Further. Together.

We seek to invest in a handful of global compounding engines. The key is circling the wagons around the most compelling ones.
INVESTOR PRESENTATION
Replay of March '24 Investor Call
Investor Presentation
WAGNX
WGNIX
S&P 500
YTD*
9.93%
10.02%
6.04%
Since
Inception**
18.53%
18.75%
18.44%
*4/30/2024
**9/29/2023
Now available on these platforms:
For more information on how to invest:
WAGNX & WGNIX
The Pabrai Wagons Fund launched on September 29, 2023 with an initial Net Asset Value (NAV) of $10.00 per share. 
FUND/INDEX
Pabrai Wagon Funds Retail (WAGNX)
Pabrai Wagon Funds Institutional (WGNIX)
S&P 500 TR
3 MONTHS
5.29%
5.29%
10.56%
YTD
5.29%
5.29%
10.56%
YTD
-----
------
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1 YR
-----
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3 YR
-----
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5 YR
-----
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10 YR
-----
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SINCE INCEPTION*
13.53%
13.65%
23.48%
FUND
Pabrai Wagon Funds Retail (WAGNX)
3 MO
5.29%
YTD
5.29%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
13.53%
FUND
Pabrai Wagon Funds Institutional (WGNIX)
3 MO
5.29%
YTD
5.29%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
13.65%
INDEX
S&P 500 TR
3 MO
10.56%
YTD
10.56%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
23.48%
Performance as of 3/31/24.

*Inception Date is 9/29/23.
FUND/INDEX
Pabrai Wagons Fund Retail (WAGNX)
Pabrai Wagons Fund Institutional (WGNIX)
S&P 500 TR
1 MONTH
4.41%
4.49%
-4.08%
YTD
9.93%
10.02%
6.04%
YTD
-----
-----
-----
1 YR
-----
-----
-----
3 YR
-----
-----
-----
5 YR
-----
-----
-----
10 YR
-----
-----
-----
SINCE INCEPTION*
18.53%
18.75%
18.44%
FUND
Pabrai Wagons Fund Retail (WAGNX)
1 MO
4.41%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
YTD
9.93%
SINCE INCEPT.*
18.53%
FUND
Pabrai Wagons Fund Institutional (WGNIX)
1 MO
4.49%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
YTD
10.02%
SINCE INCEPT.*
18.75%
INDEX
S&P 500 TR
1 MO
-4.08%
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
YTD
6.04%
SINCE INCEPT.*
18.44%
Performance as of 4/30/24.

*Inception Date is 9/29/23.
Pabrai Wagons Fund net asset value (nav)
FUND/INDEX
Pabrai Wagon Funds Retail (WAGNX)
Pabrai Wagon Funds Institutional (WGNIX)
S&P 500 TR
3 MO
-----
-----
-----
YTD
-----
------
-----
1 YR
-----
-----
-----
3 YR
-----
-----
-----
5 YR
-----
-----
-----
10 YR
-----
-----
-----
SINCE INCEPT.*
-----
-----
-----
FUND
Pabrai Wagon Funds Retail (WAGNX)
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
FUND
Pabrai Wagon Funds Institutional (WGNIX)
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
FUND
S&P 500 TR
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
FUND/INDEX
Pabrai Wagon Funds Retail (WAGNX)
Pabrai Wagon Funds Institutional (WGNIX)
S&P 500 TR
3 MO
-----
-----
-----
YTD
-----
-----
-----
1 YR
-----
-----
-----
3 YR
-----
-----
-----
5 YR
-----
-----
-----
10 YR
-----
-----
-----
SINCE INCEPT.*
-----
-----
-----
FUND
Pabrai Wagon Funds Retail (WAGNX)
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
FUND
Pabrai Wagon Funds Institutional (WGNIX)
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
FUND
S&P 500 TR
3 MO
-----
YTD
-----
1 YR
-----
3 YR
-----
5 YR
-----
10 YR
-----
SINCE INCEPT.*
-----
WAGNX: Net Expense Ratio (Minimum Investment: $
2,000
)
1.25%
WGNIX : Net Expense Ratio (Minimum Investment: $
250,000
)
1.00%
According to the Supplement dated 1/19/24 to the Statutory Prospectus dated 9/29/23. Gross expense ratio is 1.91% for retail class and 1.66% for institutional class. The advisor has contractually agreed to cap the fund operating expenses through 10/31/2025.
Performance data quoted represents past performance; past performance does not guarantee future results. The investment return 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 maybe obtained by calling 1-800-501-1792. The Fund imposes a 1.00% redemption fee on shares held for 90 days or less. Performance data does not reflect the redemption fee. If it had, returns would be reduced
The S&P 500 Index is an index of 500 large capitalization companies selected by Standard & Poor’s Financial Services LLC. One cannot invest directly in an index.
DAILY NAV AS OF 5/24/2024
TICKER
NAV
WAGNX
$12.38
WGNIX
$12.41
Mutual fund investing involves risk. Principal loss is possible. The Fund is non-diversified, meaning it may focus its assets in fewer individual holdings than a diversified fund. Therefore, the Fund is more exposed to individual stock volatility than a diversified fund. The Fund invests in small- and medium-capitalization companies, which involve additional risks such as limited liquidity and greater volatility than larger capitalization companies. The Fund is new with no operating history and there can be no assurance that the Fund will grow to or maintain an economically viable size. Download the prospectus.
Dhandho Funds (the “Advisor”) has contractually agreed to reduce its fees and/or pay Fund expenses (excluding acquired fund fees and expenses, interest expense in connection with investment activities, taxes, extraordinary expenses, shareholder servicing fees and any other class specific expenses) in order to limit Total Annual Fund Operating Expenses After Fee Reduction and/or Expense Reimbursement to 0.90% of the Fund’s average daily net assets (the “Expense Cap”). The Expense Cap is indefinite, but will remain in effect until at least October 31, 2025 and may be terminated at any time by the Trust’s Board of Trustees (the “Board”) upon 60 days’ notice to the Advisor, or by the Advisor with consent of the Board.
Before you invest in the Pabrai Wagons Fund, please refer to the Statutory Prospectus and Summary Prospectus for important information about the investment company, including investment objectives, risks, charges and expenses. You may also obtain a hard copy of the prospectus by calling 1-800-501-1792. The prospectus should be read and considered carefully before you invest or send money.
The Fund is offered only to United States residents, and information on this site is intended only for such persons. Nothing on this web site should be considered a solicitation to buy or an offer to sell shares of the Fund in any jurisdiction where the offer or solicitation would be unlawful under the securities laws of such jurisdiction.
The Pabrai Wagons Fund is distributed by Quasar Distributors, LLC. Dhandho Funds is the Advisor to the Pabrai Wagons Fund.