Please consider the
investment objectives, risks and charges and expenses of the Fund carefully
before investing. The Fund's prospectus contains this and other information
about the Fund. You may obtain a copy of the prospectus by clicking
here or by calling 1-800-686-6884. Please read the prospectus carefully
before investing.
Shares of the Fund are offered through the Fund’s distributor, Ruane,
Cunniff & Goldfarb LLC. Ruane, Cunniff & Goldfarb LLC is an affiliate
of Ruane, Cunniff & Goldfarb Inc. and is a member of FINRA. An investment
in the Fund is not a deposit of a bank and is not insured or guaranteed
by the Federal Deposit Insurance Corporation or any other government agency.
The Fund may be offered only to persons in the United States and by way
of a prospectus. This website should not be considered a solicitation or
offering of any product or service to investors residing outside of the
United States.