When a mutual fund manager buys primarily undervalued stocks for the fund's portfolio with the expectation that these stocks will increase in price, that fund is described as a value fund. A value fund may be limited to stocks of a certain size, such as those included in a small-cap value fund, or it may include undervalued stocks with diff [..]

Definition A mutual fund that invests in companies which it determines to be underpriced by fundamental measures. Assuming that a company's share price will not remain undervalued indefinitely, t [..]

A mutual fund that primarily holds value stocks (stocks deemed to be undervalued in price). The premise of value investing is that the market has inherent inefficiencies that enable companies to trade at levels below what they are actually worth. In theory, once the market corrects these inefficiencies the value investor will see the share price ri [..]

  A mutual fund that invests in companies whose assets are considered undervalued, or in companies that have turnaround opportunities, such as those with lower P/E ratios. volatility.