The team at Charlotte, North Carolina-based Bragg Financial Advisors will be celebrating the fifteenth anniversary of their Queens Road Funds this month. Bragg launched the Queens Road Small Cap Value Fund and the Queens Road Value Fund on June 13th, 2002.

John Bragg III Bragg Financial Advisors Vice president

The firm is under the same management and has the same business strategy as when the funds launched in 2002, John Bragg, vice president of Bragg Financial, tells MFWire. The combined AUM of the funds is $184 million— $141.7 million in QRSVX and $42.3 million in QRVLX.

The Queens Road Small Cap Value Fund (QRSVX) uses bottom-up analysis to create a diversified portfolio of small capitalization companies. Last year in U.S. News and World Report's "best mutual funds" list, the Queens Road Small Cap Value Fund ranked as the top "best fit small value" fund around.

The Queens Road Value Fund (QRVLX) uses the same type of analysis to create a diversified portfolio of valuations from $2 billion and up.

Bragg says that although the small cap value fund has had long term success, the bull market has set the fund behind its benchmark for the past few years.

“We fully expect to trail, but it doesn’t feel good,” Bragg says.

Despite that, Bragg says they are planning a birthday conference call at the end of the month to celebrate the funds’ anniversary.

“It’s a cause for celebration—small fund shops often don’t make it that long,” Bragg explains.

 

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