Jamestown Equity Fund (JAMEX)

Overview

The described company operates as an investment fund, focusing predominantly on equity securities. To ensure a diversified and potentially less risky investment portfolio, it commits at least 80% of its net assets, including any borrowed funds for investment purposes, to equity securities. While the primary focus is on common stocks, the company acknowledges the value of flexibility in investment choices and, therefore, may allocate a portion of its assets to other types of equity securities. Such an investment approach indicates an intention to balance the fund's growth opportunities with the need to manage investment risk.

Products and Services

• Common Stocks

  As a primary investment vehicle, the fund allocates most of its assets to common stocks. This offers shareholders the opportunity to invest in a broad range of companies and industries, aiming to benefit from capital appreciation and dividends, thus potentially enhancing the overall performance of their investment portfolio.

• Preferred Stocks

  In addition to common stocks, the fund considers investments in preferred stocks. Preferred stocks provide shareholders with a fixed dividend ahead of common stock dividends. They combine features of both equity and debt, offering a different risk and return profile compared to common stocks, which may be appealing for diversified investment strategies.

• Convertible Preferred Stocks

  This investment option includes preferred stocks that can be converted into a predetermined number of common stocks, usually at the discretion of the holder. This feature provides the potential for capital appreciation while also offering the regular income and relative priority over dividends and asset liquidation provided by preferred stocks.

• Convertible Bonds

  The fund may also invest in convertible bonds, which are corporate bonds that can be converted into a company's common stock at the option of the bondholder. These bonds offer regular income through fixed interest payments, along with the potential for capital gains if the underlying stock increases in value. The fund focuses on convertible bonds that are rated in the four highest grades by a nationally recognized rating agency, or unrated securities deemed of comparable quality by the Advisor, to ensure a prudent level of credit risk.