The Board of Trustees of the Altrius Small Cap Value Fund, a series of the Northern Lights Fund Trust, has decided to liquidate the fund on December 28, according to a Securities and Exchange Commission filing.

The fund was launched last July and currently manages some $13.5 million. It is managed by James Russo, who founded Altrius in 1997 and serves as the firm’s chief investment strategist. Prior to founding Altrius, he served as a naval aviator in the United States Marine Corps, according to the firm’s website, which does not list any other funds.

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