The new mutual find will offer investors a strategy that considers small- and mid-cap companies with market capitalizations between $2bn and $15bn, said the company.
According to the Westwood, the WHG SMidCap Plus Fund will be offered in an institutional share class with a total expense ratio capped at 1%.
The new fund will by managed by the same Westwood investment team that handled recently closed WHG SMidCap Fund (WHGMX).
Westwood offers investment management services to institutions, mutual funds and high net worth clients.
Westwood Holdings Group manages investment assets and provides services for its clients through two subsidiaries, Westwood Management and Westwood Trust.
