Frequently Asked Questions
How do you open an account in the FPA Funds?
You can purchase shares by contacting any broker-dealer or registered investment adviser authorized to sell the Fund's shares. There are nearly 400 investment dealers authorized to sell the FPA Funds. These include full-service dealers, discount dealers, registered investment advisers and financial supermarkets. If you prefer to purchase shares direct, you can use the Mutual Funds Account Application found on the Fund Literature page of our website.
Where can I get an FPA Fund application?
You may download an application off this website. Please go to Fund Literature and under your fund of interest please select the Application and Forms button. You may also call our office (800-982-4372 or 310-473-0225) and have an application mailed to you, or you can request one be e-mailed to you at email@example.com. Please indicate what kind of account application you require (i.e. Joint Tenant, Individual Retirement Account (IRA), 403(b), etc.).
Can I view my account on-line? How do I get information on my account?
You can access your mutual fund account online by going to our website, www.fpafunds.com and clicking on view Access My Account on the Home Page. You may also obtain automated account information 24 hours a day via our shareholder services desk. The phone number is 800-638-3060.
If you are a registered rep, you can view your clients' accounts on-line via https://umb.brokerbrowser.com . If you already have BrokerBrowser user ID #, the FPA Funds can be added to your ID#. If you do not have ID #, please contact UMBFS Dealer Services at (800) 894-6694 to get your user ID established.
What is the load structure for the FPA Funds? What class shares do you offer?
FPA Capital Fund, Inc., FPA Crescent Fund, FPA International Value Fund, FPA New Income, Inc. FPA Paramount Fund, Inc. and FPA Perennial Fund, Inc. are no-load funds offered at net asset value.
What are the initial and subsequent investment minimums?
The minimum initial investment is $1,500, and each subsequent investment must be at least $100.
Are minimums waived for IRA's and/or automatic investment plans?
You can establish an IRA and/or other retirement plan with a $100 minimum initial investment and an expressed intention to increase the investment to $1,500 within 12 months.
Accounts may also be established with a $100 minimum initial investment and the establishment of automatic monthly investments of at least $100 withdrawn from your bank account monthly as specified through the Automated Clearing House. The "Automatic Investment Program" can be established by completing a FPA Mutual Funds Account Application.
Do the FPA Funds have a redemption fee?
The FPA Funds have a 2% short-term redemption fee for any redemptions that occur within 90 days of purchase (except by exchange among the FPA Funds).
How do I access the Webcasts?
Quarterly FPA Fund Conference Calls are held the last week of the month following calendar quarter ends. You may register for the calls via our website, http://www.fpafunds.com/announcements_all.aspx. If you would like to be added to the distribution list to receive an automatic conference call invitation, please email us at firstname.lastname@example.org.
Our webcasts are posted to our website within a week after the quarterly conference calls take place. They are located under their respective fund pages on our website at www.fpafunds.com.
What is the capability of purchasing FPA Funds overseas for U.S. and non-U.S. citizens?
All of the FPA Funds are registered only in the 50 U.S. states, District of Columbia, Guam, Puerto Rico and U.S. Virgin Islands. Except to investors with U.S. military APO or FPO addresses, the Funds generally do not sell shares to investors residing outside the U.S., Guam, Puerto Rico and U.S. Virgin Islands, even if they are U.S. citizens or lawful permanent residents.