Formula Investing Funds (each a series of FundVantage Trust) were created to provide investors access to Joel Greenblatt and Robert Goldstein's value weighted investing methodologies. Joel Greenblatt is the author of the New York Times best-selling book, The Little Book That Beats the Market (John Wiley & Sons, 2005) and more recently, The Big Secret for the Small Investor (Crown Business, 2011).
There are two domestic and two international equity funds available for Individuals, Advisors and Institutions. These funds are available directly to investors through numerous "No Transaction Fee" platforms at major brokerage firms or directly through the fund family. In addition, many Advisors now have access to these funds – ask your Advisor for more information.
Joel Greenblatt and Robert Goldstein are the Co-CIOs of Gotham Asset Management, LLC, the Advisor to these funds.
U.S. Funds
This fund selects 75 - 125 stocks from the 1400 U.S. stocks with the largest market capitalizations. Stocks are selected and weighted most heavily toward those stocks that are priced at the largest discount to various measures of value. These measures may include assessments of earnings yield and return on capital as well as other value and risk factors. The portfolio is re-balanced regularly to adjust for changes in individual stock prices and fundamental company information. The fund chooses stocks from a proprietary database researched and maintained by a team of analysts at Gotham Asset Management.
| Ticker | Cusip | Class | Minimum Investment | Inception Date | Factsheet | Documents | Performance | Third-Party Info |
| FNSAX | 360873574 | No-Load Class A | $5,000 | November 3, 2010 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |
| FNSIX | 360873558 | No-Load Class I | $1,000,000 | December 13, 2011 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |
This fund selects 800 – 1000 stocks from the 1400 U.S. stocks with the largest market capitalizations. Stocks are selected and weighted most heavily toward those stocks that are priced at the largest discount to various measures of value. These measures may include assessments of earnings yield and return on capital as well as other value and risk factors. The portfolio is re-balanced regularly to adjust for changes in individual stock prices and fundamental company information. The fund chooses stocks from a proprietary database researched and maintained by a team of analysts at Gotham Asset Management.
| Ticker | Cusip | Class | Minimum Investment | Inception Date | Factsheet | Documents | Performance | Third-Party Info |
| FVVAX | 360873616 | No-Load Class A | $5,000 | November 3, 2010 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |
International Funds
This fund selects 75 - 125 stocks from approximately 26 countries, excluding the U.S.. Stocks are selected and weighted most heavily toward those stocks that are priced at the largest discount to various measures of value. These measures may include assessments of earnings yield and return on capital as well as other value and risk factors. The portfolio is re-balanced regularly to adjust for changes in individual stock prices and fundamental company information. The fund chooses stocks from a proprietary database researched and maintained by a team of analysts at Gotham Asset Management.
| Ticker | Cusip | Class | Minimum Investment | Inception Date | Factsheet | Documents | Performance | Third-Party Info |
| FNAAX | 360873517 | No-Load Class A | $5,000 | December 17, 2010 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |
| FNAIX | 360873483 | No-Load Class I | $1,000,000 | June 30, 2011 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |
This fund selects 300 - 500 stocks from approximately 26 countries, excluding the U.S.. Stocks are selected and weighted most heavily toward those stocks that are priced at the largest discount to various measures of value. These measures may include assessments of earnings yield and return on capital as well as other value and risk factors. The portfolio is re-balanced regularly to adjust for changes in individual stock prices and fundamental company information. The fund chooses stocks from a proprietary database researched and maintained by a team of analysts at Gotham Asset Management.
| Ticker | Cusip | Class | Minimum Investment | Inception Date | Factsheet | Documents | Performance | Third-Party Info |
| FNVAX | 360873541 | No-Load Class A | $5,000 | December 17, 2010 | Factsheet | Prospectus & Reports | Click Here | Morningstar® |