Video Commentary
The Value of Active Management
Many investors today have been asking about the merits of active management relative to other investing approaches. At Value Line Funds, we believe there is significant value to having investment professionals who have weathered the ups and downs of the market throughout the years. In this video, Value Line Funds president Michell Appel also discusses the venerable Value Line Timeliness and Safety Ranking systems, a renowned investment tool that measures a broad universe of stocks. Since our founding over 75 years ago, deep market knowledge, in-depth company analysis and human judgment based upon years of experience has guided all that we do.
Transcript:
For over seventy-five years, the Value Line funds have been actively managed.
Our experienced portfolio managers carefully select small, mid sized, and large growth companies that they believe possess the opportunity to provide above average returns relative to other comparable size stocks or companies in their same industry.
In addition, the volatility or risk of these stocks is thoroughly examined at the individual company level as well as how their inclusion would impact the overall portfolio.
All of our portfolio managers have access to the venerable Value Line Timeliness and Safety Ranking Systems, which has been a renowned investment tool for over ninety years. The Value Line Timeliness Rank measures probable relative price performance of a broad universe of stocks during the next six to twelve months on an easy to understand scale of one to five. For more on the Value Line ranking systems, we encourage you to click on our site under process and research. As active managers, our portfolio managers select individual companies following their investment criteria for the funds versus an index fund which purchases a preset basket of companies.
Even if a company has experienced current financial difficulty or engaged in products or services that hold less and less interest to the consumers or business, these companies remain in the portfolio solely because they are an index component. Judgment is no part of the process.
At Value Line Funds, we believe there is significant value to having investment professionals that have weathered the ups and downs of the market throughout the years we have managed money. Since our founding over seventy years ago, deep market knowledge, in-depth company analysis, and human judgment based on years of experience has guided all that we do.
As you explore our website, we encourage you to take a look at our shareholder newsletter, read our portfolio manager commentaries, and download information on each of our actively managed funds. Thank you again for your interest. We look forward to welcoming you to the Value Line Funds.
You should carefully consider investment objectives, risks, charges, and expenses of Value Line mutual funds before investing. This and other information can be found in the fund's prospectus and summary prospectus, which can be obtained free of charge from your investment representative by calling 800-243-2729 or by clicking on the applicable fund at www.vlfunds.com. Please read it carefully before you invest or send money. There are risks associated with investing in small and mid cap stocks, which tend to be more volatile and less liquid than stocks of large companies, including the risk of price fluctuations. Past performance is no guarantee of future results. Value Line Mutual Funds are distributed by EULAV Securities LLC.
Value Line, Value Line logo, timeliness, safety are trademarks or registered trademarks of Value Line Inc and or its affiliates in the United States and other countries. Used by permission.
