Performance

Comparative Performance Monthly

As of October 31, 2018
Fund/Index MTD YTD 1 Year 3 Year Since 9/1/13 5 Years 10 Years
FPA Paramount Fund, Inc. -6.03 % -2.39 % 0.96 % 9.85 % 6.22 % 5.37 % 11.26 %
MSCI ACWI -7.49 % -3.96 % -0.52 % 7.74 % 7.80 % 6.15 % 9.75 %
Periods over one year annualized. Performance is provided net of fees.
The Fund transitioned to its current investment strategy on September 1, 2013. Performance prior to that date reflects performance of the prior portfolio management team and investment strategy. Performance prior to September 1, 2013 is not indicative of performance for any subsequent periods.
Expense ratio calculated as of most recent prospectus is 1.29%.
Past performance is not indicative of future performance.  The MSCI World Index consists of the following 24 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks it represents. The performance of the Fund and of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index.

Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. Current month-end performance data may be obtained by calling toll-free, 1-800-982-4372.

Comparative Performance Quarterly

As of September 30, 2018
Fund/Index QTR YTD 1 Year 3 Year Since 9/1/13 5 Years 10 Years Expense Ratio1
FPA Paramount Fund, Inc. 3.22 % 3.87 % 8.65 % 15.08 % 7.64 % 6.96 % 9.25 % 1.29 %
MSCI ACWI 4.28 % 3.83 % 9.77 % 13.40 % 9.60 % 8.67 % 8.19 %
Periods over one year annualized. Performance is provided net of fees.
The Fund transitioned to its current investment strategy on September 1, 2013. Performance prior to that date reflects performance of the prior portfolio management team and investment strategy. Performance prior to September 1, 2013 is not indicative of performance for any subsequent periods.
1Expense Ratio is calculated as of the date of the most recent prospectus.
The MSCI World Index consists of the following 24 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks it represents. The performance of the Fund and of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index.

Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. Current month-end performance data may be obtained by calling toll-free, 1-800-982-4372.

Historical Annual Returns

FPA Paramount Fund, Inc.* MSCI ACWI
2017 27.23 % 23.97 %
2016 11.30 % 7.86 %
2015 -4.57 % -2.36 %
2014 -5.31 % 4.16 %
2013** 9.36 % 12.86 %
**Inception September 1, 2013
Performance is provided net of fees.
The MSCI World Index consists of the following 24 developed market country indices: Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Greece, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Portugal, Singapore, Spain, Sweden, Switzerland, the United Kingdom, and the United States. These indices do not reflect any commissions or fees which would be incurred by an investor purchasing the stocks it represents. The performance of the Fund and of the Indices is computed on a total return basis which includes reinvestment of all distributions.  It is not possible to invest in an index.

* Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Performance has been calculated on a total return basis, which combines principal and dividend income changes for the periods shown. Principal changes are based on the difference between the beginning and closing net asset values for the period and assume reinvestment of all dividends and distributions paid. All applicable expenses such as advisory fees have been included in calculating performance. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. Current month-end performance data may be obtained at http://www.fpafunds.com/paramount or by calling toll-free, 1-800-982-4372.
You should consider the Fund’s investment objectives, risks, and charges and expenses carefully before you invest. The Prospectus details the Fund's objective and policies and other matters of interest to the prospective investor. Please read this Prospectus carefully before investing. The Prospectus may be obtained at http://www.fpafunds.com or by email at info@fpafunds.com, toll-free by calling 1-800-982-4372 or by contacting the Fund in writing.
As of October 31, 2018
1 Year
Before Tax 0.96 %
After Tax on Distribution* 0.97 %
After Tax on Distribution and Sale of Fund Shares* 0.73 %
* After-tax returns are calculated net of fees, using the historical highest individual federal marginal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend upon an investor's tax situation and may differ from those shown. After-tax returns presented here are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or IRAs. Performance has been calculated on a total return basis, which combines principal and dividend income changes for the periods shown. Principal changes are based on the difference between the beginning and closing net asset values for the period and assume reinvestment of all dividends and distributions paid. Total return calculations are based on a $10,000 investment. This data represents past performance and investors should understand that investment returns and principal values fluctuate, so that when you redeem your investment it may be worth more or less than its original cost. The Prospectus details the Fund"s objective and policies and other matters of interest to the prospective investor. Please read this Prospectus carefully before investing.