The fund is a diversified portfolio of mid-cap value stocks managed with an absolute return orientation. Similar to the Vaughan Nelson Small Cap Value Fund, the new fund seeks long-term capital appreciation with an emphasis on absolute return, according to a release. Both funds pursue a bottom-up investment strategy focused on identifying undervalued stocks.
Vaughan Nelson Value Opportunity Fund seeks investments in the market cap range of $1 billion to $20 billion, while the Small Cap Value Fund invests in companies ranging in size from $100 million to $5 billion.
Vaughan Nelson Value Opportunity Fund is managed by Chris D. Wallis, Scott J. Weber and Dennis G. Alff. Wallis and Weber have also co-managed the Vaughan Nelson Small Cap Value Fund (NEFJX) since 2004.
More information is available at www.ga.natixis.com.