Edgar Lomax Value Fund (LOMAX)

Overview

The investment fund is centered around acquiring stakes predominantly in large, highly recognized corporations. It operates with a strategy to ensure a significant portion of its portfolio mirrors the composition of the Standard & Poor’s (S&P) 100 Index, aiming for at least 20% conformity with this benchmark. The S&P 100 Index encompasses a capitalization-weighted spectrum of 100 stocks from various industries, serving as a barometer for the performance of major American corporations. This focus on well-established companies is reflective of a strategy inclined towards stability and recognized value. The fund is designed for investors seeking exposure to leading companies with enduring business models and a pronounced market presence.

Products and Services

• Equity Securities

  The cornerstone of this fund's investment approach is placing at least 85% of its total assets into equity securities. This includes a broad spectrum of investment vehicles such as common stocks, which represent ownership shares in corporations. These equities form the backbone of the fund's portfolio, aimed at capturing the growth and income potential of established market leaders.

• Convertible Securities

  Part of the fund's diversified strategy includes investment in convertible securities. These are bonds or preferred shares that can be converted into a predetermined amount of the company's common stock, usually at the option of the holder. Convertible securities combine the income potential of bonds with the growth opportunity of stocks, making them a flexible component of the fund’s asset allocation.

• Exchange-Traded Funds (ETFs)

  ETFs are also utilized within the fund's investment strategy. These instruments offer diversification within a single transaction and can replicate the performance of a specified index or sector, like the S&P 100. Including ETFs allows the fund to efficiently gain exposure to a wide array of stocks, enhancing the portfolio's breadth and resilience.

• Rights and Warrants

  Another facet of the fund's investment avenues includes rights and warrants. Rights are short-term instruments that allow holders to purchase new shares at a discount to the market price, while warrants provide the right, but not the obligation, to buy shares at a specific price before expiration. Both are employed strategically to leverage investment opportunities and potentially enhance returns.