Listed below are the most recent monthly and quarterly returns for the BB&T Funds. To find the information you are looking for: 1) Choose a Share Class; 2) Choose a Time Period; and 3) Choose an Asset Class.
*The Fund’s Adviser has contractually agreed to limit the management fees paid by the Fund for the period 2-1-2008 through 1-31-2009 (Equity Index Fund for the period 5-1-08 through 4-30-09.) Had this waiver not been in effect, the performance would have been lower.
**NAV= Net Asset Value. POP = Public Offering Price, which reflects the maximum sales charge associated with the Funds.
Past performance does not guarantee future results. The performance data quoted represents past performance and current returns may be lower or higher. The investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. To obtain performance information current to the most recent month end, please visit www.bbtfunds.com.
The performance for all BB&T Funds reflects the reinvestment of all dividends and capital gains distributions. Performance shown also reflects the deduction of fees for value-added services associated with mutual funds, such as investment management and fund accounting fees.
Equity securities (stocks) are more volatile and carry more risk than other forms of investments, including investments in high-grade fixed income securities.
1International investments are subject to special risks, including currency fluctuations, economic and political change and differing accounting standards that may adversely affect portfolio securities.
2Investments in small- and mid-capitalization companies typically present greater risk than large-capitalization companies due to greater volatility and less liquidity.
3The performance of the BB&T Mid Cap Growth Fund, which commenced operations on 7/23/01, is based on the historical performance of the OVB Capital Appreciation Portfolio, which commenced operations on 12/30/93. The Funds merged on 7/23/01.
4The performance of the BB&T Mid Cap Value Fund, which commenced operations on 7/23/01, is based on the historical performance of the OVB Equity Income Portfolio, which commenced operations on 8/1/96. The Funds merged on 7/23/01.
5Value based investments are subject to the risk that the broad market may not recognize their intrinsic value.
6A concentrated portfolio may add a measure of volatility to performance, as major fluctuations in any one holding will likely affect the fund more than a fund with a greater number of holdings.
7The BB&T Equity Index Fund invests all of its assets in the S&P 500 Index Master Portfolio ("Master Portfolio"), whose inception date is 7/2/93. The performance quoted above incorporates the performance of the Master Portfolio prior to 9/11/00 (inception of Class A), adjusted for the expenses of Class A (including Rule 12b-1 fees).