The open-end mutual fund will be administrated by the founder, CEO, and CIO of SouthernSun Michael Cook, said the firm.
The fund invests the capital in such firms which are in demand in the current market scenario and their financial position is strong, so that they can yield good return over the next 3-5 years.
Currently, the fund has invested in only those conglomerates, whose headquarters are based in the US and prefers to support the firms with fare management teams.
According to the investment firm, it decisions are based on scientifically conducted research, which assist it uncover investment opportunities which may be overlooked or misunderstood by the market.
"We believe that the Fund provides investors greater access to a long-running strategy while, at the same time, maintaining our focus on our core strengths and prudent allocation of internal resources," Cook said.
Founded in 1989, SouthernSun Asset Management is a research-driven investment management firm, which provides US small cap equity and US SMID cap equity investment strategies to the clients.
