If you're primarily seeking long-term growth of capital, also want low to moderate current income, and can tolerate the possibility of a decline in the value of your investment, then The Value Line Fund may be ideal for you. Besides offering long-term growth, the Fund also offers:

• Highly Regarded Expertise Value Line is one of the nation's most respected investment research firms. Value Line also furnishes investment advisory services to private and institutional accounts with combined assets currently in excess of $5 billion. The Value Line Fund gives you access to this same knowledge and same resources.

• No Sales ChargeThe Value Line Fund is available with no sales charges or commissions and no redemption fees.

• Free Exchange Privileges You may transfer all or part of your investment into any of the 14 other investment portfolios in the Value Line Family of Funds.

• Retirement Planning for IRAs and Other Qualified Plans.You may purchase The Value Line Fund for your IRA or other qualified plans and watch any earnings accumulate tax-deferred.

• Low Minimum Investment $1,000; $100 for each additional investment. The Fund offers an automatic investment plan—Valu-Matic^®—for investors who want to start and maintain a regular investment program.