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IronBridge Global Focus
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Ticker: IBGFX
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Investment Objective
The Frontegra IronBridge Global Focus Fund's goal, also referred to as its investment objective, is long-term capital appreciation.

Principal Investment Strategy
The Fund seeks to achieve its goal primarily through investment in equity securities of companies traded in developed markets throughout the world, including the United States.  The Fund will be diversified among a number of different countries (at least three) and will invest at least 40% of its total assets in foreign securities.  The Fund invests primarily in the equity securities of companies principally traded in the regions that are included in the Morgan Stanley Capital World Index.

The Fund may invest in companies across all market capitalizations, but the Fund will primarily invest in companies with market capitalizations in excess of US$ 2 billion at the time of investment.  Additionally, the Fund may invest up to 10% of its total assets in securities of companies principally traded in emerging market countries.  The Fund’s subadviser, IronBridge International Ltd., chooses companies that it believes have the potential to exceed economic performance levels on which market valuations are premised.  In constructing a portfolio for the Fund, IronBridge International selects stocks using an economic return framework, a valuation model that uses cash flow rather than traditional accounting measures such as earnings and book value to identify attractively-priced companies.  As a result of this methodology, the Fund invests in both growth and value-style stocks.

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Annual Fund Operating Expenses (As of Prospectus Dated 9/18/09)
(expenses that are deducted from Fund assets)
                      Institutional Class
Management Fees                                       0.85%
Distribution (12b-1) Fees                                                                                   None
Other Expenses                                       0.69%
Total Annual Fund Operating Expenses                                       1.54%
Fee Waiver                                      -0.54%
Net Expenses                                       1.00%

Pursuant to an expense cap agreement between IronBridge Capital Management, L.P. ("IronBridge") and the Fund, IronBridge has agreed to waive its management fee and/or reimburse the Fund’s operating expenses to the extent necessary to ensure that the Fund’s total operating expenses do not exceed 1.00% of the Fund’s average daily net assets.   The expense cap agreement will continue in effect until October 31, 2010 with successive renewal terms of one year unless terminated by IronBridge or the Fund prior to renewal. “Other Expenses” are presented before any waivers or expense reimbursements.


Past performance does not guarantee future results.  The principal value of an investment and investment return will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost.  Current performance may be lower or higher than the performance quoted and may be obtained by calling 888-825-2100.  Investment performance reflects contractual fee waivers in effect.  In the absence of such waiver, total returns would be reduced.

The Fund's investment objectives, risks, charges, and expenses must be considered carefully before investing.  The prospectus contains this and other important information about the Frontegra Funds, and it may be obtained by downloading or calling 888-825-2100.  To download, select the Prospectus option located on the left sidebar.

Mutual fund investing involves risk; principal loss is possible.

Principal Risk Factors. The main risks of investing in the Fund are:

M a r k e t R i s k s . The Fund’s investments are subject to market risk, which may cause the value of the Fund’s investments to decline. If the value of the Fund’s investments goes down, you may lose money. The share price of the Fund is expected to fluctuate. Your shares at redemption may be worth less than your initial investment.

S t o c k S e l e c t i o n R i s k s . The stocks selected for the Fund may decline in value or not increase in value when the stock market in general is rising.

E q u i t y S e c u r i t i e s R i s k s . The Fund invests primarily in common stocks and other equity securities. Common stocks and other equity securities generally increase or decrease in value based on the earnings of the company and on general industry and market conditions. A fund that invests a significant amount of its assets in common stocks and other equity securities is likely to have greater fluctuation in share price than a fund that invests a significant portion of its assets in fixed income securities.

Fore i g n S e c u r i t i e s R i s k s . The Fund will have a substantial investment in securities of companies principally traded in foreign countries. Foreign investments involve additional risks, including less liquidity, currency-rate fluctuations, political and economic instability, differences in financial reporting standards and less strict regulation of the securities markets.

L i q u i d i t y R i s k s . Liquidity risk is the risk that certain securities may be difficult or impossible to sell at the time and price that IronBridge International would like to sell. IronBridge International may have to lower the price, sell other securities instead or forego an investment opportunity, any of which could have a negative effect on the Fund's management or performance.

C u r re n c y R i s k s . Investments in foreign securities denominated and traded in foreign currencies involve additional risks. The value of the Fund’s foreign securities as measured in U.S. dollars maybe affected unfavorably by changes in foreign currency exchange rates. In addition, the Fund may incur costs in connection with conversions between various currencies.

Emerg i n g M a r k e t s R i s k s . The Fund may invest up to 10% of its total assets in securities of companies principally traded in emerging markets. The risks of foreign investments typically are greater in emerging markets. Less developed countries may have smaller securities markets and lower trading volumes, which may lead to greater price volatility. These countries may have less developed legal and accounting structures and are more likely to experience high levels of inflation, deflation or currency devaluations, which could adversely affect their economies and securities markets.

Growth and Value Investing Risks. The Fund invests in both growth and value-style stocks. Investors often expect growth companies to increase their earnings at a certain rate.  Failures by such companies to meet these expectations may result in sharp declines in the prices of these stocks, even if earnings do increase. In addition, growth stocks typically lack the dividend yield that can cushion stock prices in market downturns.  Value stocks may never increase in price or pay dividends as anticipated by IronBridge International, or may decline even further if the market fails to recognize the company's value, if the factors that IronBridge International believes wil increase the price do not occur of if a stock judged to be undervalued is actually appropriately priced.

R e g i o n o r S e c t o r R i s k s . The Fund may invest a higher percentage of its total assets in a particular region or sector of international markets. In such a case, changes affecting that region or sector may have a significant impact on the Fund’s overall portfolio.


Frontegra Funds, Inc. are distributed by Frontegra Strategies, LLC, an affiliate of Frontegra Funds, Inc., and managed by Frontegra Asset Management, Inc.

Frontegra Strategies, LLC is located at 400 Skokie Boulevard, Suite 500, Northbrook, Illinois 60062, and can be contacted by calling (847) 509-9860.  Frontegra Strategies, LLC is a member of the Financial Industry Regulatory Authority, Inc. and SIPC.www.finra.org

You may obtain information about SIPC, including the SIPC brochure, by visiting www.sipc.org or calling SIPC at (202) 371-8300.

The Frontegra Funds are not offered for sale in countries other than the United States and its territories.