Adara Smaller Companies Fund (0P00013VOX)

Overview

The fund is designed to cater to investors looking to allocate a portion of their investment portfolio towards equity securities of small or micro-cap companies. By focusing on these market segments, the fund taps into the potential for significant growth that small or micro-cap companies can offer. The investment strategy hinges on investing at least 80% of its net assets, including funds borrowed for investment purposes, in the equity securities of these companies. The selection of these companies is guided by their market capitalization at the time of investment, specifically targeting those within the range of companies listed in the Russell Microcap Index, the Russell 2000® Index, or the S&P SmallCap 600 Index. This approach aims to provide investors with a diversified portfolio that includes the dynamically growing but often underrepresented segment of small or micro-cap companies within the broader market.

Products and Services

The fund offers specific investment products and services designed to meet the goals of its investment objective:

• Equity Securities Investment: The cornerstone of the fund’s offerings is its focus on investing in the equity securities of small or micro-cap companies. These investments target companies whose market capitalization falls within the parameters set by well-known indices such as the Russell Microcap Index, the Russell 2000® Index, or the S&P SmallCap 600 Index. This strategy leverages the growth potential and market dynamics of smaller companies which are often less covered by analysts and may present unique investment opportunities.