Adler Value Fund Institutional Class (ADLVX)

Overview

The specified mutual fund focuses on achieving its investment objective by primarily investing in a variety of equity securities, encompassing both U.S. and international markets. Its portfolio includes common stocks, both directly and through depositary receipts, preferred stocks, convertible securities, and derivatives such as rights, warrants, and options. The fund operates under the guidance of its Adviser, which selects investments believed to be undervalued by the equity market, based on comprehensive assessments of companies' market positions, growth potentials, and overall financial health. It is important to note that this fund is non-diversified, implying that it may invest a larger portion of its assets in fewer issuers than diversified funds.

Products and Services

The fund offers a range of investment products and services designed to cater to investors looking for equity exposure in both the U.S. and international markets:

• Common Stocks: Equity shares that represent ownership in corporations, providing investors with a claim to a portion of the company's profits and a right to vote on company matters.
• Depositary Receipts: Financial instruments that represent shares in foreign companies, making it easier for domestic investors to invest in overseas markets. ADRs (American Depositary Receipts) are a common form of these instruments, allowing U.S. investors to buy shares in foreign companies in U.S. dollars through U.S. stock exchanges.
• Preferred Stocks: A type of stock that affords its holders preferential rights over common stockholders in the distribution of dividends and assets in the event of liquidation, often with fixed dividend payments.
• Convertible Securities: These are bonds, preferred shares, or other financial instruments that can be converted into a predetermined number of common stock or equity shares, offering the potential for appreciation.
• Rights, Warrants, and Options: Derivatives that give the holder the right, but not the obligation, to buy or sell a company's stock at a specified price before a certain date. These financial instruments can amplify investment returns but also come with higher risk.