A Message From Our Funds' President

Mitchell Appel, President of Value Line Funds, discusses a few recent enhancements made to the fund family.


Hello, I’m Mitchell Appel, President of the Value Line Funds. Over the past few years, we’ve been working to streamline the Value Line Fund Family to reflect the needs of today’s investor and marketplace. Over the next few minutes, I’d like to share a few of these enhancements.

As one of America’s oldest mutual fund companies, the Value Line Funds have been helping investors achieve their financial goals for over 60 years. Our goal is to provide easily understood, quality investment products that have the opportunity to provide above average performance with less relative risk over time. This goal is the foundation of our fund family, and we believe the recent changes we have made will only enhance our investment legacy.

First, we’ve repositioned two equity funds into high-conviction, focused strategies, with a fewer number of holdings. By streamlining the Value Line Larger Companies Focused Fund and the Value Line Mid Cap Focused Fund, our Portfolio Managers are able to showcase their best ideas. While the funds’ objectives remain the same, we believe a focused approach provides an opportunity for outperformance over time without impacting the funds’ risk profile.

We’ve also recently launched institutional shares for many of our mutual funds. Now, Financial Advisors and Retirement Plan Professionals and other Individual Investors can choose the appropriate share class to fit their needs. With the introduction of these institutional shares, we believe that we can attract a larger audience of professional buyers who may not have previously considered the Value Line Funds and provide them added value.

Our investment legacy spans more than 60 years, and looking ahead, we’re even more excited about the future for Value Line Funds and the opportunity to thoughtfully grow the fund company. Thanks again for considering the Value Line Funds. We would enjoy speaking with you so please don’t hesitate to call us if you have any questions.