The views expressed in these articles, commentaries or recordings are those of the author and/or presenter at the time created and is for informational purposes only. They do not necessarily reflect the views of FPA or the distributor. Future events, results or views may vary significantly from those expressed and are subject to change at any time based on market and other conditions, and FPA and/or the distributor disclaims any responsibility to update such views. No forecasts can be guaranteed, and certain assumptions may prove to be inaccurate. These views may not be relied upon as investment advice or as indication of trading intent on behalf of any FPA portfolio or the distributor and should not be construed as an offer to sell or a solicitation of an offer to buy securities or any product mentioned. FPA shall not be responsible for any trading decisions, damages or other losses from or related to the information, data analysis or opinions or their use. This information and data has been prepared from sources believed reliable. However, the accuracy and completeness of the information cannot be guaranteed and is not a complete summary or statement of all available data. FPA has received certain nominations or awards by third-parties as reflected herein. Investors should review the criteria for each nomination or award as reflected on the third-party’s webpage. You should not construe the contents herein as legal, tax, accounting, or other advice or recommendations.

You should consider the Fund’s investment objectives, risks, fees and expenses before investing. The Prospectus contain this and other important information which should be read carefully before investing. 

March 25, 2020

New York Times Speaks with Steven Romick About How FPA Crescent Fund (FPACX) is Taking Advantage of the Bear Market to Invest with a Long-Term Focus

In this piece by the New York Times, Steven Romick speaks with Jeff Sommer about how FPA Crescent Fund (FPACX) is investing for five to seven years from now, taking a tempered approach to investing while the market is cheaper, and looking to really jump in when they believe things get cheap

Please click here for Standardized Performance for FPA Crescent Fund (“Fund”). Please click here for the principal risks of investing in the Fund. You should consider the Fund’s investment objectives, risks, fees and expenses before investing.

Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown.


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