Union Street Partners Value Fund Class A Shares (USPVX)

Overview

The fund described focuses primarily on investing in the equity securities of large capitalization U.S. companies, which it defines as those having a market capitalization of $5 billion or more at the time of purchase. The fund aims to maintain a core position of between 25 and 30 securities, indicating a concentrated approach to stock selection. While it primarily invests in equity, the fund allows for up to 20% of its net assets to be allocated to high-quality money market instruments and repurchase agreements for liquidity and risk management purposes. Additionally, the fund has the flexibility to invest in shares of other registered investment companies, including closed-end investment companies and exchange-traded funds (ETFs). It is classified as non-diversified, meaning it may invest a larger portion of its assets in fewer issuers than a diversified fund.

Products and Services

• Equity Securities of Large-Cap U.S. Companies

  Focuses on investing primarily in stocks of large U.S. companies with a market capitalization of $5 billion or more. This includes retaining a core holding of between 25 and 30 such securities, aiming to capture the growth and stability associated with large-cap entities.

• High-Quality Money Market Instruments and Repurchase Agreements

  Allows for investments of up to 20% of net assets in high-quality money market instruments and repurchase agreements. This strategy is implemented for liquidity purposes and to manage risk, providing a buffer in volatile market conditions.

• Shares of Other Registered Investment Companies

  Permits investment in shares of other registered investment companies, including both closed-end investment companies and exchange-traded funds (ETFs). This approach enables diversified exposure to various market segments and investment strategies not directly accessible through individual stock selections.