Yorktown Small Cap Fund Class L (YOVLX)

Overview

The fund focuses on capital preservation while aiming to provide income through investing primarily in fixed income securities. It operates with the objective of maintaining short average aggregate maturities of not more than three years to manage risk and provide income consistent with the preservation of capital. The fund’s investment strategy is designed to achieve diversification across different segments of the fixed income market by investing at least 80% of its assets in investment-grade debt securities, as assessed by the Adviser. This approach highlights the fund’s conservative investment philosophy, prioritizing stable returns and capital safety over high-risk, high-reward investments.

Products and Services

• Investment in Fixed Income Securities

  The fund invests predominantly in fixed income securities that promise income with a focus on the preservation of capital. These securities are selected based on the Adviser’s assessment of their potential to offer steady returns which aligns with the fund’s income-oriented investment objective. By focusing on securities that contribute to income generation while prioritizing capital preservation, the fund aims to serve investors seeking predictable returns with managed risk levels.

• Diversification Across Fixed Income Markets

  In its pursuit of income and capital preservation, the fund employs a diversification strategy that spreads investments across various areas of the fixed income markets. This diversification is integral to the fund's approach to managing risk, as it seeks to mitigate the potential impact of volatility in any single market segment on the overall portfolio. By allocating investments among different types of investment grade debt securities, including but not limited to, government bonds, municipal bonds, and corporate debt, the fund endeavors to provide a balanced risk-reward profile suitable for conservative investors.

• Short Average Aggregate Maturity

  The fund maintains an average aggregate maturity of not more than three years for its portfolio. This strategy is part of its risk management framework, aiming to reduce exposure to interest rate fluctuations that can adversely affect fixed income securities with longer maturities. By focusing on securities with shorter maturities, the fund seeks to offer investors stable and predictable income streams while maintaining a conservative stance on risk.