FBR FUNDS registered fund series on Form 485APOS, filed 2009-12-28. Featured series: FBR SMALL CAP FINANCIAL FUND.
| Series | Class | Ticker | New |
|---|---|---|---|
| FBR SMALL CAP FINANCIAL FUND | FBR SMALL CAP FINANCIAL FUND Investor Class | FBRSX | — |
| FBR SMALL CAP FINANCIAL FUND | FBR Small Cap Financial Fund I Class | FBRUX | — |
| FBR SMALL CAP FINANCIAL FUND | FBR Small Cap Financial Fund R Class | FBRWX | — |
| FBR LARGE CAP FINANCIAL FUND | FBR LARGE CAP FINANCIAL FUND Investor Class | FBRFX | — |
| FBR Focus Fund | FBR FOCUS FUND Investor Class | FBRVX | — |
| FBR Focus Fund | FBR Focus Fund I Class | FBRIX | — |
| FBR Focus Fund | FBR Focus Fund R Class | FBRRX | — |
| FBR TECHNOLOGY FUND | FBR TECHNOLOGY FUND Investor Class | FBRTX | — |
| FBR TECHNOLOGY FUND | FBR Technology Fund I Class | — | — |
| FBR PEGASUS SMALL CAP GROWTH FUND | FBR PEGASUS SMALL CAP GROWTH FUND Investor Class | FBRCX | — |
| FBR PEGASUS SMALL CAP GROWTH FUND | FBR Pegasus Small Cap Growth Fund R Class | FBPSX | — |
| FBR PEGASUS SMALL CAP GROWTH FUND | FBR Pegasus Small Cap Growth Fund I Class | FBPGX | — |
| FBR GAS UTILITY INDEX FUND | FBR GAS UTILITY INDEX FUND Investor Class | GASFX | — |
| FBR GAS UTILITY INDEX FUND | FBR Gas Utility Index Fund R Class | GASSX | — |
| FBR PEGASUS FUND | FBR PEGASUS FUND Investor Class | FBRPX | — |
| FBR PEGASUS FUND | FBR Pegasus Fund I Class | FBPIX | — |
| FBR Pegasus Mid Cap Fund | FBR Pegasus Mid Cap Fund Investor Class | FBRMX | — |
| FBR Pegasus Mid Cap Fund | FBR Pegasus Mid Cap Fund I Class | FBPMX | — |
| FBR Pegasus Small Cap Fund | FBR Pegasus Small Cap Fund Investor Class | FBRYX | — |
| FBR Pegasus Small Cap Fund | FBR Pegasus Small Cap Fund I Class | FBPYX | — |
The investment objective of the Small Cap Financial Fund (the Fund) is capital appreciation.