Value Line is planning to introduce a Smaller Companies Fund, the company disclosed in a filing on Thursday.

The manager of the fund, Stephen Grant, will invest in domestic securities with market capitalizations of $1.5 billion or less.

The management fee on the fund will be 75 basis points, and 12b-1 fees will be 25 basis points. Officials did not provide other fees or total operating expenses in the filing.

Value Line currently offers 13 funds. 

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