YOVLX – Yorktown Small-Cap L Investment Strategy | Morningstar

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Strategy

The investment seeks to achieve long term capital appreciation. The fund seeks to achieve its investment objective by investing in U.S. listed securities with market capitalization within the range of the targeted benchmark, the Russell 2000 Index. Under normal circumstances, it invests at least 80% of its assets (plus the amount of any borrowings for investment purposes) in small cap companies. The fund may hold up to 15% of its assets in American Depositary Receipts (ADRs). Typically, it invests in approximately 40-60 stocks that pass the fund's Investment Manager's stringent quantitative and fundamental criteria.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
YOVIX	Yorktown Small-Cap Fund Institutional Class	Institutional	Open			May 9, 2016	$23.79M	1.350%	High	$1M	$1.66M
YOVAX	Yorktown Small-Cap Fund Class A	Front Load	Open			May 9, 2016	$1.83M	1.600%	High	$1,000	−$69,049.06
YOVLX	Yorktown Small-Cap Fund Class L	Level Load	Open			May 9, 2016	$9.20M	2.350%	High	$1,000	−$916,340.39

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