Davlin Philanthropic Fund Announces First Annual Charitable Awards
Bill Davlin, president of the Davlin Funds, said, “We believe that by creating a mutual fund where investors own the assets and get all the returns, and their favorite charities get most of the advisory fees, we have created a tool that can offer the average person the opportunity to make a significant difference. This is what we like to refer to as sustainable giving.”
“Over the long term, we hope to fundamentally change the landscape of philanthropy,” he said. “If we can continue to grow, the world will get a whole new group of philanthropic supporters.”
About the Davlin Philanthropic Fund
The Davlin Philanthropic Fund is the first no-load mutual fund that allows investors to make charitable contributions from their management fees while maintaining control and ownership of their investment. The Davlin Fund charges a 1.50% fund management fee, and donates one-third (or 0.50%) of the fee and 100% of fund manager’s profits to charities with guidance from fund investors. The Fund is a diversified, open-end mutual fund investing primarily in US-based companies. The Fund seeks long term capital appreciation and emphasizes a value style of investing without regard to company size. For more information, please go to www.DavlinFunds.org or phone 1-877-Davlin8.
As always, investors should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The prospectus contains these as well as other information about the Fund. A prospectus may be obtained from www.DavlinFunds.org or by calling 1-877-Davlin8. Read the prospectus carefully before investing.