You may invest in the DCM/INNOVA High Equity Income Innovation Fund through a number of major broker-dealers (listed below) or you can invest directly with the Fund by mail, telephone, or by establishing an account online.
Please read the Fund's prospectus carefully before investing. Please click here to download a prospectus.
If you'd like to open an IRA account, please click here to download the application or open an account online by clicking here. If you'd like to transfer funds from an existing IRA, please complete the appropriate IRA transfer forms. Click here to access and download these documents.
If you'd like to open a SEP-IRA, please click here for the application. If you'd like to transfer funds from an existing SEP-IRA, please complete the appropriate transfer forms. Click here to download these documents.
If you are opening an account online, you can link in your bank account to immediately fund your account. If you have downloaded an application, once you have completed it, you can mail it along with a check to:
Centaur Mutual Funds Trust
c/o Ultimus Fund Solutions, LLC
PO Box 46707
Cincinnati, OH 45246-0707
Alternatively, if you would prefer to wire funds directly, please call 1-888-484-5766 to review wire instructions with a live account representative.
The ticker symbol for the DCM/INNOVA High Equity Income Innovation Fund is TILDX.
The Funds' holdings are disclosed in the Semi-annual and annual reports to shareholders. Links to these reports are available here.
The DCM/INNOVA High Equity Income Innovation Fund originally opened on March 16, 2005, under the name “Tilson Equity Fund.” It was renamed the Centaur Total Return Fund in October 2013.
The DCM/INNOVA High Equity Income Innovation Fund is available via a number of brokers, including the following: Charles Schwab, E*TRADE, Fidelity, Janney Montgomery Scott, JPMorgan Chase, LPL Financial, Penson, Pershing, SEI Trust, Stifel Nicolaus, and Vanguard.
Ultimus Fund Distributors, LLC is not affiliated with the firms above.
The DCM/INNOVA High Equity Income Innovation Fund has an investment minimum of $1,500 ($1,000 under an automatic investment plan), and the minimum additional investment is $100 ($50 under automatic investment plan).
Per the current prospectus, the Fund's gross expenses ratio is 2.95%, and the net expense ratio after contractual fee waivers is 1.63%.
As explained in the prospectus, the Advisor receives an advisory fee equal to an annualized rate of 1.50% of the average daily net assets of the Fund. Pursuant to an expense limitation agreement, the Advisor has agreed to reduce the amount of the investment advisory fees it receives and to assume other expenses of the Fund, if necessary, in an amount that limits the Fund’s “Total Annual Fund Operating Expenses” to not more than 1.50% of the average daily net assets of the Fund for any fiscal year (exclusive of interest, taxes, brokerage commissions, other expenditures which are capitalized in accordance with generally accepted accounting principles, other extraordinary expenses not incurred in the ordinary course of the Fund’s business, Equity expenses on securities sold short, “acquired fund fees and expenses, and amounts, if any, payable pursuant to a plan adopted in accordance with Rule 12b-1 under the Investment Company Act of 1940).
The expense limitation agreement runs through the period ending March 2, 2021. It is expected that the expense limitation agreement will be extended from year to year after the current term, but there is no guarantee.
Purchases may also be made through bank wire orders. To establish a new account, add to an existing account by wire or to get the wire instructions, please call the Fund at 1-888-484-5766, before wiring funds, to advise the Fund of the investment, dollar amount, and the account identification number.
Did you know that you can now open and manage your account online?
Access the My Account portal to set up your online account.Get Started