Latest news with #KCM


The Star
18 hours ago
- Business
- The Star
MYTV Mana-Mana offers premium TV content ‘priced for Malaysians'
Malaysians can now look forward to even more local and international content with the launch of MYTV Mana-Mana Premium, at an affordable RM6.90 a month. This upgrade comes two years after the introduction of the local over-the-top (OTT) streaming platform that provides free digital content across a range of genres including news, entertainment, lifestyle and education. With the premium option now available, MYTV Broadcasting – the company behind the platform – offers not just 22 live TV channels and 22 live radio stations, but also video-on-demand content and MYTV original shows. And importantly, the premium version comes without advertisements, providing viewers an uninterrupted experience. At the official launch of the service in Kuala Lumpur recently, group chief executive officer of MYTV Broadcasting, Mohamad Helmi Harith, stressed that the introduction of the premium model does not mean the end of the free service. 'Yes, today we're launching MYTV Mana-Mana Premium – but I want to make one thing very clear – the free version, which is already available, is still here and will continue to be here for everyone to enjoy,' he said. 'That remains our commitment because MYTV Mana-Mana was created for all Malaysians, from every walk of life.' He added: 'Now, for those who want more – more choices, more live TV channels, more original content and more on-demand shows – we're unlocking the next level. 'MyTV Mana-Mana Premium is our way of offering a richer experience at an affordable price.' 'Priced for Malaysians' Proudly stating that the platform is 'made for Malaysians and priced for Malaysians', it offers three subscription plans, all of which allow access across four devices. Users can opt to pay RM6.90 for one month, RM19.90 for three months or RM74.90 for a full year. An additional premium package is also available, priced slightly higher with more features, at RM9.90 monthly, RM28.90 for three months and RM106.90 annually. 'Premium entertainment doesn't have to come with a premium price,' said Syaffandi Shahrom, acting chief operating officer of MYTV Broadcasting. 'MYTV Mana-Mana Premium is built for families, students and individuals alike whether you watch on your mobile, tablet or big screen via Google TV. 'With this low entry rate, we truly hope that everyone from urban areas to rural communities can all enjoy the full offerings of MYTV Mana-Mana Premium.' The platform features a mix of channels that includes KCM, Rock Action, Rock Entertainment, Aniplus, One, Arirang, Global Trekker, CNA, Suke TV and RTM's TV1 and TV2, to name a few. The content spans Hollywood films, local and international dramas, sports, anime, cartoons, travel programmes and documentaries. Check out K-dramas such as 'Oh My Ghost Clients' on the platfrom. Photo: Handout In addition to its live and licensed content, MYTV is investing in original programming under its MYTV Originals banner. Several projects are currently in production, with plans to launch in the coming months. Actor-producer Datuk Rosyam Nor, who is partnering with MYTV through his production company to develop two drama series, welcomed the new platform as a much-needed addition to Malaysia's creative ecosystem. 'I'm grateful that we now have another local platform. This creates more opportunities for Malaysia's creative industry to showcase its content,' he said. His company is preparing two 30-episode dramas, titled Semanis Warda and Musnah Itu Janji. Rosyam Nor says having another platform is good for the creative industry. Photo:KK SHAM/The StarHe shared more information on Musnah Itu Janji at the event. 'It tells the story of a woman who is devastated to learn that she is, unknowingly, a second wife. 'Her heartbreak deepens when she's told that one of her newborn twins has died. 'The truth is the baby was secretly given to the first wife, who cannot conceive,' Rosyam said. Another series in the works under the Originals umbrella is Suri Hati Mr Parlimen, said to be inspired by the real-life relationship between singer-actress Bella Astillah and Muar MP Syed Saddiq. The platform is also developing Cinta A.I., a 20-episode series based on a webtoon about a man who uses artificial intelligence to win the heart of his dream girl. Also on the slate are Dua Dunia, which explores the life of a man with two personalities, and Biar Hati Berbicara, a moving drama about a mute girl who is betrayed by her boyfriend. For more information go to or


Business Recorder
12-07-2025
- Business
- Business Recorder
NHP issue: Gandapur seeks PM's backing for ‘innovative' solution
ISLAMABAD: Khyber Pakhtunkhwa Chief Minister Sardar Ali Amin Gandapur has sought Prime Minister's support in out-of-the-box solution to Net Hydel Profit (NHP) issue pending resolution between Wapda and provinces. In a letter to Prime Minister Shehbaz Sharif, he sought his attention to Article 161(2) of the Constitution, which mandates that the net profits earned from a hydroelectric station shall be paid to the entitled province at a rate determined by the Council of Common Interests (CCI). The Kazi Committee Methodology (KCM) was approved by the CCI in January 1991 and to that effect the first payment of Rs. 6 billion was made to the then North-West Frontier Province (NWFP) in 1992. The KCM was also endorsed by the National Finance Commission (NFC), upheld by the Supreme Court of Pakistan in 1997, and repeatedly reaffirmed in CCI meetings held in 1991, 1993, 1997, 1998, 2016, 2018, 2019 and 2022. NHP methodology, power projects' transfer: Wapda, provinces continue to have serious differences Recognizing the financial challenges faced by the GoKP, the Federal Government introduced an 'interim arrangement,' which was duly endorsed by the CCI in 2016. This arrangement provided for NHP payments at a rate of Rs. 1.10/kWh with a 5% annual indexation, incorporated into Wapda's generation tariff, impacting the consumer tariff by approximately 18 paisa per unit. Accordingly, Wapda began making payments to Punjab and Khyber Pakhtunkhwa; however, these payments have not been made consistently as per the agreed arrangement. This has resulted in an outstanding shortfall of Rs. 75 billion for Khyber Pakhtunkhwa. Subsequently, in response to a summary moved by the Provincial Government for the full implementation of KCM, the CCI, in its 37th meeting held on April 24, 2018, constituted a committee under the Deputy Chairman of the Planning Commission (DCPC) to deliberate on the determination of net profit rates in light of CCI decisions. This committee presented its report in December 2019, which was endorsed by the CCI. The report confirmed Rs. 128 billion as Khyber Pakhtunkhwa's rightful share and Rs. 52 billion for Punjab for FY 2016-17, based on KCM. Subsequently, another committee was constituted to propose an 'Out-of-the-Box' solution for the payment of Net Hydel Profit to the entitled provinces. According to the Chief Minister, the 'Out-of-the-box' committee has held five meetings, wherein it was decided that all stakeholders would submit their proposals. The Government of Khyber Pakhtunkhwa has already shared its proposal with the Planning Commission. The Chief Minister further stated that given the severe financial constraints facing the province, it is imperative to expedite the resolution of this matter. He urged the Prime Minister Office to direct the Deputy Chairman of the Planning Commission to convene a meeting of the 'Out-of- the-Box' Committee at the earliest to ensure a just and equitable resolution, hoping that PM's leadership would facilitate this process and be instrumental in securing the rightful share of resources for the people of Khyber Pakhtunkhwa, in line with constitutional provisions and prior CCI decisions. 'I remain confident that, under your (PM Shehbaz Sharif) leadership, we can navigate these challenges and ensure a fair and transparent resolution that upholds the principles of justice and equity for all stakeholders, 'Gandapur added. The KPK government has proposed a second interim arrangement to settle the outstanding dues by increasing the electricity tariff by Rs.1/kWh. Additionally, the province reiterated its earlier stance of transferring the hydro power stations to the respective provinces. Regarding delay in NHP payments, the GoKP argued that Wapda is no longer revenue collecting agency for the power sector, as CPPA-G is acting as a collecting agency of the Federal Government, therefore, the payment should be made by CPPA-G, under Power Division. The government of KP presented following three proposals: Proposal i: payment of NHP by Federal Govt. as guaranteed under Article 161 (2) of the Constitution, Presidential Order No 3, decisions of CCI from 1993 to 2022 and subsequent calculations made by Jehanzeb Committee in the report approved by CCI December 23, 2019. Federal government may consider financing of power component of a hydro power station from PSDP on the analogy of Dam component. So that the revenues generated may be made available for NHP payments to the entitled provinces: Proposal ii: transfer the existing Hydro Power stations, currently owned by Wapda, to the respective provinces, as was previously proposed by GoPb. The Power Generation Policies of 1995 and 2015 otherwise allow transfer of power stations to the provinces. Federal government may pay the outstanding NHP payments as per KCM to the provinces till the transfer of hydro power stations to the provinces. O&M can be retained by Wapda. Proposal III: Till the finalization options, the Federal Government may announce a 2nd interim arrangement of NHP payment by increasing consumer end tariff by Re1/KWh to generate the requisite funds. Provincial government suggests that Instead of Wapda, CPPA-G may directly pay NHP to the entitled provinces through ESCROW account. Copyright Business Recorder, 2025


Business Recorder
10-07-2025
- Business
- Business Recorder
NHP methodology, power projects' transfer: Wapda, provinces continue to have serious differences
ISLAMABAD: The Water and Power Development Authority (Wapda) and provincial governments continue to have serious differences regarding the methodology of Net Hydel Profit (NHP) and the transfer of power projects to respective provinces, sources in the Ministry of Planning, Development, and Special Initiatives told Business Recorder. Sharing the details, sources said that a Technical Committee comprising representatives from Wapda and the provinces is holding discussions to evolve a consensus on a workable formula. During the 5th meeting of the Committee held on January 10, 2025, it was agreed that members would furnish firmed-up proposals to be discussed in the next meeting. Based on input from stakeholders, a report will be submitted to the Council of Common Interests (CCI). KP demands Re1/unit hike: NHP: centre-provinces row reignites As per the decision, the provincial governments, Wapda, and Power Planning and Monitoring Company (PPMC)—representing the Power Division, Ministry of Energy— submitted written comments along with their proposals, which are as follows: Govt of Khyber Pakhtunkhwa (GoKP): The provincial government emphasised to make the payments of NHP as per Kazi Committee Methodology (KCM), which was approved by the National Finance Commission (NFC) in 1988, Federal Cabinet in 1990, and the CCI in 1991, and its validity was further reinforced by the Supreme Court's 1997 judgment in the Gadoon Textile Case and being a constitutional right under Article 161 (2) of the Constitution. The GoKP has proposed a second interim arrangement to settle the outstanding dues by increasing the electricity tariff by Rs.1/ kWh. Additionally, the federal government reiterated its earlier stance of transferring the hydro power stations to the respective provinces. Regarding delay in NHP payments, the GoKP pointed out that Wapda is no longer a revenue collecting agency for the power sector, as CPPA-G is acting as a collecting agency of the federal government; therefore, the payment should be made by CPPA- G, under Power Division. Govt of KP presented following three proposals: (i) payment of NHP by federal government as guaranteed under Article 161 (2) of the Constitution, Presidential Order No 3, decisions of CCI from 1993 to 2022 and subsequent calculations made by Jahanzeb Committee in the report approved by CCI December 23, 2019. Federal government may consider financing of power component of a hydro power station from PSDP on the analogy of Dam component. Proposal ii: so that the revenues generated may be made available for NHP payments to the entitled provinces transfer the existing Hydro Power stations, currently owned by Wapda, to the respective provinces, as was previously proposed by GoPb. The Power Generation Policies of 1995 and 2015 otherwise allow transfer of power stations to the provinces. Federal government may pay the outstanding NHP payments as per KCM to the provinces till the transfer of hydro power stations to the provinces. O&M can be retained by Wapda. Proposal iii: Till the finalization options, the federal government may announce a 2nd interim arrangement of NHP payment by increasing consumer end tariff by Rs. 1/ KWh to generate the requisite funds. Instead of Wapda, CPPA-G may directly pay NHP to the entitled provinces through ESCROW account. By determining wheeling charges based on the rate of power wheeling from Pehru Hydropower Station, PEDO be facilitated to wheel up to 1,500 MW of power, facilitating its sale through electricity wheeling. Water Usage Charges may also be enhanced to Rs. 3/ kWh. Government of Punjab: Government of Punjab mentioned that mandate of the Committee, constituted by CCI in its 41st meeting due to divergent viewpoints on KCM, was later changed through revised minutes by amending the original ToRs; i.e., 'determine an out of box solution/ methodology to determine net hydel profit' to 'propose an out of box solution for the payments of net hydel profit to entitled provinces. Therefore, Punjab maintains that without addressing the methodology issue for NHP calculation under Article 161 (2), NHP payments to the provinces cannot be resolved. As per Article 161 (2) of Constitution, CCI is to determine the revenues from bulk power supply at hydro-electric stations. However, the KCM considers the average basket price, incorporating various energy sources & factors and only accounts for the electricity losses at the point of generation, neglecting additional losses incurred during transmission, distribution, and commercial operations. Therefore, KCM is non-implementable and violative of the Constitution. Power generation mix has shifted significantly over time, with hydel's share decreasing from 60% to 23% and thermal power becoming the dominant source, accounting for 70% of total generation. Besides this, certain factors such as Energy Purchase Price (39% of tariff), Capacity Purchase Price (61% of tariff), Distribution & Supply margins, transmission charges, Market Operation Fee, and Prior Years adjustments, along with various types of taxes, contribute towards the tariff and average unit price of electricity, although these cannot be considered part of the revenue. As per minutes of 41st & 49th CCI meeting, electricity tariff is expected to increase significantly, from Rs.4.50 to Rs.7.50, alongside a rising circular debt projected to reach Rs.7 trillion by 2030. Copyright Business Recorder, 2025


Business Wire
09-07-2025
- Business
- Business Wire
Modern Wealth Acquires Kaye Capital Management, Surpasses $8.5 Billion in AUM
MONTEREY, Calif.--(BUSINESS WIRE)-- Modern Wealth Management ('Modern Wealth'), a registered investment advisory (RIA) firm founded to meet the evolving needs of today's financial professionals and their clients, today announced an asset purchase agreement of El Segundo, California-based Kaye Capital Management ('KCM'), a fee-only RIA with over $700 million in assets under management ('AUM') and an additional $300 million in assets under advisement ('AUA'). KCM offers financial planning and investment management services, along with a dedicated institutional retirement planning business. With this transaction, Modern Wealth surpasses $8.5 billion in AUM and completes its fourth acquisition of 2025. 'KCM joining Modern Wealth marks another significant milestone as we deepen our reach in California, strengthening our ability to deliver comprehensive wealth and retirement solutions for individuals and corporations in one of the nation's most sophisticated markets,' said Jason Gordo, Co‑founder and President of Modern Wealth. 'David and Ken have built an exceptional firm with deep community roots and real expertise across both personal wealth management and institutional retirement planning. Their leadership and local presence sharpens our bench in Los Angeles and contributes to our growing national presence.' Established in 2000, KCM provides wealth management services to a diverse client base of corporate executives, public servants, physicians, attorneys, entrepreneurs, film directors, writers and retirees across California and beyond. The firm also offers institutional retirement planning services for corporations and nonprofit organizations. Led by Ken Watten, CFP®, and David Hilton, AIF®, both of whom join Modern Wealth as managing directors, KCM manages more than $300 million in assets for over 200 households through its individual advisory business and more than $400 million in retirement plan assets for over 400 companies ranging from 50 to 1,000 employees. 'As KCM grew, so did the complexity of running the business. David and I found ourselves spending more time managing the firm and less time doing what we're most passionate about – serving clients,' said Watten. 'Modern Wealth provides the scale and support we need to help our clients navigate the complexities of their financial lives, within a team that shares our values and is working toward a common goal. Joining Modern Wealth gives us the opportunity to continue growing both personally and professionally.' Modern Wealth will integrate KCM's specialized retirement plan services across the firm, providing access to institutional-quality consulting and co-fiduciary services for a range of qualified retirement plans, including 401(k), profit sharing, 403(b), 529 plans and more. These capabilities build on the firm's growing retirement plan advisory business, launched in March 2024 through the asset purchase of Beltz Ianni and led by Michelle Cannan, CPFA™, QKA®, QKC, Managing Director and Head of Company Retirement Plan Services. By bringing KCM's experienced retirement services group into the fold, Modern Wealth enhances its ability to serve business owners and corporate clients with specialized retirement planning solutions. 'Michelle and the Modern Wealth retirement plan services team bring a distinct level of depth and expertise that elevates our offerings for corporations and nonprofit organizations,' added Hilton. 'Their acumen in plan design, compliance and administration will enable us to better serve the sophisticated needs of this client base, delivering institutional-caliber solutions for employers in Southern California and beyond.' By joining Modern Wealth, KCM gains access to a robust wealth management platform that expands its ability to deliver integrated services, including financial planning, tax planning and preparation, estate planning, investment management and more. The firm will also benefit from Modern Wealth's 'Organic Growth Hub,' which offers comprehensive strategies for lead generation, distribution and client onboarding, along with business support resources across marketing, technology, compliance, human resources and operations. KCM's team of four has joined Modern Wealth, and the firm has fully adopted the Modern Wealth brand. This acquisition marks Modern Wealth's third acquisition in California this year, following the asset purchases of Wade Financial Advisory and Planned Asset Management. For more information about Modern Wealth and its comprehensive wealth management services, please visit Modern Wealth Management is a registered investment adviser (RIA) reimagining the delivery of financial advice. Co-Founded by former United Capital executives Gary Roth, Mike Capelle and Jason Gordo, Modern Wealth was designed to anticipate the needs of Americans at every stage in life by providing a full suite of wealth management services carried out by a team of experts specializing in financial planning, tax planning and preparation, estate planning and more. Strategically acquiring high-growth RIAs across the country, Modern Wealth plans to establish regional offices in key locations spanning the United States. To learn more about Modern Wealth's next generation platform and advice delivery model, please email info@ or visit Registration with the U.S. Securities and Exchange Commission does not imply a certain level of skill or training. Past performance is not necessarily indicative of future results.


Miami Herald
24-06-2025
- Business
- Miami Herald
KCM Celebrates Overall 4-Star Morningstar Rating for Small Cap Value Fund
ST. LOUIS, MO / ACCESS Newswire / June 23, 2025 / Kennedy Capital Management LLC (KCM), a specialist in micro, small, and mid-cap investment management services, is proud to announce that its small cap value fund (KVALX) has received an initial 4-Star1 overall Morningstar Rating™. This total return achievement is measured against 477 funds in Morningstar's Small Cap Value Category as of May 31, 2025, and is calculated based on Morningstar Risk-Adjusted Returns. This recognition underscore Kennedy's commitment to delivering strong, risk-adjusted returns over time. The 4-star rating for KVALX is particularly significant given the long-standing success of its underlying investment strategy, which has been a cornerstone of our firm since 1983. The fund benefits from the adept management of Frank Latuda, Jr., CFA®, who has guided the strategy for over two decades, and McAfee Burke, CFA®, who has brought valuable perspective and experience to the portfolio management team in recent years. While the strategy was made available in a mutual fund format in 2022, this Morningstar rating validates its enduring strength and success across both the institutional and retail worlds. Furthermore, as per the NADSAQ2 eVestment™ database, the Small Cap Value strategy ranks in the top quartile for the 1, 3, 5, and 10-year periods ending March 31, 2025, highlighting its consistent outperformance over time. KVALX benefits from the experience of a dedicated centralized team of research analysts. This cohesive team employs a fundamental, bottom-up investment approach, meticulously investigating individual companies within their investable universe. Under the guidance of Mr. Latuda and Mr. Burke, the fund seeks to identify companies across the value spectrum with favorable cash flow values relative to their current market capitalization, aiming for a portfolio with valuations below and growth characteristics at or above those of the benchmark. "We established KVALX with investor demand in mind. The underlying strategy, professionally managed by Frank and McAfee, has long been available to institutional investors but has now been opened up to others," says Don Cobin, CFA®, CEO of KCM. "Achieving a 4-star1 rating for our small cap value fund is a testament to the skill and dedication of our investment team and the consistent application of our disciplined research process. We are proud to offer investors a range of compelling options within the equity space." About Kennedy Capital Management LLC Founded in 1980, St. Louis-based Kennedy Capital Management LLC delivers investment strategies to corporate and public pension funds, endowments, foundations, multi-employer plans, and high-net-worth individuals. As of March 31st, 2025, KCM managed $4.5 billion in assets. The privately held registered investment adviser specializes in the management of small and mid-cap strategies across the growth-value spectrum. KCM integrates environmental, social, and governance (ESG) considerations into its research process and has nearly 20 years' experience managing socially responsible client accounts. For more information, visit or email funds@ 1Past performance is no guarantee of future results. Rating reflects fee waivers in effect; in their absence, the rating may have been lower. Investors should consider the Funds' investment objectives, risks, charges, and expenses carefully before investing. This and other important information is contained in the Funds' full prospectuses and summary prospectuses, which can be obtained by visiting or by calling (833) 737-7788. Please read carefully before investing. Important Risk Information: Equity securities (stocks) are generally more volatile and carry more risk than fixed income securities (bonds) and money market investments. The net asset value per share of the Small Cap Value fund (the Fund) will fluctuate as the value of the securities in the portfolio changes. Common stocks, and funds investing in common stocks, generally provide greater returns over long time periods than fixed income securities. The Fund is comprised primarily of equity securities and is subject to market risk. Stocks may decline due to general market and economic conditions or due to company specific circumstances. The Fund is comprised of small capitalization ("small cap") stocks. Small cap stocks typically carry additional risk, since smaller companies generally have a higher risk of failure, and historically have experienced a greater degree of volatility. Small capitalization companies generally have a greater risk of failure, and their stocks generally have greater volatility than large companies. Mutual fund investing involves risk, including loss of principal. Risks specific to KVALX: Value investing is subject to the risk that the market will not recognize a security's inherent value for a long time or at all. Index definitions and technical terms: The Russell 2000® Value Index is used as the benchmark for the Kennedy Capital Small Cap Value Fund and strategy. The Russell 2000® Value Index measures the performance of small-cap value segment of the U.S. equity universe. It includes those Russell 2000 companies with relatively lower price-to-book ratios, lower I/B/E/S forecast medium term (2 year) growth and lower sales per share historical growth (5 year). The Russell 2000® Value Index is constructed to provide a comprehensive and unbiased barometer for the small-cap value segment. The Index is completely reconstituted annually to ensure new and growing equites are included and that the represented companies continue to reflect value characteristics. You cannot invest directly into an index. © 2025 Morningstar, Inc. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. The Morningstar RatingTM for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The Morningstar Rating does not include any adjustment for sales loads. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10- 3 year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. As of 5/31/25, KVALX was rated against 477 Small Value funds for the 3-year period. KVALX received 4 stars for this period. The Small Value category includes funds that typically invest in small US companies with valuations and growth rates below other small-cap peers. Stocks in the bottom 10% of the capitalization of the US equity market are defined as small cap. Value is defined based on low valuations (low price ratios and high dividend yields) and slow growth (low growth rates for earnings, sales, book value, and cash flow). 2eVestment and its affiliated entities (collectively, "eVestment") collect information directly from investment management firms and other sources believed to be reliable; however, eVestment does not guarantee or warrant the accuracy, timeliness, or completeness of the information provided and is not responsible for any errors or omissions. Performance results may be provided with additional disclosures available on eVestment's systems and other important considerations such as fees that may be applicable. Kennedy Capital Management LLC is an investment adviser registered with the U.S. Securities and Exchange Commission and the adviser to the Funds. The Funds are distributed by IMST Distributors, LLC. Safe Harbor Statement This press release is not intended as a recommendation or as investment advice of any kind, shall not constitute an offer to sell or a solicitation to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer or solicitation or sale would be unlawful prior to registration or qualification under the laws of such state or jurisdiction. All content has been provided for informational or educational purposes only. Cautionary Statement Regarding Forward-Looking Statements This press release contains certain statements that may include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. All statements, other than statements of historical fact, included herein are "forward-looking statements." Although Kennedy Capital Management LLC believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Fund's reports that are filed with the Securities and Exchange Commission. You should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. Other than as required by law, Kennedy Capital Management, Inc. does not assume a duty to update this forward-looking statement. 2025060024 Contact Sarah Burkempersburkemper@ 743-8221 SOURCE: Kennedy Capital Management, Inc.