Fund holdings are subject to change at any time and should not be considered a recommendation to buy or sell any security. Current and future holdings are subject to risk.

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

Click here for holdings for the Plumb Equity Fund.

Click here for holdings for the Plumb Balance Fund.

Past performance does not guarantee future results. Index performance is not illustrative of fund performance. Click here for Plumb Balanced standardized performance and here for Plumb Equity.

The Shanghai index, also known as the Shanghai Stock Exchange Composite Index, this index measures the value of all stocks (A-shares and B-shares) traded on the Shanghai Stock Exchange. The Shanghai Stock Exchange (SSE) is the largest stock exchange in mainland China. It is a nonprofit organization run by the China Securities Regulatory Commission (CSRC). Stocks, funds, bonds, and derivatives are all traded on the exchange.

The Nasdaq Composite Index is the market capitalization-weighted index of over 2,500 common equities listed on the Nasdaq stock exchange. The Nasdaq stock exchange is an American stock exchanges based in New York City. It is ranked second on list of stock exchanges by market capitalization of shares traded, behind the New York Stock Exchange.

The EAFE Index is a stock index offered by MSCI that covers non-U.S. and Canadian equity markets. It serves as a performance benchmark for the major international equity markets as represented by 21 major MSCI indices from Europe, Australasia, and the Middle East.

The Standard and Poor’s 500, or simply the S&P 500, is a stock market index tracking the performance of 500 large companies listed on stock exchanges in the United States. It is one of the most commonly followed equity indices.

The Russell 2000 Index is a small-cap stock market index of the smallest 2,000 stocks in the Russell 3000 Index. It was started by the Frank Russell Company in 1984. The index is maintained by FTSE Russell, a subsidiary of the London Stock Exchange Group.

Indexes are unmanaged and it is not possible to invest directly in an index.

In finance, “FAANG” is an acronym that refers to the stocks of five prominent American technology companies: Facebook, Amazon, Apple, Netflix; and Alphabet (GOOG) (formerly known as Google).

The Fourth Industrial Revolution is the ongoing automation of traditional manufacturing and industrial practices, using modern smart technology.

Earnings growth is not representative of the fund’s future performance.