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Opportunity Fund

Investment Adviser: Foresters Investment Management Company, Inc.

Portfolio Managers: Steven S. Hill and Edwin D. Miska 

Investment Objective and Strategy

The Fund seeks long-term capital growth. The Fund invests primarily in mid- and small-size companies that the Fund’s investment adviser Foresters Investment Management Company, Inc. believes offer strong growth opportunities. The Fund may continue to hold stocks of mid- and small-size companies that grow into large companies and may also invest opportunistically in stocks of larger companies. 

Sector Allocation (%)

As of 06-30-2017

This information is for illustrative purposes only and includes only invested cash; therefore, the sum of all sectors as a percentage of net assets may not equal 100%.

Returns as of 08-31-2017 06-30-2017
Gross/Net Exp as of 09-30-2016 Gross/Net Exp as of 09-30-2016
Average Annual Total Returns
Class 1 Yr. % 3 Yr. % 5 Yr. % 10 Yr. % Since inception* Inception date Gross/Net Exp %
Average Annual Total Returns
Aat NAV19.145.2214.307.16N/A08-24-19921.23/1.23
w/ sales charge12.303.1712.966.53N/A08-24-19921.23/1.23
Bat NAV18.314.4313.446.50N/A01-12-19952.00/2.00
w/ sales charge14.313.6013.206.50N/A01-12-19952.00/2.00
Advisorat NAV19.575.55N/AN/A11.5304-01-20130.94/0.94
Institutionalat NAV19.665.68N/AN/A11.7004-01-20130.80/0.80
Average Annual Total Returns
ClassA
at NAV
1 Yr. %19.14
3 Yr. %5.22
5 Yr. %14.30
10 Yr. %7.16
Since inception*N/A
Inception date08-24-1992
Gross/Net Exp %1.23/1.23
Average Annual Total Returns
ClassA
w/ sales charge
1 Yr. %12.30
3 Yr. %3.17
5 Yr. %12.96
10 Yr. %6.53
Since inception*N/A
Inception date08-24-1992
Gross/Net Exp %1.23/1.23
Average Annual Total Returns
ClassB
at NAV
1 Yr. %18.31
3 Yr. %4.43
5 Yr. %13.44
10 Yr. %6.50
Since inception*N/A
Inception date01-12-1995
Gross/Net Exp %2.00/2.00
Average Annual Total Returns
ClassB
w/ sales charge
1 Yr. %14.31
3 Yr. %3.60
5 Yr. %13.20
10 Yr. %6.50
Since inception*N/A
Inception date01-12-1995
Gross/Net Exp %2.00/2.00
Average Annual Total Returns
ClassAdvisor
at NAV
1 Yr. %19.57
3 Yr. %5.55
5 Yr. %N/A
10 Yr. %N/A
Since inception*11.53
Inception date04-01-2013
Gross/Net Exp %0.94/0.94
Average Annual Total Returns
ClassInstitutional
at NAV
1 Yr. %19.66
3 Yr. %5.68
5 Yr. %N/A
10 Yr. %N/A
Since inception*11.70
Inception date04-01-2013
Gross/Net Exp %0.80/0.80
Average Annual Total Returns
Class 1 Yr. % 3 Yr. % 5 Yr. % 10 Yr. % Since inception* Inception date Gross/Net Exp %
Average Annual Total Returns
Aat NAV11.704.7313.167.67N/A08-24-19921.23/1.23
w/ sales charge5.262.6811.827.04N/A08-24-19921.23/1.23
Bat NAV10.883.9412.317.34N/A01-12-19952.00/2.00
w/ sales charge6.883.1112.057.34N/A01-12-19952.00/2.00
Advisorat NAV12.075.06N/AN/A10.9904-01-20130.94/0.94
Institutionalat NAV12.175.18N/AN/A11.1404-01-20130.80/0.80
Average Annual Total Returns
ClassA
at NAV
1 Yr. %11.70
3 Yr. %4.73
5 Yr. %13.16
10 Yr. %7.67
Since inception*N/A
Inception date08-24-1992
Gross/Net Exp %1.23/1.23
Average Annual Total Returns
ClassA
w/ sales charge
1 Yr. %5.26
3 Yr. %2.68
5 Yr. %11.82
10 Yr. %7.04
Since inception*N/A
Inception date08-24-1992
Gross/Net Exp %1.23/1.23
Average Annual Total Returns
ClassB
at NAV
1 Yr. %10.88
3 Yr. %3.94
5 Yr. %12.31
10 Yr. %7.34
Since inception*N/A
Inception date01-12-1995
Gross/Net Exp %2.00/2.00
Average Annual Total Returns
ClassB
w/ sales charge
1 Yr. %6.88
3 Yr. %3.11
5 Yr. %12.05
10 Yr. %7.34
Since inception*N/A
Inception date01-12-1995
Gross/Net Exp %2.00/2.00
Average Annual Total Returns
ClassAdvisor
at NAV
1 Yr. %12.07
3 Yr. %5.06
5 Yr. %N/A
10 Yr. %N/A
Since inception*10.99
Inception date04-01-2013
Gross/Net Exp %0.94/0.94
Average Annual Total Returns
ClassInstitutional
at NAV
1 Yr. %12.17
3 Yr. %5.18
5 Yr. %N/A
10 Yr. %N/A
Since inception*11.14
Inception date04-01-2013
Gross/Net Exp %0.80/0.80

*For funds with less than 1, 3, 5 or 10 year performance data.

 

 

The performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. Current performance may be higher or lower than the performance data quoted. Performance of share classes will differ because each class is sold pursuant to different sales arrangements and bears different expenses.  The Class A returns shown with sales charges are based on the maximum sales charge of 5.75%. The Class B returns shown with sales charges are adjusted for the applicable deferred sales charge (maximum of 4% in the first year). The Advisor Class and Institutional Class returns are shown as NAV only returns since these classes are sold without sales charges. Redemptions of Class B shares may be subject to a deferred sales charge. For performance data current to the most recent month-end call 800 524 2803 or visit Pricing & Performance. Returns may reflect waivers or reimbursements of certain expenses. Absent of these waivers or reimbursements, returns may be lower.


Sector Allocation (%)

As of 06-30-2017

This information is for illustrative purposes only and includes only invested cash; therefore, the sum of all sectors as a percentage of net assets may not equal 100%.

Top Holdings (%)

As of 06-30-2017
Top Holdings (%)
Security% of Total Net Assets
Newell Brands, Inc.2.1%
Thermo Fisher Scientific, Inc.1.7%
Centene Corp.1.7%
Citizens Financial Group, Inc.1.7%
Western Digital Corp.1.6%
iShares Core S&P Mid-Cap ETF1.5%
iShares Russell 2000 ETF1.5%
First Republic Bank1.4%
Technology Select Sector SPDR ETF1.4%
Tupperware Brands Corp.1.4%
Total16.0%

This information is solely for illustrative purposes. The portfolio as of the date of this report may or may not be the same as the portfolio on the date this material is used.

Class A Class B Advisor Class Institutional Class
Shareholder Fees (fees paid directly from your investment)
Maximum sales charge (load) imposed on purchases (as a percentage of offering price) 5.75%1 None None None
Maximum deferred sales charge (load) (as a percentage of the lower of purchase price or redemption price) 1.00%2
4.00%3 None None
Class A Class B Advisor Class Institutional Class
Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment)
Management Fees 0.71% 0.71% 0.71% 0.71%
Distribution and Service (12b-1) Fees 0.30% 1.00% None None
Acquired Fund Fees and Expenses  0.01%  0.01% 0.01%  0.01% 
Other Expenses 0.21% 0.28% 0.22% 0.08%
Total Annual Fund Operating Expenses 1.23% 2.00% 0.94% 0.80%

1 Due to rounding of numbers in calculating a sales charge, you may pay more or less than what is shown above.
2 A CDSC of 1.00% will be assessed on certain redemptions of Class A shares that are purchased without a sales charge.
3 4.00% in the first year, declining to 0% after the sixth year. Class B shares convert to Class A shares after eight years.

Steven Hill

Steven S. Hill

Steven S. Hill serves as Co-Portfolio Manager of the Fund and has served as either Portfolio Manager or Co-Portfolio Manager of the Fund since 2004.

Ed Miska

Edwin D. Miska

Edwin D. Miska, Director of Equities at Foresters Investment Management Company, Inc. (“FIMCO”), serves as the Portfolio Manager of the Growth & Income Fund, Life Series Growth & Income Fund, the Balanced Income Fund, Life Series Balanced Income Fund, Total Return Fund, Life Series Total Return Fund and serves as Co-Portfolio Manager of the Opportunity Fund and Life Series Opportunity Fund. Prior to joining FIMCO in 2002, Mr. Miska was a Senior Portfolio Manager and Managing Director of Evergreen Asset Management Corporation.

How to obtain a prospectus

For more complete information on any First Investors fund, you may obtain a free prospectus by 
downloading it here, contacting your registered representative, or calling 800 423 4026. You should consider the investment objectives, risks, fees or charges, and expenses of the fund carefully before investing. The prospectus ans summary prospectus contain this and other information about the fund, and should be read carefully before you invest or send money. An investment in a fund is not a bank deposit and is not insured or guaranteed by the Federal Deposit Insurance Corporation (FDIC) or any other government agency.

 

Principal Risks:  You can lose money by investing in the Fund.  There is no guarantee that the Fund will meet its investment objective.  The Fund is intended for investors who:

  • Are seeking capital growth,
  • Want exposure to investments in foreign companies,
  • Are willing to accept a high degree of investment risk, and
  • Have a long-term investment horizon and are able to ride out market cycles.

Here are the principal risks of investing in the Fund:

Emerging Markets Risk.  The risks of investing in foreign securities are heightened when investing in emerging or developing markets.  The economies and political environments of emerging or developing countries tend to be more unstable, resulting in more volatile rates of returns than developed markets and substantially greater risk.

Foreign Securities Risk.  There are special risk factors associated with investing in foreign securities, including the risks of fluctuations in exchange rates, potential political and economic instability, differing accounting and financial reporting standards or inability to obtain reliable financial information regarding a company’s financial condition, less stringent regulation and supervision of foreign securities markets, custodians and securities depositories, and potential capital restrictions.  To the extent the Fund invests a significant portion of its assets in securities of a single country or region, it is more likely to be affected by events or conditions of that area.  As a result, it may be more volatile than a more geographically diversified fund.

Limited Holdings Risk.  The Fund’s assets may be invested in a limited number of issuers.  This means that the Fund’s performance may be substantially impacted by the change in value of even a single holding. 

Liquidity Risk.  The Fund is also susceptible to the risk that certain investments may be difficult or impossible to sell at a favorable time or price.  Market developments may cause the Fund’s investments to become less liquid and subject to erratic price movements.  This risk is particularly acute in the case of foreign securities that are traded in smaller, less-developed or emerging markets.

Market Risk.  Stock prices may decline over short or even extended periods not only because of company-specific developments, but also due to general economic and market conditions, adverse political or regulatory developments or interest rate fluctuations.  Adverse market events may lead to increased redemptions, which could cause the Fund to experience a loss or difficulty in selling securities to meet redemptions.

Mid-Size and Small-Size Company Risk.  The market risk associated with the securities of mid- and small-size companies is generally greater than that associated with securities of larger companies because such securities tend to experience sharper price fluctuations than those of larger companies.  At times, it may be difficult for the Fund to sell mid-to-small size company stocks at reasonable prices.

Sector Risk.  Sector risk is the risk associated with the Fund holding a significant amount of investments in similar businesses, which could be affected by the same economic or market conditions.

Security Selection Risk.  Securities selected by the portfolio manager may perform differently than the overall market or may not meet the portfolio manager’s expectations.

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