is planning to introduce a Smaller Companies Fund, the company disclosed in a filing
The manager of the fund, Stephen Grant
, will invest in domestic securities with market capitalizations of $1.5 billion or less.
The management fee on the fund will be 75 basis points, and 12b-1 fees will be 25 basis points. Officials did not provide other fees or total operating expenses in the filing.
Value Line currently offers 13 funds.
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