HRNRX – Hood River New Opportunities Retirement Investment Strategy | Morningstar

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Strategy

The investment seeks long-term capital appreciation. The fund, under normal market conditions, invests primarily in a diversified portfolio of equity securities of small and medium capitalization companies. The manager maintains a portfolio of approximately 80-120 stocks, which is constructed with the overall goal of mitigating risk. It may purchase securities of companies engaged in initial public offerings (“IPOs”).

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HRNIX	Hood River New Opportunities Fund Investor Shares	No Load	Open	—		Aug 5, 2024	$38.99M	1.200%	Above Average	$1,000	$32.67M
HRNOX	Hood River New Opportunities Fund Institutional Shares	Institutional	Open	—		Aug 5, 2024	$843.21M	0.950%	Average	$25,000	$526.25M
HRNRX	Hood River New Opportunities Fund Retirement Shares	Retirement, Large	Open	—		Aug 5, 2024	$248.45M	0.850%	Average	$0	$254.83M

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