Commenting on the support offered, Huntington Asset Services president Joseph Rezabek said that the company should be able to deal with an array of operational and regulatory issues while launching a new mutual fund.

BRC Investment Management unveiled an open-ended fund, also known as Large Cap Focus Equity Fund, with a strategy to achieve long-term capital appreciation that will exceed the S&P 500(R) Index by investing in 30-35 sector diversified equity securities.

The All-Cap Growth Fund, which was rolled out by Mitchell Capital Management, seeks capital appreciation and invests primarily in a portfolio of diversified common stocks, generally consisting of 25-50 security positions.

Mitchell Capital Management vice president and portfolio manager Jonn Wullschleger commented, "The Valued Advisers Trust gave us a streamlined approach to successfully launch our fund and deliver the customer-centric performance our clients have come to expect from us."

Operating as a wholly owned subsidiary of Huntington Bancshares, the services provider offers fund administration, accounting, transfer agency, compliance, distribution and custody for clients with combined assets of more than $45bn.