AVALX
The fund invests primarily in common stocks that the fund's investment advisor believes are significantly undervalued relative to the market based on fundamental accounting measures including book val...
Is Aegis Value Fund (AVALX) a Strong Mutual Fund Pick Right Now?
The article from Zacks Equity Research analyzes Aegis Value Fund (AVALX), a Small Cap Value fund, and gives it a Zacks Mutual Fund Rank of 3 (Hold). It highlights the fund's strong 5-year annualized total return of 28.84% and 3-year return of 27.81%, placing it in the top third of its category. The fund is managed by Scott L. Barbee since its inception in 2000 and has $862.91 million in assets. While its performance is strong, the expense ratio of 1.38% is higher than the category average of 1.15%. The fund has shown lower volatility than its peers over the past three years but slightly higher over the past five. Its beta of 0.85 suggests it's less volatile than the market. The article concludes that despite the higher fees, the fund's performance makes it a noteworthy option for investors seeking a Small Cap Value fund.