FBR FUNDS registered 2 new fund series on Form 485APOS, filed 2006-12-15. Featured series: FBR Pegasus Mid Cap Fund.
| Series | Class | Ticker | New |
|---|---|---|---|
| FBR Pegasus Mid Cap Fund | FBR Pegasus Mid Cap Fund | — | Yes |
| FBR Pegasus Small Cap Fund | FBR Pegasus Small Cap Fund | — | Yes |
The investment objective of the Mid Cap Fund (the Fund) is capital appreciation.