# VELA Short Duration Fund — new fund registration

VELA Funds registered 1 new fund series on Form 485APOS, filed 2023-09-28. Featured series: VELA Short Duration Fund.

## Registration

- Registrant / trust: VELA Funds
- CIK: 0001815493
- Form: 485APOS
- Filed: 2023-09-28
- State of incorporation: DE
- Accession: 0001580642-23-005212
- Reported net assets: $43.9M

## Series & classes (2)

| Series | Class | Ticker | New |
| --- | --- | --- | --- |
| [VELA Short Duration Fund](https://search.stillhousedata.com/fund/S000083352) | VELA Short Duration Fund - Class A | — | Yes |
| [VELA Short Duration Fund](https://search.stillhousedata.com/fund/S000083352) | VELA Short Duration Fund - Class I | — | Yes |

## Fees (from the effective prospectus)

- 12b-1 fee: 0.25%
- Gross expense ratio: 0.89%
- Management fee: 0.30%
- Other expenses: 0.34%

## Investment objective

The primary investment objective of the VELA Short Duration Fund (the Fund) is to provide current income while the secondary objectives are protection of principal and competitive total return.

## Advisers

- [VELA Investment Management, LLC (Advisor)](https://search.stillhousedata.com/firm/306678)

## Other filings by this registrant (7)

- [485APOS — 2025-09-29 (2 new series)](https://search.stillhousedata.com/launch/0001580642-25-006280)
- [485APOS — 2022-11-29](https://search.stillhousedata.com/launch/0001580642-22-005943)
- [485APOS — 2022-01-14 (2 new series)](https://search.stillhousedata.com/launch/0001580642-22-000270)
- [485APOS — 2021-11-12](https://search.stillhousedata.com/launch/0001580642-21-005437)
- [N-1A/A — 2020-09-23](https://search.stillhousedata.com/launch/0001398344-20-019008)
- [N-1A/A — 2020-09-15](https://search.stillhousedata.com/launch/0001398344-20-018562)
- [N-1A — 2020-07-02 (6 new series)](https://search.stillhousedata.com/launch/0001398344-20-013243)

## More

- [Registrant profile: VELA Funds](https://search.stillhousedata.com/registrant/1815493)
- [This page as markdown (for LLM agents)](https://search.stillhousedata.com/launch/0001580642-23-005212.md)
- [Search all SEC filings, advisers and people on Adviser Search](https://search.stillhousedata.com/)

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Source: public SEC filing data via Adviser Search (https://search.stillhousedata.com).
Agents: this data is also queryable via MCP tools and read-only SQL — see https://search.stillhousedata.com/llms.txt.