KNOXVILLE, Tenn., July 23, 2014 /PRNewswire/ -- BPV Capital Management ("BPV") announced today that the BPV Low Volatility Mutual Fund ("Fund") (BPVLX) has passed a milestone of $25 million in assets under management. The Fund, which launched in February, is a hedged equity strategy that seeks to provide institutional investors and advisors with controlled risk and a targeted return.
"We are pleased that the BPV Low Volatility Mutual Fund has achieved this landmark," said Mike West, Senior Partner and CEO of BPV. "This Fund was created after listening to our advisors and their challenges, so it is very rewarding to see the market respond so quickly."
The Fund holds a broad-based equity portfolio, and portfolio managers employ a variety of options strategies in an attempt to mitigate risk and generate potential returns.
The company also announced today that the BPV Low Volatility Mutual Fund is now widely available on more than 20 platforms including Schwab, Fidelity, TD Ameritrade, Wells Fargo, MSCS, Reliance Trust and LPL.
"We are excited to see that the Fund is becoming more and more accessible to financial advisors, wealth managers and their clients," said George Hashbarger, Jr., CEO and Portfolio Manager for BPV Funds sub-advisor Quintium Advisors. "The Fund is currently available on a variety of platforms, and we're seeing growing interest from other platforms only four months after the launch."
The BPV Family of Funds includes the BPV Core Diversification Fund (BPVDX), the BPV Wealth Preservation Fund (BPVPX), the BPV Low Volatility Mutual Fund (BPVLX), and the BPV Large Cap Value Fund (BPVAX). The funds provide a range of potential solutions that seek a risk-managed approach across a variety of strategies and asset classes.
BPV Capital Management is built on the simple belief that all investors deserve the ability to retire well. In our view, every individual should have the ability to achieve his or her own back porch vista through careful planning and saving. In our evolution from family office, to advisory firm, to manager of a family of funds, we've sat in every chair at the table, which means that we have a unique understanding of the challenges each member of the BPV family faces. For more information on BPV, call 877-819-2188 or visit backporchvista.com.
The BPV Family of Funds are distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with BPV Capital Management, LLC, Schwab, Fidelity, TD Ameritrade, Wells Fargo, MSCS, Reliance Trust, LPL, and Quintium Advisors.
An investor should consider investment objectives, risks, charges and expenses carefully before investing. Request a prospectus which contains this and other information by calling toll free (855) 784-2399 or visiting www.bpvfunds.com. Read the prospectus carefully before investing or sending money.
The investment objective of the BPV Low Volatility Fund is to simultaneously seek capital preservation while generating long-term capital appreciation. The investment objective of the BPV Core Diversification Fund is to seek long-term capital appreciation. The investment objective of the BPV Wealth Preservation Fund is to simultaneously seek capital preservation while generating long-term capital appreciation. The investment objective of the BPV Large Cap Value Fund is to seek long-term capital appreciation.
Mutual fund investing involves risk. Principal loss is possible. ETFs are subject to risks similar to those of stocks including those regarding short selling and margin account maintenance. Diversification does not eliminate the risk of experience investment losses. There is no assurance that this investment strategy will consistently lead to successful investing.
The BPV Low Volatility and BPV Large Cap Value Funds are new and have a limited operating history.
Important Risk Disclosure for the BPV Low Volatility and Wealth Preservation Funds
The Fund's use of options involves risks different from, or possibly greater than, the risks associated with investing directly in securities and other traditional investments. By securities investing in options, the Fund is subject to the risk of counterparty default, as well as the potential for unlimited loss.
Fixed income investments are subject to credit risk, which is the risk that a specific issuer of a fixed income security may default on its obligations to security holders. An economic downturn or an increase in interest rates may have a negative or adverse effect on an issuer's ability to timely make payments of principal and interest. Increases in interest rates typically lower the present value of a company's future earnings stream. Accordingly, bond prices will generally decline when investors anticipate or experience rising interest rates.
Important Risk Disclosure for the BPV Core Diversification Fund
Foreign investing involves special risks such as currency fluctuations and political uncertainty.
Investments in ETFs and other registered investment companies subject the Fund to pay its proportionate share of those funds' fees and expenses.
Commodity-related risks include production risks caused by unfavorable weather, animal and plant disease, and geologic and environmental factors. Furthermore, investments related to gold and other precious metals and minerals may fluctuate sharply over short periods of time and are considered speculative and are affected by a variety of worldwide economic, financial, and political factors.
Funds that emphasize investments in smaller companies generally experience greater price volatility.
Important Risk Disclosure for the BPV Large Cap Value Fund
The share price of the Fund changes daily based on the performance of the securities in which the Fund invests, the selection of which is determined primarily by a quantitative model.
The ability of the Fund to meet its investment objective is directly related to the ability of the quantitative model to measure accurately value indicators or other factors and appropriately react to current and developing market trends. There can be no assurance that the use of the quantitative model will enable the Fund to achieve positive returns or outperform the market, and if the quantitative model fails to accurately evaluate market risk or appropriately react to current and developing market conditions, the Fund's share price may be adversely affected.
Securities prices can be volatile, and the value of securities in the Fund's portfolio may decline due to fluctuations in the securities markets generally
The prices of equity securities will fluctuate – sometimes dramatically – over time, and the Fund could lose a substantial part, or even all, of its investment in a particular issue. Undervalued stocks include stocks that the Sub-Adviser believes are undervalued and/or are temporarily out of favor in the market. If these stocks are not undervalued, or they continue to be out of favor in the marketplace, then the Fund may suffer losses.
The Fund was formed in 2014, and while the investment strategy of the Fund is similar to the other registered investment companies sub-advised by the Sub-Adviser, investors in the Fund bear the risk that the Fund may not be successful in implementing its investment strategy.
SOURCE BPV Capital Management