Objective and Strategy
Regions Morgan Keegan Select Mid Cap Growth Fund seeks long-term capital appreciation. The Fund invests primarily in equity securities of mid-capitalization companies (i.e., companies whose market capitalization falls within the range tracked by the Russell Mid Cap Growth Index at the time of purchase).
INVESTMENT RISKS: Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities. Mid capitalization and growth stocks typically carry additional risk, since smaller companies generally have higher risk of failure and growth stocks generally have been more susceptible to market, economic and individual company developments and, in each case historically, these stocks have experienced a greater degree of volatility. The net asset value per share of the Fund will fluctuate as the value of the securities in the portfolio changes.
Fund Facts
Financial Reports
May 31, 2008 Semi-Annual Report
November 30, 2007 Annual Report
Portfolio Holdings
The Fund files its complete schedule of portfolio holdings as of the 1st and 3rd quarters of its fiscal year on Form N-Q with the SEC no more than sixty days after the close of those quarters. The annual and semi-annual reports contain complete portfolio holdings for the 2nd and 4th fiscal quarters.
Publicly Disclosed Portfolio Holdings
(as of February 29, 2008)
Sales Loads and Breakpoints
|
Shareholder Fees
Fees Paid Directly From Your Investment |
Class A |
Class C |
Class I |
|
Maximum Sales Charge (Load) (as a percentage of offering price) |
5.50% |
None |
None |
|
Maximum Deferred Sales Charge (Load) |
None |
1.00% |
None |
|
Maximum Sales Charge (Load) Imposed on Reinvested Dividends and Other Distributions |
None |
None |
None |
|
Redemption Fee (as a percentage of amount redeemed) |
None |
None |
None |
|
Exchange Fee |
None |
None |
None |
Class A Shares of the RMK Select Mid Cap Growth Fund are sold at NAV plus a front end sales charge as listed below:
|
Amount of Transaction |
Sales Charge as a %
of Offering Price |
|
Up to $49,999 |
5.50% |
|
$50,000 to $99,999 |
4.50% |
|
$100,000 to $249,999 |
3.75% |
|
$250,000 to $499,999 |
2.50% |
|
$500,000 to $999,999 |
2.00% |
|
$1 million or more* |
NAV |
|
|
|
|
* On purchases of $1 million or more, a contingent deferred sales charge (CDSC) of 1.00% of the redemption amount will apply to Class A Shares redeemed within one year of the purchase date. |
Portfolio Managers
Charles A. Murray, CFA
David P. McGrath, CFA
To purchase shares, contact your Morgan Keegan financial advisor or call the Morgan Keegan Financial Services Center toll-free at 1-800-222-8866. Fund shares may not be held in, or transferred to, an account with any firm other than Morgan Keegan, Regions Morgan Keegan Trust or an Authorized Dealer.
Shares of RMK Select Funds, like shares of all mutual funds, are not bank deposits or obligations, are not guaranteed by any bank, and are not insured or guaranteed by the U.S. government, the Federal Deposit Insurance Corporation, the Federal Reserve Board, or any other government agency. Investment in mutual funds involves investment risk, including possible loss of principal.
An investor should consider each fund's investment objectives, risks, and charges and expenses carefully before investing or sending money. This and other important information about each fund can be found in the funds' prospectus. To obtain a prospectus for RMK Select Short Term Bond Fund, RMK Select Intermediate Bond Fund, or RMK Select High Income Fund, call (toll-free) 1-800-564-2188. To obtain a prospectus for all other RMK Select Funds, call (toll-free) 1-877-757-7424.
Please read the prospectus carefully before investing.
