross Expense Ratio 1.05%
    • Net Expense Ratio 0.85%
    • CUSIP 933310203
    • Fund Documents

*Effective 10/15/2020, the name of the Walthausen Select Value Fund has changed to the Walthausen Focused Small Cap Value Fund. The Fund continues to have one class (Institutional) with the same ticker symbol, WSVIX. In addition, there has been a reduction in the expenses of the Fund. Information on the changes can be found in the new prospectus. Note, there has been no change to the investment objective and the Adviser continues to manage the Fund in the same manner.

**Investors should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. You may obtain a prospectus on this website or by calling the transfer agent at 1-888-925-8428. The prospectus should be read carefully before investing. Distributed by Rafferty Capital Markets, LLC