For complete standardized performance and performance data current to the most recent month please click HERE.

Disclosures:

Performance data quoted represents past performance; past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance of the fund may be lower or higher than the performance quoted.

Mutual fund investing involves risk; principal loss is possible.  Investments in smaller companies involve additional risks such as limited liquidity and greater volatility.  Investments in debt securities typically decrease in value when interest rates rise.  This risk is usually greater for longer-term debt securities.

Opinions expressed are those of the author or Villere & Co., and are subject to change, are not intended to be a forecast of future events, a guarantee of future results, nor investment advice.

References to other mutual funds should not be interpreted as an offer of these securities.

Please click here for the fund's current holdings. Fund holdings and sector allocations are subject to change and should not be considered a recommendation to buy or sell any security.

While the fund is no-load, management fees and other expenses still apply.  Please refer to the prospectus for further details.

Definitions:

The Lipper Balanced Index is an equally weighted performance index of the largest qualifying funds in the Lipper Category.  The indices are unmanaged and returns include reinvested dividends.  The S&P 500 is an unmanaged index which is widely regarded as the stnadard for measuring large-cap U.S. stock market performance.  One cannot invest directly in an index.

 For each fund with at least a three –year history, Morningstar calculates a Morningstar Rating TM (based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a fund’s monthly performance, including the effects of sales charges, loads, and redemption fees), placing more emphasis on downward variations and rewarding consistent performance.  The top 10% of funds in each category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next  22.5% receive 2 stars and the bottom 10% receive 1 star.  (Each share class is counted as a fraction of one fund within this scale and rated separately, which may cause slight variations in the distribution percentages.)  The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its three-, five- and ten-year (if applicable) Morningstar Rating metrics.  The Villere Balanced Fund was rated against the following numbers of U.S. domiciled moderate allocation funds over the following time periods: 963 funds in the last three years, and 807 funds in the last five years, and 436 in the last ten years.  With respect to these moderate allocation funds, the Villere Balanced Fund received a Morningstar Rating of  2 stars.  2 stars for the three-year period,  1 star for the five-year periods, and 3 stars for the 10 year period.  Past performance is not guarantee of future results.

Shares of the Villere Balanced Fund are currently offered only in the United States and are not registered for sale in any jurisdiction other than the United States.  This is not an offer to sell or a solicitation to buy in any jurisdiction in which such offer, solicitation, purchase, or sale would be unlawful.

© 2009 Morningstar, Inc.  All Rights Reserved.  The information containted herein:  (1) is proprietary to Morningstar; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely.  Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. 

News New Orleans CityBusiness Focuses on Villere & Co. MarketWatch Chronicles "The Stockpickers" Investment Advisor Profiles "Native Sons" Smart Money Highlights Villere Balanced Fund Three Star Overall Morningstar Rating® for the Villere Balanced Fund   New Orleans CityBusiness Focuses on Villere & Co. In its September 4, 2006 issue, CityBusiness devoted its "Industry Insider" feature to Villere & Co., and its focus on "undervalued stocks with potential for growth that maybe Wall Street hasn't figured out yet." Those are the words of firm partner Sandy Villere III, who continues, "Being in New Orleans allows you not to get caught up in the hype or noise of Wall Street." The story recounts the firm's experience after Hurricane Katrina. Click here to read more. MarketWatch Chronicles "The Stockpickers" On October 16, 2006 MarketWatch, a Dow Jones-owned news network, wrote, "The Villere Balanced Fund isn't like other balanced mutual funds. While many blended funds tend to focus on large-cap stocks along with their bond holdings, Villere's managers seek small-cap stocks that are out of favor on Wall Street." The story outlines Villere & Co.'s search for undervalued growth potential, illustrating the firm's approach through an examination of the reasons behind three of Villere's recent stock picks. Click here to read more. Investment Advisor Profiles "Native Sons" The September 2006 issue of Investment Advisor followed the Villere & Co. saga through four generations to document the firm's long-term, tax-conscious approach to investing for high-net-worth individuals and investors in its independent no-load mutual fund. "We're doing a lot of homework on these companies before we invest in them," says partner Sandy Villere III , "and we stick with them as management continues to deliver on what they said they'd do." The article also explores the Villere & Co. response to Hurricane Katrina. To download a PDF of the article, click here. Smart Money Highlights Villere Balanced Fund The July 2006 edition of Smart Money includes the Villere Balanced Fund in its survey of five "far-flung managers you might want to consider." The article offers a glimpse into the fund's strategy. "Villere managers have goosed returns by buying big positions in small, obscure companies with growth potential. They also do their own homework-lots of it." Scroll down below the average annuals return information to download a PDF of the story To download a PDF of the article, please click here. Two Star Overall Morningstar Rating® for the Villere Balanced Fund The Villere Balanced Fund. Derived from a weighted average of performance figures associated with the fund's three and five year periods; rated among 963 Moderate Allocation Funds for the period ending June 30, 2010.   NEW ORLEANS - The Villere Balanced Fund was rated Three stars by Morningstar as of June 30, 2010. http://www.morningstar.com (Enter VILLX in quotes/reports for more information on the fund) St. Denis Villere & Co. manages 1.1 billion dollars in assets, including about $56 million in the Villere Balanced Fund. At Villere & Co. the quarry remains unrecognized value, particularly in small and mid-cap stocks. These are investments the managers call "diamonds in the rough." The Villere Balanced Fund focuses on long-term capital growth, consistent with preservation of capital and balanced by current income. The fund, which invests primarily in a mix of equity securities and fixed income obligations, is suited for asset diversification, estate planning, or gift-giving. It has no sales charges or redemption fees, and can be purchased with a minimum investment of $2,000. The minimum for investment advisory services is $1,000,000. The firm was founded in 1911. The four Villere & Co. managers are a family, brothers, nephews, and sons who base their investment style on tradition, experience and a focus on doing their homework. The Villere Balanced Fund is the first independent no-load mutual fund in New Orleans. National outlets including www.thestreet.com and CBS.Marketwatch.com are taking note of a small fund with such an outstanding track record, because it's a great story. Back to top