Mitchell Appel

Chief Executive Officer

Mitchell Appel is the President of the Value Line Funds and Chief Executive Officer of EULAV Asset Management (“EAM”), the Funds’ investment adviser. Mr. Appel is responsible for the long term strategy of the investment adviser and the Funds, in addition to the day to day management responsibilities of the firm. Mr. Appel has streamlined the fund line up in recent years and continues to work to add value to shareholders by making sure the Value Line Funds are competitively positioned with their peers and providing the portfolio management team the necessary tools to best manage the Funds.

Mr. Appel’s other roles in the organization include being a member of the Board of Directors for the Value Line Funds and a Trustee of EAM.

Mr. Appel has held positions in the mutual fund industry since 2001. He received an MBA from New York University and holds several industry licenses (Series 7, 24 -Principal, and 27 -FINOP).

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