Westwood Management will soon launch a new large-cap value fund. The fund will be a separate string of the Dallas-based firm's Advisors' Inner Circle Fund, according to a report from Dow Jones.
The WHG Large-Cap Value Fund will invest 80% of its net assets in equity securities of large-cap companies, or those with market caps over $3 billion, in an effort to gain long-term appreciation.
The fund will charge a 0.75% advisory fee and will also be offering institutional shares.
The minimum initial investment will be $100,000.
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