Vela Large Cap Plus Fund Class I (VELIX)

Overview

The fund is an investment vehicle that focuses primarily on U.S. equity securities, particularly those considered to be undervalued and having small market capitalizations. This strategy is rooted in the belief that small cap stocks, often defined by the size range of companies within the Russell 2000 Index at the time of purchase, offer significant growth potential that is not yet recognized by the broader market. As such, the fund devotes at least 80% of its net assets towards acquiring these types of equities under normal market conditions, aiming to capitalize on the eventual market correction that will recognize their true value. The selection process is guided by the Adviser's expertise in identifying undervalued companies that promise strong future performance relative to their current market evaluation.

Products and Services

• Investment in U.S. Equity Securities

  This core service involves the allocation of at least 80% of the fund’s net assets into equity securities of small cap companies within the United States. The target investments include both common and preferred stocks, particularly those perceived to be undervalued by the Adviser. This focused investment approach aims at maximizing returns by capitalizing on the growth potential of small cap stocks before they become broadly recognized within the investing community.

• Focus on Small Cap Companies

  The fund specializes in investing in small cap companies, defined in relation to the market capitalizations of companies included in the Russell 2000 Index at the time of purchase. This strategy is based on the belief that smaller companies, though more volatile, offer greater growth potential than their larger counterparts. The fund aims to exploit this potential by investing in companies that are poised for significant valuation corrections, focusing on those that are undervalued by the market.