Investment Objective: Long-term growth of capital.
Morningstar Category: Small Value
Investment Strategy: The Fund invests primarily in common stocks of small-size companies that the Fund’s adviser Foresters Investment Management Company, Inc. believes are undervalued, and generally invests in companies that are experiencing a “special situation” that makes them undervalued relative to their long-term potential. Developments creating special situations may include mergers, spin-offs, litigation resolution, new products or management changes. The Fund may also invest in stocks of mid-size or large companies. The Fund also may invest in exchange-traded funds (ETFs) to gain exposure to stocks.
2018 Third Quarter Fund Commentary