Buying Fund Shares Automatically
Whenever you invest on a regular basis, you'll discover your investment dollars quickly add up.* Marsico's Automatic Investment Plan allows you to make systematic investments of as little as $50 per payment. Each payment can be made on a monthly, quarterly, semi-annual or annual basis on the 5th, 10th, 15th, 20th and/or 25th day of a month. To enroll, simply check the appropriate box on your account application.
Exchanging Fund Shares Automatically
You may make automatic monthly exchanges among Marsico Fund accounts, or between any Marsico Fund account and an account in the Marsico Shares of the BofA Cash Reserves Fund, a money market fund offered and managed by affiliates of Bank of America, once you meet the Fund's minimum initial investments. Each transaction requires a minimum payment of $50. To take advantage of the Automatic Exchange Plan, simply check the appropriate box on your account application.
Please note that the BofA Cash Reserves Fund is not managed by Marsico Capital and its shares are not offered by the Marsico Funds prospectus. An exchange of all or part of an investment in a Marsico Fund into the Marsico Shares of the BofA Cash Reserves Fund is a separate investment decision made by a Marsico Fund shareholder. Neither Marsico Capital nor the Marsico Funds make any recommendation to invest in the BofA Cash Reserves Fund. Marsico Fund shareholders should read carefully the separate prospectus for the Marsico Shares of the BofA Cash Reserves Fund, which contains information about the fund’s yield, investment objective, risks, charges and expenses, before making an exchange investment into this fund. Neither the BofA Cash Reserves Fund nor Bank of America is an affiliated person of the Marsico Funds or Marsico Capital. An investment in the BofA Cash Reserves Fund is not a bank deposit, and is not insured or guaranteed by the Marsico Funds, Marsico Capital, Bank of America, the FDIC or any other government agency. It is possible to lose money by investing in a money market fund.
UMB Fund Services, Inc., the Marsico Funds’ transfer agent, receives a service fee from the BofA Cash Reserves Fund at the annual rate of 0.25% of the average daily net assets of the Marsico Shares of the BofA Cash Reserves Fund. This fee is for transfer agent services provided to shareholders of the Marsico shares of the BofA Cash Reserves Fund. UMB Fund Services, Inc. is an affiliate of the Marsico Funds’ distributor.
For more complete information, including management fees, risks and expenses, you may obtain a prospectus for the Marsico Shares of the BofA Cash Reserves Fund here or by calling 888.860.8686. Read it carefully before investing.
Selling Fund Shares Automatically
Our Systematic Withdrawal Plan allows you to automatically redeem your Marsico investment at regular intervals. Please note there is a $100 minimum per transaction. This option is limited to shareholders with a balance of $10,000 or more.
If you've already opened an account or hold accounts with Marsico Funds, please call 888.860.8686 for further information on each option.
*Participating in the Automatic Investment Plan does not guarantee a profit or protect against a loss in a declining market. Since such a program involves continuous investment regardless of fluctuating share values, you should consider your own ability to continue the program through periods of all market cycles.
