Great Falls, M.T.-based Davidson Investment Advisors has launched its second mutual fund, dubbed the Davidson Small/Mid Equity Fund, to complement its maiden offering, the Davidson Multi-Cap Equity Fund.

According to Edward Crotty, chief investment officer and portfolio manager at Davidson Investment Advisors, the fund is managed by a team of seven investment professionals and focuses on “an intense, research-driven approach of small and medium size companies that are largely undiscovered and/or misunderstood in the marketplace."

The fund charges a management fee of 75 basis points.

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