Virtus KAR Small-Cap Core Fund Class I

Typically, the fund allocates at least 80% of its total assets to common equity shares of companies with small market capitalizations. Its primary goal is to achieve long-term capital growth within the small-cap segment, while concurrently striving for a risk level that is below that of the broader small-capitalization market. The subadviser meticulously selects a concentrated portfolio of small-cap companies, targeting those it assesses as possessing durable competitive strengths and available at what it considers favorable valuations.