Quarterly Fund Commentaries
4th Quarter 2011 Fund Commentaries
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| Intrepid Small Cap Fund | Intrepid Capital Fund | Intrepid All Cap Fund | Intrepid Income Fund |
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HOW TO INVEST
- Decide which funds best meet
your investment needs by reading
the prospectus. - Determine how much you want to invest in each fund. (minimums apply)
- Complete a New Account Application or IRA Application.
- Make your check payable to
the name of the fund that you
are purchasing. - Send your applications and
check to:
Intrepid Capital
Management Funds Trust
c/o US Bancorp Fund Services
P.O. Box 701
Milwaukee, WI 53201
To Invest by Wire or Make a Telephone Purchase
Please call:
866-996-FUND.
A completed application must be received in advance of the purchase.
Mutual fund investing involves risk. Principal loss is possible.
The Fund's investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 866-996-FUND (3863) or visiting www.intrepidcapitalfunds.com. Read carefully before investing.
Intrepid Capital Management Funds are distributed by Quasar Distributors, LLC.