Morningstar

VELA Investment Management Mutual Funds

View all of VELA Investment Management’s mutual funds and start searching for your next investment. Below are pre-screened investment lists to kickstart the process. All lists can be further sorted by data points such as Morningstar Ratings, Total Return Rankings, Fee Level Rating and Morningstar Category.

VELA Investment Management Mutual Funds List

1 to 11 of 11 Results

Name
Ticker
Morningstar Category
Morningstar Rating for Funds
Overall
Portfolio ESG Risk Rating
Total Return
YTD
Total Return Rank in Category (Day End)
YTD, Day End
Adjusted Expense Ratio
Fee Level
Distribution
Share Class Type
Minimum Initial Investment
VELA International Fund Class IVEITXForeign Small/Mid Value
6.33%811.100%Above AverageInstitutional$2,500
VELA Small Cap Fund Class IVESMXSmall Blend
1.95%981.090%HighInstitutional$2,500
VELA Small Cap Fund Class AVESAXSmall Blend
1.77%981.340%Above AverageFront Load$1,000
VELA International Fund Class AVEILXForeign Small/Mid Value
6.10%831.350%AverageFront Load$1,000
VELA Large Cap Plus Fund Class IVELIXLarge Blend
−0.06%980.950%HighInstitutional$2,500
VELA Large Cap Plus Fund Class AVELAXLarge Blend
−0.24%981.200%HighFront Load$1,000
VELA Income Opportunities Fund Class IVIOIXModerately Aggressive Allocation
2.79%960.840%Above AverageInstitutional$2,500
VELA Income Opportunities Fund Class AVIOAXModerately Aggressive Allocation
2.59%981.090%Above AverageFront Load$1,000
Vela Short Duration Fund - Class AVASDXShort-Term Bond—
1.10%130.890%HighFront Load$1,000
VELA Small-Mid Cap Fund Class IVSMMXMid-Cap Value—
0.61%961.040%HighInstitutional$2,500
Vela Short Duration Fund - Class IVESDXShort-Term Bond—
1.29%100.640%HighInstitutional$2,500

VELA Investment Management Funds - Default List Criteria

This list shows only funds that are open to new purchases or limited and does not include funds that are closed to new investments.

Quick Definitions: Key Morningstar Terms

  • Category

    A category is a way to group investments based on similar risk, return, and behavior profiles.

  • Morningstar Medalist Rating for Funds

    The Morningstar Medalist Rating for funds is a five-tier system used to assess a fund's ability to outperform its Morningstar Category index after fees.

  • Morningstar Rating™ for Funds

    The Morningstar Rating for Funds, often referred to as the Star Rating, measures a fund’s past performance compared to similar funds on a risk-adjusted basis.

  • Percentile Rank

    Percentile rank is how an investment’s return, risk, or other metric compares with other investments in its Morningstar Category.

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