Introduction
FBR Fund for Government Investors (“Fund”) commenced operations on January 22, 1975.
FBR Fund Advisers, Inc. (“FBR Fund Advisers”) serves as the Adviser to the Fund.
Prior to November 1, 2005, Money Management Advisers, Inc. (“MMA”), established in
1974, had served as the Fund’s investment adviser since inception of the Fund.
FBR Fund Advisers and MMA are subsidiaries of Friedman, Billings, Ramsey Group, Inc.
An Adviser group makes investment decisions; therefore, no one person is primarily
responsible for making investment decisions for the Fund.
Investment Goals The Fund, an open end no-load mutual fund,
seeks current income consistent with liquidity and preservation of capital.
Fund Strategy
The Adviser considers economic conditions and interest rate trends in determining what securities to purchase.
Under normal cirumstances, at least 95% of The Fund's total assets will be invested in fixed-rate and floating-rate
short-term instruments issued or guaranteed by the U.S. Government, its agencies or instrumentalities.
Fund data as of 3/31/2008
Inception: 01/22/1975
Q1 2008
1 Month
Average Annual Total Return
1 Year
5 Year
10 Year
Since Inception
FBR Fund for Government Investors
0.76%
0.21%
4.36%
2.48%
2.92%
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TOTAL RETURNS REPRESENT PAST PERFORMANCE, WHICH IS NO GUARANTEE OF FUTURE RESULTS. The current
performance may be lower or higher than performance data quoted. Investment return and principal will
fluctuate so that investors' shares, when redeemed, may be worth more or less than their original cost.
The performance data does not reflect the deduction of redemption fees and if reflected, the redemption
fee would reduce the performance quoted.
Investors should consider the investment objectives, risks, charges and expenses carefully before
investing. This and other important information about the investment company can be found in the
fund's prospectus. To obtain a prospectus, please visit the prospectus page or call 888.200.4710.
Please read the prospectus carefully before investing.
MONEY MARKET FUNDS: An investment in the fund is neither insured nor guaranteed by the FDIC
or any other government agency. Although the fund seeks to preserve the value of your investment
at $1.00 per share, it is possible to lose money by investing in the fund.
The Fund’s income, which is paid monthly, fluctuates daily as investments in the
Fund’s portfolio mature and are replaced with new investments bearing current interest rates.
The U.S. Government does not guarantee the market value or the current yield of government securities.
*The 7 day Current Yield is based on the average net income per share for the seven days ended
on the date of calculation and the NAV on that date. The 7 day Effective Yield is based on the 7
Day Current and is then compounded.
The Daily NAV is as of the previous business day's closing. Funds NAV are updated at approximately
5:30 p.m. EST daily.
This website does not constitute an offer to sell or a solicitation of an offer to buy shares of
the FBR Funds to any person in any jurisdiction in which such offer, solicitation, purchase or sale
would be unlawful under the securities laws of such jurisdiction.
Investors should consider the investment objectives, risks, charges and expenses carefully before
investing. This and other important information about the investment company can be found in the
Fund's prospectus. To obtain a free prospectus, please call 888.200.4710. Please read the prospectus
carefully before investing.
The FBR Funds are distributed by FBR Investment Services, Inc. Member FINRA/SIPC.
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