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 1,700 stocks. Since our founding over 60 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 70 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 sized 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 90 years. The Value Line Timeliness rank measures probable relative price performance of approximately 1,700 stocks during the next six to 12 months on an easy-to-understand scale of 1 to 5.
For more on the Value Line ranking systems, we encourage you to click on our website 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 is experiencing current financial difficulty or engaged in products or services that hold less and less interest to consumers or businesses, these companies remain in the portfolio solely because they are an index component. Judgment is not 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 that we have managed money. Since our founding over 70 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.
