KNOXVILLE, Tenn., Dec. 11, 2013 /PRNewswire/ -- BPV Capital Management ("BPV") announced today that as of December 1, 2013, the BPV Family of Funds would decrease advisor class fees from 1.65 percent to 1.25 percent on the Advisor Shares classes of the BPV Wealth Preservation Fund (BPAPX) and the BPV Core Diversification Fund (BPADX).
This reduction in fees, which has been occurring in the industry over the past year, responds to the needs of advisors and their clients – a key part of BPV's mission to help investors retire well.
"We decided to make this change because we sincerely believe in serving the best interest of our advisors and their clients," said Mike West, Senior Partner and CEO of BPV. "Our new fee structure is the appropriate action for us to take, both as a company and as investors ourselves."
With this reduction in fees, BPV has furthered their commitment to providing alternative fixed income solutions to benefit all investors first through the creation of appropriate asset allocation strategies, and furthered by this reduction in advisor fees. BPV recognizes that the current investment environment has created greater demand for alternative fixed income solutions, and BPV is committed to making them accessible.
BPV Capital Management is an investment manager of mutual funds. BPV was founded on the premise that investors and their interests should come first. Not superficially, but as a core value. Not in just words, but in action. As such, BPV's decisions are based on protecting and honoring the interests of investors. Our tagline – Thoughtful, Consistent, Disciplined Investing – originates from years of investing and a strict adherence to unwavering principles. BPV offers products and services to individuals, corporations and institutional investors in the U.S. For more information on BPV, visit www.bpvcapitalmgmt.com or call 877-819-2188.
The BPV Family of Funds are distributed by ALPS Distributors, Inc. ALPS Distributors, Inc. is not affiliated with BPV Capital Management, LLC.
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.
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.
SOURCE BPV Capital Management