SEATTLE--(EON: Enhanced Online News)--The Smead Value Fund (Investor Share Class: SMVLX) (Institutional Share Class: SMVMX) recently hit $500 million in assets under management. This milestone reflects continuing demand from RIAs and brokerage firms in a sector generally seeing outflows.
“It’s a joy to know that our clients appreciate what we do”
“It’s a joy to know that our clients appreciate what we do,” said Bill Smead, Chief Investment Officer of Smead Capital Management. “We believe long-duration common stock investing is scarce. Our comfort comes from the process of attempting to create wealth in the long term.”
“We believe our offering is differentiated in the marketplace and can be of long-term value to investors,” observed Cole Smead, Director of Marketing and Sales, “As we continue to expand our relationships with the major wirehouses and registered investment advisor community, we see opportunity for our business, the advisors we work with and their clients.”
About the Smead Value Fund
The Smead Value Fund (Investor Share Class: SMVLX) (Institutional Share Class: SMVMX) is a large cap open-end mutual fund that was launched on January 2nd, 2008. Seattle-based Smead Capital Management is the Adviser to the Fund. Bill Smead is the Lead Portfolio Manager of the Fund. He is assisted by Co-Portfolio Manager Tony Scherrer. For more information visit http://www.smeadcap.com or call 206-838-9850.
About Smead Capital Management
Smead Capital Management manages large cap portfolios for advisors, family offices and institutions with a value-oriented investment discipline. As of September 30th, 2013, the firm managed $654 million in all accounts, including mutual funds. The firm was formed in July 2007 by CIO Bill Smead, who first created the firm’s investment discipline in 1993. For more information visit http://www.smeadcap.com or call 206-838-9850.
Mutual fund investing involves risk. Principal loss is possible.
The Smead Value Fund’s investment objectives, risks, charges and expenses must be considered carefully before investing. The statutory and summary prospectuses contain this and other important information about the investment company, and may be obtained by calling 877-701-2883 or visiting www.smeadfunds.com. Read carefully before investing.
The Smead Value Fund is distributed by Quasar Distributors, LLC.