Mutual Funds

We believe the general market is inefficient at pricing small-cap stocks. Our investment team seeks to identify and capitalize on research gaps overlooked by the broader market.

U.S. Small-Cap Growth Fund

A portfolio of up to 80 – 100 U.S. Small-Cap stocks, benchmarked to the Russell 2000® Growth Index, and available via open-end, Hood River-advised mutual funds and separately managed accounts.

International Opportunity Fund

A portfolio of 50 – 100 International Small-Cap securities (ex-U.S.), benchmarked to the MSCI ACWI ex USA Small Cap® Index, and available via open-end, Hood River-advised mutual funds.

The Funds invest in small-cap securities which present a greater risk of loss than large-cap securities, and in growth companies which can be more sensitive to the company’s earnings and more volatile than the stock market in general. The Funds may also invest in foreign securities which are subject to risks including currency fluctuations, economic and political change and differing accounting standards. The Funds may invest in derivatives and initial public offerings (IPOs), which are highly volatile. Additional risk information may be found in the respective Fund’s prospectus. The Russell 2000® Growth Index, is defined as an unmanaged, capitalization weighted index of those Russell 2000 companies with higher price-to-book ratios and higher forecasted growth values. The MSCI ACWI ex USA Small Cap® Index is defined as an index that captures the small cap securities exhibiting overall growth style characteristics across 22 of 23 developed markets (excluding the US) and 27 emerging markets countries. Index returns include dividends and/or interest income and do not reflect fees or expenses. In addition, unlike the Funds, which periodically maintain a cash position, the Russell 2000® Growth Index and MSCI ACWI ex USA Small Cap® Index are fully invested. Investors cannot directly invest in an index.

Investors should carefully consider the Fund’s investment objective, risks, charges and expenses before investing. For a prospectus, which contains this and other important information about the Fund, please call 800-497-2960. Please read the prospectus carefully before investing or sending money.

Investments involve risk, principal loss is possible.

The Hood River Funds are distributed by Quasar Distributors, LLC. Hood River Capital is the advisor to the Funds.

Hood River Capital Management LLC serves as the advisor to the Fund.