Morningstar Advisor - August/September 2013 - (Page 5)

THOMPSON BOND FUND (THOPX) INVESTMENT-GRADE QUALITY, SHORT-TERM MATURITY 6/30/13 30 DAY SEC YIELD  2.91% DURATION  3.08 YEARS AVERAGE ANNUAL TOTAL RETURNS: 6/30/13 YEAR-TO-DATE 1 YEAR 3 YEAR 5 YEAR 10 YEAR 0.25% 5.11% 5.13% 7.96% 5.93% EXPENSE RATIO: 0.78% Performance data quoted represents past performance: past performance does not guarantee future results. The investment returns and principal value of an investment will ﬂuctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance of the Fund may be lower or higher than the performance quoted. Performance data current to the most recent month end may be obtained by calling 800-999-0887 or visiting www.thompsonim.com. Investment performance reﬂects fee waivers in effect. In the absence of such waivers, the returns would be reduced. The performance information reﬂected in the table above does not reﬂect the deduction of taxes that a shareholder would pay on fund distributions or the redemption of fund shares. 1-800-999-0887 THOMPSONIM.COM The fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The prospectus contains this and other important information about the investment company, and may be obtained by calling 800.999.0887 or visiting www.thompsonim.com. Read it carefully before investing. Investments in debt securities typically decrease in value when interest rates rise. The risk is usually greater for longer-term debt securities. Investments in Asset Backed and Mortgage Backed Securities include additional risks that investors should be aware of such as credit risk, prepayment risk, possible illiquidity and default, as well as increased susceptibility to adverse economic developments. Investments in bonds of foreign issuers involve greater volatility, political and economic risks, and differences in accounting methods. Investment by the Fund in lower-rated and non-rated securities presents a greater risk of loss to principal and interest than higher-rated securities. Results include the reinvestment of all dividends and capital gains distributions. Credit quality breakdown: Investment Grade 95.25%, Below Investment Grade 2.08%, Unrated 2.67%. Investment grade refers to a bond with a credit rating of BBB- or higher by Standard and Poor’s. Rating are based on the corporate bond model. The higher the rating the more likely the bond will pay back par/100 cents on the dollar. Below investment grade refers to a security that is rated below investment grade. These securities are seen as having higher default risk or other adverse credit events, but have typically paid higher yields than better quality bonds. They are less likely to pay back 100 cents on the dollar. Duration is a commonly used measure of the potential volatility of the price of a debt security, or the aggregate market value of a portfolio of debt securities, prior to maturity. Securities with a longer duration generally have more volatile prices than securities of comparable quality with a shorter duration. Quasar Distributors, LLC, Distributor http://www.thompsonim.com http://www.thompsonim.com http://www.THOMPSONIM.COM http://www.thompsonim.com

Table of Contents for the Digital Edition of Morningstar Advisor - August/September 2013

Morningstar Advisor - August/September 2013
Contents
Contributors
Letter From the Editor
Under Pressure
Has Your View of Bonds Recently Changed?
The Simple Life Cuts a Path to Prosperity
How Extended Is Your Bond Fund?
A Bond Contrarian Scours the Globe for Value
Investments á la Carte
Investment Briefs
Bond Market Behemoths
Shopping in the Digital Age
Shopping in the Digital Age
Diverse Crowd
Motor City Meltdown
Bond Convergence
Corporates Are Fairly Valued, but Opportunities Will Arise
A Legend Still Pines for the Good Fight
Greener Pastures
Forecasting Market Bubbles and Crashes
Forecasting Market Bubbles and Crashes
Home-Court Advantage
Overcoming Technophobia
These Funds Are Counting on Undervalued Sectors
Our Favorite Mutual Funds
50 Most-Popular Equity ETFs
Undervalued Stocks With Wide Moats
What Price Advice?

Morningstar Advisor - August/September 2013