FPA Queens Road Small Cap Value Fund Institutional Class · NASDAQ:QRSIX
FPA Queens Road Small Cap Value Fund Institutional Class — FPA Crescent Fund — Q3 2022 Earnings Presentation
10 slides from FPA Queens Road Small Cap Value Fund Institutional Class's earnings presentation, Oct 26, 2022
Slide 1: FPA Crescent Fund (FPACX) Third Quarter 2022 Webcast Presentation
L P rs, is o d v FPA Crescent c A Fund (FPACX) i f i a c Third Quarter 2022 Webcast Presentation t P Presented by: Steven Romick, Mark Landecker, Brian Selmo October 26, 2022 i r s F Follow us on:
Slide 2: FPA Investor Tour 2022 – New York
FPA Investor Tour 2022 – New York L P rs, is o Investor Tour 2022 - New York d v Wednesday, November 16th, 2022 c AThompson Central Park New York - 56th & 6th Ave 10am to 3pm i f i ac t P Visit FPA.com to Register F i rs 2
Slide 3: Performance
Performance Market Cycle P Trailing Performance (%) Market Cycle Performance Performance L 3/25/00- 10/10/07- 3/25/00- 1/4/22- 10/10/07- As of Date: 9/30/2022 Inception* 20 Years Inception* 15 Years 20 Years 10 Years 15 Years 5 Years 10 Years 3 Years 5 Years 1 Year 1 Year 3 Years YTD QTD YTD QTD 10/
Slide 4: Q&A
L P rs, is o d v Q&A c A i f i ac t P F i rs 4
Slide 5: Appendix
L P rs, is o d v Appendix c A i f i ac t P F i rs 5
Slide 6: Fund holdings as of September 30, 2022
Fund holdings as of September 30, 2022 Communication Services Alphabet Comcast Meta Platforms 12.9% 4.9% 2.5% 1.6% Health Care Icon PLC Industrials 0.3% 0.3% 8.6% Common Stocks – SPACs SPACs (multiple securities) Credit – Long L P 4.0% 4.0% , 0.6% Charter Communications 1.5% Sound Holdings 1.3% McDe
Slide 7: Important disclosures
Important disclosures P These slides are intended as supplemental material to the Third Quarter 2022 FPA Crescent Fund audio presentation and transcript that are posted on FPA's website at www.fpa.com. , L This presentation is for informational and discussion purposes only and does not constitute, a
Slide 8: Disclosures (continued)
Important disclosures (continued) P You should consider the Fund's investment objectives, risks, and charges and expenses carefully before you invest. The Prospectus details the Fund's objective and policies and other matters of interest to a prospective investor. Please read the Prospectus carefull
Slide 9: Disclosures (continued) – SPAC risks
Important disclosures (continued) Investing in Special Purpose Acquisition Companies (“SPACS”) involves risks. Because SPACs and similar entities have no operating history or ongoing business other than seeking L P acquisitions, the value of their securities is particularly dependent on the ability
Slide 10: Other Definitions
Important disclosures (continued) Other Definitions Market Cycles, also known as stock market cycles, is a wide term referring to trends or patterns that emerge during different markets or business environments. L P Net Risk Exposure is a measure of the extent to which a fund’s trading book is expos