NEW YORK, NY– March 18, 2019– DCM Advisors, LLC (“DCM”), an SEC registered investment advisor, announced today, that it has received shareholder approval for its appointment as the new investment advisor for the Centaur Total Return Fund (TILDX)(the “Fund”). DCM was appointed as the new investment advisor by the Board of Trustees of the Centaur Mutual Funds Trust in November 2018 and has served as interim investment advisor for the Fund, since November 16, 2018.
Additionally, effective March 7, 2019, DCM has entered into an expense limitation agreement with the Fund under which it has agreed to reduce the amount of the investment advisory fees to be paid to DCM by the Fund and to assume other expenses of the Fund, if necessary, in an amount that limits the Fund’s annual operating expenses (exclusive of interest, taxes, brokerage commissions, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund’s business, dividend expense on securities sold short, “acquired fund fees and expenses,” and amounts, if any, payable pursuant to a plan adopted in accordance with Rule 12b-1 under the Investment Company Act of 1940, as amended (“1940 Act”)) to not more than 1.50% of the average daily net assets of the Fund for the period ending February 28, 2021, as outlined in the Prospectus dated February 28, 2019. Total Annual Fund Operating Expenses (gross) is reflected as 1.95% and Total Annual Fund Operating Expenses after Fee Reductions and/or Expense Reimbursements is 1.64%. Prior to the fee reduction, Total Annual Fund Operating Expenses (gross) were reflected as 2.70% and Total Annual Fund Operating Expenses after Fee Reductions and/or Expense Reimbursements was 2.09%. Information regarding the Centaur Total Return Fund may be obtained at: www.dcmmutualfunds.com.
Andrew Greenstein, Acting Chief Executive Officer of DCM, stated “We are excited to have received shareholder approval to become the investment advisor to the Fund. We are also pleased to announce this significant fee reduction for the Fund. We believe the Fund’s past history, combined with the new lower fee structure and our experienced portfolio management team, will make the Fund attractive to a broader range of potential investors.”
About DCM Advisors, LLC
DCM Advisors, LLC (DCM) is an SEC registered investment advisory firm. DCM provides asset management and wealth advisory services to institutions, registered investment advisors, family offices and high net worth individuals. Additionally, DCM is affiliated with Lisanti Capital Growth, LLC (Lisanti), a certified woman-owned and managed SEC registered investment advisor specializing in US small- and small/mid-cap (SMID) equity growth investing. DCM and Lisanti collectively manage approximately $450 million in assets. For more information about DCM, please visit www.dcmadvisors.com or email firstname.lastname@example.org.
For Questions or Inquiries, please contact:
Andrew Bockstein Jason Circelli
SVP, Head of Distribution Investment Sales Associate
DCM Advisors, LLC DCM Advisors, LLC
(917) 386-6273 or (561) 302-8464 (917) 386-6270 or (845) 803-5155
Investors should carefully consider the investment objectives, risks, and charges and expenses of the Fund before investing. The prospectus contains this and other information about the Fund, and it should be read carefully before investing. Investors may obtain a copy of the prospectus by calling 888-484-5766.
The Centaur Total Return Fund is distributed by Ultimus Fund Distributors, LLC.
Investing involves risk, including loss of principal. There is no guarantee that the Fund will meet its investment objective.