Effective March 1, 2019, The Fund changed the minimum initial investment to $50,000 (formerly $500,000). Mondrian Investment Partners Limited (the “Advisor”) has contractually agreed to waive fees and reimburse expenses to the extent necessary to keep Total Annual Fund Operating Expenses (excluding interest, taxes, brokerage commissions, acquired fund fees and expenses and non-routine expenses) from exceeding 0.90% of the Fund’s average daily net assets until February 28, 2021.
London, UK, December 17, 2018 – Mondrian Launches U.S. Small Cap Equity Strategy as a Mutual Fund
Mondrian Investment Partners Limited announced the launch of the Mondrian U.S. Small Cap Equity Fund, an active value-oriented defensive strategy.
The Fund seeks long-term capital appreciation, benchmarks against the Russell 2000 and invests in U.S. securities below $4 billion in market capitalization.
“Mondrian’s sole focus is on a disciplined value investing style,” said Mondrian Investment Partners’ CEO Clive Gillmore. “The Fund will leverage our fundamental income-oriented research-driven value analysis to seek opportunities in the U. S. small cap market.”
According to Brendan Baker, Senior Portfolio Manager of Mondrian Investment Partners, “The Fund will focus on well managed companies with robust balance sheets and attractive valuations and a preference for businesses with high recurring revenue streams, potentially offering greater earnings visibility.”