Smid 30 Fund
The Cambiar Smid 30 Fund was launched in May 2011. The Fund seeks long term capital preservation. The Fund also seeks to outperform the Russell 2500 and Russell 2500 Value Index.
Portfolio Characteristics
The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Expense ratio is 6.79% (gross); 1.36% (net). Contractual fee waiver in effect until September 1, 2012. Absent these waivers, total return would be reduced. The Russell 2500® Index measures the performance of the 2,500 smallest companies in the Russell 3000 Index. The Russell 2500® Value Index measures the performance of those Russell 2500 companies with lower price-to-book ratios and lower forecasted growth values. The Russell Indices returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.
The Fund charges a 2.00% redemption fee on redemptions of shares held for less than 90 days.
- The mutual fund vehicle of Cambiar's long-standing relative value approach.
- Bottom-up, relative value investment process that favors undervalued companies that possess a catalyst for future growth.
- Invests in small and mid-sized companies with market capitalization up to $12 billion at the time of purchase.
- The Fund holds between 25-35 stocks.
The performance data quoted represents past performance and does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. Expense ratio is 6.79% (gross); 1.36% (net). Contractual fee waiver in effect until September 1, 2012. Absent these waivers, total return would be reduced. The Russell 2500® Index measures the performance of the 2,500 smallest companies in the Russell 3000 Index. The Russell 2500® Value Index measures the performance of those Russell 2500 companies with lower price-to-book ratios and lower forecasted growth values. The Russell Indices returns do not reflect any management fees, transaction costs or expenses. Individuals cannot invest directly in an Index.
The Fund charges a 2.00% redemption fee on redemptions of shares held for less than 90 days.
| Quarterly Performance as of 9.30.11 | |||
|---|---|---|---|
| CAMMX | Russell 2500 | Russell 2500 Value | |
| 4Q11 | 22.75% | 14.52% | 15.45% |
| Since Inception | -14.20% | -11.77% | -10.15% |
Inception Date: 5.31.2011
Mutual Fund: Cambiar Smid 30 Fund
Ticker: CAMMX
Share Class: Investor
Inception Date: 5.31.2011
Minimum Initial Investment: $100,000 (IRA $25,000)
Ticker: CAMMX
Share Class: Investor
Inception Date: 5.31.2011
Minimum Initial Investment: $100,000 (IRA $25,000)
- Cambiar SMID 30 Fact Sheet Read about the performance, characteristics and portfolio breakdown for the Fund.
- CAMMX - Summary Prospectus
- SMID 30 - Prospectus
- SMID 30 - Statement of Additional Information (SAI)