Angel Oak Multi-Strategy Income Fund extends expense limit to May 2013

By Toni Weeks

San Diego, Dec. 30 - Valued Advisers Trust announced in a 497 filing with the Securities and Exchange Commission that its current expense limitation agreement for the Angel Oak Multi-Strategy Income Fund has been extended through May 31, 2013.

The agreement with Atlanta-based Angel Oak Capital Advisors, LLC, the fund's investment adviser, limits certain operating expenses of the fund to 2%.

The fund also announced it has modified its principal investment strategies so that it may utilize certain derivative instruments, primarily options, swaps and futures, in order to manage risks associated with the fund's portfolio holdings.

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