ALMVX – Alambic Mid Cap Value Plus

The Alambic Mid Cap Value Plus Fund seeks long-term capital appreciation by investing predominately in securities of middle capitalization companies, (“Mid Cap”) those companies that have a market cap equal to or less than the largest company in the Russell Mid Cap® Index.

The Fund’s objective is to generate returns that over time exceed those of its benchmark, the Russell Mid Value Index®. Alambic’s stock selection methodology relies on the systematic application of fundamental equity research principles across the universe of Russell 2000® stocks. Alambic’s proprietary return forecasting model identifies investment opportunities based on valuation, quality and growth factors that were formulated by the portfolio managers based on decades of equity research experience and rigorous statistical and historical testing. The resulting portfolio consists of a relatively large number of small positions and although its turnover is high relative to our peer group, the portfolio is expected to be relatively tax efficient. Alambic Investment Management, LP was founded in 2006 by Albert Richards and Brian Thompson.

Link to Morningstar*

*The above link is provided for informational purposes based on publicly available information from sources from we believe to be reliable – we cannot assure the accuracy or completeness of the information. The information can change at any time without notice.

Ticker: ALMVX
CUSIP: 90386H594
Minimum Investment: $50,000
Inception Date: 12/29/2016
Net Expense Ratio: .85%
Gross Expense Ratio: 5.84%

Investment Risks: Investment in the Fund is subject to investment risks, including, without limitation, active management risk, equity securities risk, convertible stock risk, preferred stock risk, REIT risk, small-cap risk, foreign securities risk, ADR risk, quantitative model risk, issuer risk, new fund and manger risk, portfolio turnover risk, and value investing risk. For more information about the Fund, including the Fund’s objectives, charges, expenses and risks (including more information about the risks listed above), please read the prospectus.

Index Definitions: Russell Midcap® Index measures the performance of the 800 smallest companies in the Russell 1000® Index. You cannot invest directly in an index. Russell 2000® Index is an index that measures the performance of the 2,000 smallest companies in the Russell 3000® Index. You cannot invest directly in an index