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SOURCE BPV Capital Management
TEAMS WITH AJO FOR FIRST-EVER ACCESS TO LEADING INSTITUTIONAL LARGE CAP VALUE EXPERTISE
KNOXVILLE, Tenn., July 8, 2014 /PRNewswire/ -- BPV Capital Management ("BPV"), an asset manager built on the belief that all investors deserve a stable financial future, announced today that it has teamed with AJO, LP, a leading value-oriented institutional asset manager based in Philadelphia, and launched the BPV Large Cap Value Fund (BPVAX).
While AJO typically requires a $25 million minimum investment, the BPV Large Cap Value Fund offers individual investors access to the firm's management with a $1,000 investment minimum. This represents the first retail-oriented fund in which AJO, an institutional manager with $24.4 billion in value-oriented equity mandates as of May 31, 2014, has served as sole sub-advisor.
"We are excited to partner with AJO to bring the BPV Large Cap Value Fund to our Family of Funds," said Mike West, Senior Partner and CEO of BPV. "AJO has developed its investment strategies over three decades and the strategy and structure of BPVAX fits well with BPV's mission to provide access to otherwise inaccessible investment management for our clients."
The Fund employs a bottom-up, value-oriented investment approach, and a sophisticated quantitative model, leveraging the extensive experience of the seven-person investment team, led by AJO Founder and Managing Principal Ted Aronson.
The investment objective of the BPV Large Cap Value Fund is to seek long-term capital appreciation. Benchmarked against the Russell 1000 Value Index, the Fund is run by AJO's experienced team of portfolio managers, using sophisticated stock selection based on company value, management strength, momentum, and sentiment.
"AJO's large cap strategy allows for highly diversified and fully invested portfolios of U.S. equities," said Mr. Aronson. "BPV saw the need to incorporate the strategy into its Family of Funds, and we see this as a great opportunity to make our strategy available to the average investor."
The BPV Large Cap Value Fund can be purchased through Registered Investment Advisor (RIA) custodial platforms, wirehouses, and independent and regional broker-dealers.
BPV ("Back Porch Vista) is focused on helping American families retire well. The BPV Family of Funds includes the BPV Core Diversification Fund (BPVDX), the BPV Wealth Preservation Fund (BPVPX), the BPV Low Volatility Fund (BPVLX), and the BPV Large Cap Value Fund (BPVAX). The funds provide a range of potential solutions that apply a more conservative approach to time-tested investment principles.
AJO is an independent, registered investment adviser founded in 1984 by Ted Aronson. The firm is a limited partnership, wholly owned by 17 active principals, with offices in Philadelphia and Boston. As of May 31, 2014, the firm managed $24.4 billion in value-oriented equity mandates for 87 institutional clients. AJO uses an active, value-oriented approach and a highly disciplined, quantitative process to build diversified, fully-invested portfolios of U.S. and emerging markets equities for large tax-exempt institutions and serves as sub-advisor to the BPV Large Cap Value Fund (BPVAX).
BPV Capital Management is built on the simple belief that all investors deserve the ability to retire well. In our view, every individual should have the ability to achieve his or her own "back porch vista" through careful planning and saving. In our evolution from family office, to advisory firm, to manager of a family of funds, we've sat in every chair at the table, which means that we have a unique understanding of the challenges each member of the BPV family faces. For more information on BPV, fill out the form below or call 877-819-2188.
The BPV Family of Funds are distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with BPV Capital Management, LLC or AJO.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. Request a prospectus which contains this and other information by calling toll free (855) 784-2399 or visiting www.bpvfunds.com. Read the prospectus carefully before investing or sending money.
Mutual fund investing involves risk. Principal loss is possible. ETFs are subject to risks similar to those of stocks including those regarding short selling and margin account maintenance. Diversification does not eliminate the risk of experience investment losses. There is no assurance that this investment strategy will consistently lead to successful investing.
Important Risk Disclosure for the BPV Large Cap Value Fund
The fund is new and has a limited operating history.
An investment in the Fund is subject to investment risks, including the possible loss of some or all of the principal amount invested. There can be no assurance that the Fund will be successful in meeting its investment objective. Generally, the Fund will be subject to the following additional risks:
The share price of the Fund changes daily based on the performance of the securities in which the Fund invests, the selection of which is determined primarily by a quantitative model.
The ability of the Fund to meet its investment objective is directly related to the ability of the quantitative model to measure accurately value indicators or other factors and appropriately react to current and developing market trends. There can be no assurance that the use of the quantitative model will enable the Fund to achieve positive returns or outperform the market, and if the quantitative model fails to accurately evaluate market risk or appropriately react to current and developing market conditions, the Fund's share price may be adversely affected.
Securities prices can be volatile, and the value of securities in the Fund's portfolio may decline due to fluctuations in the securities markets generally.
The prices of equity securities will fluctuate – sometimes dramatically – over time, and the Fund could lose a substantial part, or even all, of its investment in a particular issue.
Undervalued stocks include stocks that the Sub-Adviser believes are undervalued and/or are temporarily out of favor in the market. If these stocks are not undervalued, or they continue to be out of favor in the marketplace, then the Fund may suffer losses.
The Fund was formed in 2014, and while the investment strategy of the Fund is similar to the other registered investment companies sub-advised by the Sub-Adviser, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy.
The Russell 1000 Value Index measures the performance of the large-cap value segment of the U.S. equity universe and includes Russell 1000 companies with lower price-to-book ratios and lower expected growth values. You cannot invest directly in an index.
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