1492 Small Cap purchases now allowed via exchange of securities

By Toni Weeks

San Diego, March 28 - The 1492 Small Cap Growth Fund and the 1492 Small Cap Value Fund now allow share purchases via the exchange of an investor's securities, as long as the securities to be exchanged are acceptable to the fund and satisfy applicable investment objectives and policies.

According to a 497 filing with the Securities and Exchange Commission, investors interested in exchanging securities should contact the funds' adviser, 1492 Capital Management, LLC, for instructions on how to submit a written description of the securities to be exchanged. 1492 Capital said it will respond in five days, advising as to whether the securities are acceptable or not. There is no fee for the assessment.

1492 Capital is located in Milwaukee.

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