Eulav Asset Management

EULAV Asset Management (EAM) is a registered investment adviser specializing in managing the Value Line Funds, a family of no-load mutual funds with various investment objectives. Established in 1950, EAM manages assets of approximately $4,785 billion as of October 31, 2024. The firm offers investment services through Separately Managed Accounts (SMAs) and serves as a model provider to Envestnet and SMArtX Advisory Solutions. EAM utilizes fundamental, quantitative, macro-economic, and technical analysis in its investment strategies, relying on Value Line's proprietary research and ranking systems. The firm does not charge performance-based fees or engage in side-by-side management. EAM provides portfolio management services to various clients, including registered mutual funds, individuals, trusts, corporate pension plans, and foundations. The minimum initial investment in Value Line Funds varies by share class, while SMAs generally require a minimum of $100,000. EAM's fee structure is based on a percentage of assets under management, with fees paid directly or debited from client accounts. The firm does not charge commissions or mark-ups and does not engage in soft dollars. EAM has a Best Execution Committee to ensure trading practices are appropriate and does not execute transactions with its affiliated broker-dealer. The firm does not maintain custody of client assets and has procedures in place for proxy voting, trade error correction, and anti-money laundering compliance. EAM prioritizes client privacy and data protection, adhering to strict confidentiality agreements and internal policies. Clients have access to their personal information and can update it as needed.