KEELEY All Cap Value Fund
Investment Objective
Seeks long-term capital appreciation through investments in small, mid and large capitalization companies that we believe are undervalued, but have a stable or improving earnings record and sound finances.
Investment Philosophy
Our philosophy is to deliver above average long-term results, while reducing portfolio risk through the application of a disciplined, opportunistic, and unique investment strategy. Our investment team uses a bottom-up, fundamental approach to stock selection focusing the majority of the portfolio on companies undergoing internal corporate restructuring.
Risk
Smaller and medium-sized company stocks are more volatile and less liquid than larger more established company securities.
Investment Focus
Fund Profile - as of December 31, 2011
| Total Net Asset | $75,635,666 |
| Number of Holdings | 65 |
| Gross Expense Ratio (Class A Shares) | 1.60% |
| Waiver/Expense Reimbursement* | -0.21% |
| Gross Expense Ratio (Class I Shares) | 1.35% |
| Waiver/Expense Reimbursement* | -0.21% |
| Net Expense Ratio* | |
| KACVX | 1.39% |
| KACIX | 1.14% |
| Asset Allocation % | |
| Equity | 100.0 |
| Cash & Equivalents | 0.0 |
| *The Adviser has contractually agreed to waive a portion of its fee or reimburse the Fund to the extent that total operating expenses during the current fiscal year exceed 1.39% for Class A shares, and 1.14% for Class I shares. The waiver for the All Cap Value Fund is in effect through January 31, 2012. | |
Rankings
Not available.