Global Value Fund (HWGIX)

I SHARES    A SHARES   

The performance data quoted represents past performance and does not guarantee future results. Current performance may be lower or higher. Investment return and principal value of the fund will fluctuate, and shares may be worth more or less than their original cost when redeemed. Click quarter-end or month-end to obtain the most recent fund performance.

Strategy & Objective

The Fund seeks capital appreciation using a disciplined, value investment process. Through our consistent process and independent research, we own companies that we believe are undervalued relative to their tangible assets, have sustainable cash flow and potential for improving business performance. The Fund is well diversified and seeks to own financially strong companies across the globe. The Fund seeks capital appreciation using a disciplined, value investment process. The Fund typically holds 40-80 securities and generally invests in companies with a market capitalization greater than $1 billion.

  • Emphasizes rigorous in-house fundamental research to identify undervalued companies globally
  • Employs a disciplined and repeatable investment process
  • Incorporates multiple perspectives to enhance understanding of risks

Read more about the global value strategy

FUND FACTS
As of 04/30/2017
Ticker HWGIX
Cusip 44134R685
Open to New Investors Yes
Minimum Investment $1,000,000
Inception Date 12/31/2012
Gross Expense Ratio* 4.14%
Net Expense Ratio* 1.10%
Dividend Schedule Annual
Capital Gains Schedule Annual
Size of Fund (millions) $8
Size of Class (millions) $7

* As of 06/30/2016
As of 05/24/2017

CATEGORY: WORLD STOCK
STYLE: LARGE VALUE

INVESTMENT TEAM


Scott McBride, CFA
15 Years with H&W
18 Years of Experience


Judd Peters, CFA
17 Years with H&W
19 Years of Experience


Scott Rosenthal
9 Years with H&W
16 Years of Experience

Mr. McBride, Mr. Peters and Mr. Rosenthal coordinate the day-to-day management of the Global Value Fund portfolio. They also represent the Global Value Fund to current and prospective shareholders.

To view the full investment team, click here.  You will be leaving the mutual fund site and a separate browser window will open to the advisor site.

The Advisor has contractually agreed to waive fees through April 30, 2018.

You should consider the Hotchkis & Wiley Global Value Fund's investment objectives, risks, and charges and expenses carefully before you invest. This and other important information is contained in the Fund's summary prospectus and prospectus, which can be obtained by calling 800-796-5606. Read carefully before you invest.

Mutual fund investing involves risk. Principal loss is possible. The Fund may invest in foreign securities which involve greater volatility and political, economic and currency risks and differences in accounting methods. These risks are greater for emerging markets. The Fund may invest in American Depository Receipts (“ADRs”) and Global Depository Receipts (“GDRs”) which may be subject to some of the same risks as direct investment in foreign companies.

Diversification does not assure a profit nor protect against loss in a declining market.

©2017 Morningstar, Inc. All Rights Reserved. The information contained herein (1) is proprietary to Morningstar (2) may not be copied or distributed and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. Past performance is no guarantee of future performance.

Each Morningstar CategoryTM represents a universe of funds with similar investment objectives. World Stock - an international fund having more than 20% of stocks invested in the United States.

The Morningstar Style BoxTM reveals a fund’s investment strategy. For equity funds the vertical axis shows the market capitalization of the stocks owned and the horizontal axis shows investment style (value, blend or growth).

 

The Hotchkis & Wiley Funds are distributed by Quasar Distributors, LLC