The Forecast Management Group of Mayfield Heights, Ohio filed a preliminary prospectus March 13 with the Securities and Exchange for the Solanus Family of Funds, a group of four no-load, sub-advised value-oriented funds.
The new family will include the Solanus Premier Value Plus Fund, Solanus Blended Equity Fund, Solanus Dynamic Equity Fund and Solanus Forcased Equity Fund. The funds will charge a 1.30 percent management fee and a 1.00 percent 12b-1 fee, according to the prospectus.
All of the funds will be managed for long-term capital appreciation and are appropriate investments for 401(k) and other tax sheltered plans, according to the prospectus.
The Solanus Premier Value Plus Fund will invest in large cap stocks that are considered undervalued relative to their existing market valuations. The Solanus Dynamic Equity Fund will invest in U.S. stocks of all capitalization ranges that are considered undervalued. The Solanus Blended Equity Fund will invest in companies with market capitalizations greater than $1 billion that are considered good long-term growth opportunities. The Solanus Focused Equity Fund will invest primarily in blue chip companies that the sub-advisor considers undervalued, but will also invest a portion of its holdings in small cap technology stocks that are considered to have strong growth potential.
