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.

The staff of Money Management Executive ("MME") has prepared these capsule summaries based on reports published by the news sources to which they are attributed. Those news sources are not associated with MME, and have not prepared, sponsored, endorsed, or approved these summaries.

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