DALLAS--(BUSINESS WIRE)--
Westwood Holdings Group, Inc. (NYSE: WHG) announced the launch of the
WHG SMidCap Plus Fund (WHGPX). The new mutual fund is managed by the
same Westwood investment team as the WHG SMidCap Fund (WHGMX), which was
recently closed to new investors due to the successful growth of
Westwood's SMidCap strategy.
The new WHG SMidCap Plus Fund will offer investors a complementary
strategy that considers small- and mid-cap companies with market
capitalizations between $2 billion and $15 billion. Small to mid size
companies have been an attractive area of the stock market and Westwood
has a long term track record of investing in these securities.
The WHG SMidCap Plus Fund will be offered in an institutional share
class with a total expense ratio capped at 1.00%. Fee waivers are
contractual through February 28, 2013. The total annual operating
expense would otherwise be 1.82%. The fund may be purchased directly
from the fund or through third party mutual fund platforms.
About Westwood
Westwood Holdings Group, Inc. manages investment assets and provides
services for its clients through two subsidiaries, Westwood Management
Corp. and Westwood Trust. Westwood Management Corp. is a registered
investment advisor and provides investment advisory services to
corporate pension funds, public retirement plans, endowments,
foundations, the WHG Funds, other mutual funds and clients of Westwood
Trust. Westwood Trust provides trust services and participation in
common trust funds that it sponsors to institutions and high net worth
individuals. Westwood Holdings Group, Inc. trades on the New York Stock
Exchange under the symbol "WHG."
For more information on Westwood, please visit www.westwoodgroup.com.
For more information on the WHG Funds, please visit www.whgfunds.com.
Mutual fund investing involves risk including loss of principal. There
is no assurance that the fund will meet its stated objectives. There are
specific risks inherent in small cap investing such as greater share
price volatility as compared to other funds that invest in stocks of
companies with larger and potentially more stable market capitalizations.
To determine if a Fund is an appropriate investment for you,
carefully consider the Fund's investment objectives, risk factors,
charges and expenses before investing. This and other information can be
found in the Fund's prospectus, which may be obtained by calling
1-877-FUND-WHG or by visiting our website at www.whgfunds.com.
Please read the prospectus carefully before investing.
The WHG Funds are distributed by SEI Investments Distribution Co.
which is not affiliated with Westwood Management Corp. or its affiliates.
(WHG-G)
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
tucker@hewescomm.com
Source: Westwood Holdings Group, Inc.
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