Smead Capital Management has announced that its Smead Value Fund (SMVLX, SMVMX) recently gathered $100 million on its way to $400 million in assets under management, as a result of partnerships with RIA’s and brokerage firms.

The 5-star rated fund is a large-cap open-end mutual fund that was launched on January 2, 2008. It is up 19.8% year-to-date through June 30 versus 13.8% for the S&P 500.

Bill Smead, chief investment officer of Smead Capital, said the fund is in “the 3rd inning of a long game” and that he feels the firm’s best opportunity for further growth over the next three years is to expand its relationship with wealth managers in the major wirehouses and the registered investment advisor community.

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