Possibly wrong explanation in doc: "Templates may live in subdirectories"

In developer guide located at http://jakarta.apache.org/velocity/developer-
guide.html, explanation regarding with "<name>.resource.loader.path"
says "Templates may live in subdirectories of this root."

Following this guidance, I created a subdirectory within root directroy which
is set with "file.resource.loader.path" in velocity.properties. Then put
mytemplate.vm file in subdirectory. After I ran my application, Velocity threw
a ResourceNotFoundException. When I put mytemplate.vm into root directory, it
works fine.