The Broadview Opportunity Fund is newly launching on November 2013. The fund acquired all of the assets and liabilities of FMI Focus Fund in exchange for shares of the Broadview Opportunity Fund. The fund tends to invest in stocks of companies of all sizes, but primarily invest in small- to medium-capitalization, which indicates less than $5 billion, United States companies that have substantial capital appreciation potential. Richard E. Lane will be the PM and Broadview Advisors serves as the investment adviser for the fund. Lane has been a PM of FMI Focus Fund from 1997 until the reorganization. [SEC Filing] 

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