The Litman Gregory Masters Smaller Companies Fund has made a roster change.
Effective December 1, Turner Investments was added as a sub-advisor, and Frank Sustersic was added as a portfolio manager, to the fund, according to a Securities and Exchange Commission
The new sub-advisor replaced outgoing Copper Rock Capital Partners and PM Tucker Walsh. The fund’s remaining sub-advisors currently include Cove Street Capital, Friess Associates, First Pacific Advisors and Wells Capital Management.
The 3-star rated fund launched in June 2003 and currently manages some $69.9 million in assets. It has an expense ratio of 154 basis points