XML 19 R9.htm IDEA: XBRL DOCUMENT v2.3.0.15
Frontegra SAM Global Equity Fund (Prospectus Summary) | Frontegra SAM Global Equity Fund
SUMMARY SECTION
Investment Objective.
The investment objective of the Frontegra SAM Global Equity Fund (the "Fund") is long-term

growth of capital.
Fees and Expenses of the Fund.
This table describes the fees and expenses that you may pay if you buy and hold shares

of the Fund.
Shareholder Fees (fees paid directly from your investment) NONE
Shareholder Fees
Frontegra SAM Global Equity Fund
Institutional Class
Redemption Fee (as a percentage of amount redeemed, if applicable) (a service fee of $15 will be imposed for shares redeemed by wire)2.00%
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Annual Fund Operating Expenses
Frontegra SAM Global Equity Fund
Institutional Class
Management Fees0.80%
Distribution (12b-1) Fees none
Other Expenses1.61%
Total Annual Fund Operating Expenses2.41%
Fee Waiver[1](1.21%)
Total Annual Fund Operating Expenses After Fee Waiver1.20%
[1]Pursuant to an expense cap agreement between Frontegra Asset Management, Inc., the Fund's investment adviser ("Frontegra"), and the Fund, Frontegra has contractually agreed to waive its management fee and/or reimburse the Fund's operating expenses to the extent necessary to ensure that the Fund's total operating expenses (excluding taxes, interest, brokerage commissions, acquired fund fees and expenses ("AFFE") and extraordinary expenses) do not exceed 1.20% of the Fund's average daily net assets. The expense cap agreement will continue in effect until October 31, 2013 with successive renewal terms of one year unless terminated by Frontegra or the Company prior to any such renewal. "Other Expenses" are presented before any waivers or expense reimbursements.
Example.
The following example is intended to help you compare the cost of investing

in the shares of the Fund with the cost of investing in other mutual

funds.  The example assumes that you invest $10,000 in the Fund for the time

periods indicated and then redeem all of your shares at the end of those

periods.  The example also assumes that your investment has a 5% return each

year and that the Fund's operating expenses remain the same.
Although your actual costs may be higher or lower, based on these assumptions your costs would be:
Expense Example (USD $)
Expense Example, With Redemption, 1 Year
Expense Example, With Redemption, 3 Years
Expense Example, With Redemption, 5 Years
Expense Example, With Redemption, 10 Years
Frontegra SAM Global Equity Fund Institutional Class
1225121,0592,554
Portfolio Turnover.
The Fund pays transaction costs, such as commissions, when it buys and sells

securities (or "turns over" its portfolio).  A higher portfolio turnover rate

may indicate higher transaction costs and may result in higher taxes when Fund

shares are held in a taxable account.  These costs, which are not reflected in

annual fund operating expenses or in the example, affect the Fund's performance.

During its most recent fiscal year, the Fund had a portfolio turnover rate of 33%

of the average value of its portfolio.
Principal Investment Strategy.
Under normal circumstances, the Fund invests at least 80% of its net assets

(including any borrowings for investment purposes) in a non-diversified portfolio

of equity and equity-related securities issued by U.S. and non-U.S. companies that

combine their market and financial strategy with a high level of environmental

awareness and a clearly defined social policy ("Sustainable Leaders").  As part

of its principal investment strategy, the Fund may invest in securities of foreign

companies, including emerging markets companies, and companies with medium and small

market capitalizations, including micro-cap stocks.
Principal Investment Risks.
Market Risks.  The Fund's investments are subject to market risk, which may

cause the value of the Fund's investments to decline.  If the value of the

Fund's investments goes down, the share price of the Fund will go down, and you

may lose money.  U.S. and international markets have experienced extreme

volatility, reduced liquidity, credit downgrades, increased likelihood of

default and valuation difficulties in recent years.



Foreign Securities Risks.  The Fund's foreign investments involve additional

risks, including less liquidity, currency-rate fluctuations, political and

economic instability and differences in financial reporting standards and

securities market regulation.



Emerging Markets Risks.  The risks of foreign investments typically are greater

in emerging markets due to factors such as smaller securities markets and lower

trading volumes, less developed legal and accounting structures, substantial

influence by an emerging market country's government over the private sector and

potential high levels of inflation, deflation or currency devaluations.



Non-Diversification Risks.  The Fund is non-diversified, which means it may

invest more of its assets in a smaller number of companies than funds that are

diversified.  Gains or losses on a single stock may have greater impact on the

Fund than for other funds that invest in a greater number of companies.



Sustainability Investment Criteria Risks.  The Fund's sustainability investment

criteria may limit the number of investment opportunities available to the Fund.

The Fund's returns may be less than those funds that are not subject to such

investment considerations.  Companies that promote sustainability goals may not

perform as well as companies that do not pursue such goals.



Currency Risks.  The value of the Fund's foreign securities as measured in U.S.

dollars may be affected unfavorably by changes in foreign currency exchange

rates.  The Fund may also incur costs in connection with conversions between

various currencies.



Small- and Medium-Capitalization Company Risks.  Small-capitalization and

medium-capitalization companies are often more volatile and less liquid than

larger companies.  Securities of these companies may be subject to greater and

more abrupt price fluctuations and be more susceptible to market pressures and

business failures.  The Fund may invest in small-capitalization companies whose

securities may be traded only in the over-the-counter market or on a regional

exchange, and may not trade with the frequency or volume typical of trading on a

national exchange.



Micro-Capitalization Company Risks.  Micro-capitalization companies are

generally even more volatile and less liquid relative to small-capitalization,

medium-capitalization and large capitalization securities.



Management Risks.  The Fund is subject to management risk as an actively-managed

investment portfolio and depends on the decisions of the portfolio managers to

produce the desired results.
Performance.
The Fund is the successor to the SAM Sustainable Global Active Fund (the

"Predecessor Fund") pursuant to a reorganization that was completed on

June 10, 2011.  Prior to this date, the Fund had no investment operations.

Accordingly, the performance and financial information for periods prior to

June 10, 2011 is historical information for the Predecessor Fund.  The Fund has

investment objectives, strategies and policies virtually identical to the

Predecessor Fund, which was advised by Sustainable Asset Management USA, Inc.

("SAM"), the current subadviser to the Fund.



The following performance information provides some indication of the risks

of investing in the Fund.  The bar chart shows the changes in the Fund's

performance before taxes for the past year, while the table compares the average

annual total returns of the Fund to a broad measure of market performance.

Please keep in mind that past performance (before and after taxes) does not

necessarily represent how the Fund will perform in the future.  Updated performance

data will be available on the Company's website at www.frontegra.com or by

calling toll-free to 1-888-825-2100.
Calendar Year Total Returns[1]
Bar Chart
The Fund's return from January 1, 2011 through September 30, 2011 was (16.20)%.



                      Best and Worst Quarterly Performance

                        (during the periods shown above)



                            Best                Worst

                           Quarter             Quarter

                           Return              Return

                           13.44%             (11.55)%

                     (3rd quarter, 2010) (2nd quarter, 2010)
The after-tax returns for the Fund were calculated 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 on an investor's tax

situation and may differ from those shown, and after-tax returns are not

relevant to investors who hold shares of the Fund through tax-deferred

arrangements, such as 401(k) plans or individual retirement accounts.
Average Annual Total Returns (For the periods ended December 31, 2010)[2]
Average Annual Total Returns Frontegra SAM Global Equity Fund
Average Annual Returns, Label
Average Annual Returns, 1 Year
Average Annual Returns, Since Inception
Average Annual Returns, Inception Date
Institutional Class
Return Before Taxes13.52%25.97%Jun. 18, 2009
Institutional Class After Taxes on Distributions
Return After Taxes on Distributions12.41%23.10%Jun. 18, 2009
Institutional Class After Taxes on Distributions and Sales
Return After Taxes on Distributions and Sale of Fund Shares9.57%20.81%Jun. 18, 2009
MSCI World Index
MSCI World Index (reflects no deductions for fees, expense or taxes)11.76%23.47%Jun. 18, 2009
[1]Returns for the 2010 calendar year reflect the performance of the Predecessor Fund.
[2]Fund returns for the period from June 18, 2009 to December 31, 2010 reflect the performance of the Predecessor Fund.