Cromwell Greenspring Mid Cap Fund Institutional Class (GRSPX)

Overview

The fund represents an investment opportunity focused on identifying undervalued stocks and income-generating fixed income investments. By concentrating on securities that are believed to be undervalued at the time of purchase, the fund aims to achieve capital appreciation along with income generation. This dual-focused approach targets not only growth through equity investments in U.S. issuers but also aims to provide investors with a steady income stream through investments in a variety of bonds. These include corporate bonds, convertible bonds, and high-yield bonds, which are often referred to as "junk" bonds due to their higher risk compared to investment-grade bonds. The strategic combination of growth and income-oriented investments positions the fund as a versatile option for investors seeking a balanced investment portfolio.

Products and Services

• Undervalued Stocks

Investments in stocks that the fund's investment adviser believes are undervalued at the time of purchase. This approach targets securities believed to offer potential for capital appreciation as their market values adjust to reflect their inherent worth.

• Corporate Bonds

Fixed income investments in debt securities issued by corporations. These bonds are aimed at generating income for the fund, offering a balance between risk and return to investors seeking steady earnings.

• Convertible Bonds

These are corporate bonds that can be converted into a predetermined number of the issuing company's equity shares at certain times during their life, usually at the discretion of the bondholder. Convertible bonds blend the income features of bonds with the potential for capital appreciation associated with equity investments.

• High Yield Bonds

Also known as below investment grade bonds or "junk bonds," these fixed income securities offer higher interest rates to compensate for their higher risk of default. High yield bonds are selected for their potential to contribute significantly to the income generation part of the fund's investment strategy while also providing opportunities for capital appreciation.