Formula Investing US Value 1000 A
P.O. Box 9829
Map
Phone: 877-974-6852
| Category: | Mid-Cap Blend | | Fund Family: | Formula Investing, LLC | | Net Assets: | 45.50M | | Year-to-Date Return: | 7.74% | | Yield: | 0.68% | | Morningstar Rating: | N/A | | Fund Inception Date: | Nov 2, 2010 |
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Joel Greenblatt
Lead Manager since Nov 2, 2010 | | | Mr. Greenblatt is a Managing Principal and CoâChief Investment Officer of Gotham and the Managing Partner of Gotham Capital, which he founded in April 1985. He is the former Chairman of the Board (1994â1995) and a former board member of Alliant Techsystems (1994â2000), a NYSEâlisted aerospace and defense contractor. Since 1996, he has been a professor on the adjunct faculty of Columbia Business School where he teaches âValue and Special Situation Investing.â Mr. Greenblatt serves on the Investment Boards for the University of Pennsylvania and UJA Federation, and is a director of Pzena Investment Management, Inc. (NYSE:PZN), a global investment management firm. Mr. Greenblatt is the author of You Can Be A Stock Market Genius (Simon & Schuster, 1997), The Little Book that Beats the Market (Wiley, 2005), a New York Times bestseller, and The Little Book that Still Beats the Market (Wiley, 2010). He holds a BS (1979), summa cum laude, and an MBA (1980) from the Wharton School of the University of Pennsylvania. |
| Min Initial Investment: | 5,000 | | Min Initial Investment, IRA: | 5,000 | | Min Initial Investment, AIP: | 5,000 | | Min Subsequent Investment: | 250 | | Min Subsequent Investment, IRA: | 250 | | Min Subsequent Investment, AIP: | 250 |
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| The investment seeks to achieve long-term capital appreciation.
The fund normally invests at least 80% of net assets in the securities of U.S. companies. It does not consider portfolio turnover a limiting factor in making decisions for the fund. The fundâs adviser may engage in active trading, which may cause high portfolio turnover. Its adviser do not consider portfolio turnover a limiting factor in making decisions for the fund. |
| Last Dividend
(Dec 15, 2010)
:
| 0.09 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(May 15, 2013)
:
| 183.00% | | Average for Category: | 60.34% |
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| Expense | FVVAX | Category Avg |
|---|
| Annual Report Expense Ratio (net): | 1.25% | 1.28% | | Prospectus Net Expense Ratio: | 1.28% | N/A | | Prospectus Gross Expense Ratio: | 2.17% | N/A | | Max 12b1 Fee: | 0.25% | N/A | | Max Front End Sales Load: | N/A | 5.26% | | Max Deferred Sales Load:
| N/A | 2.15% | | 3 Yr Expense Projection*: | 502 | 606 | | 5 Yr Expense Projection*: | 996 | 1,004 | | 10 Yr Expense Projection*: | 2,358 | 2,110 |
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0.18(1.21%) May 22