A mid-cap value fund is a collective investment vehicle that concentrates investments in stocks that are considered mid-cap.

Although the definition varies between investment companies, mid-cap stocks are generally considered to be stocks issued by companies with market capitalizations between $2 billion and $10 billion.

The goal of the Mid-Cap Value Fund is to identify mid-market companies that are undervalued by the market and have good growth potential. In the process of increasing the value of the fund, these profits are shared by all investors in the fund.