Westwood Announces Launch of WHG SMidCap Plus Fund

Westwood Holdings Group WHG announced the launch of the WHG SMidCap Plus Fund (WHGPX). The new mutual fund is managed by the same Westwood investment team as the WHG SMidCap Fund (WHGMX), which was recently closed to new investors due to the successful growth of Westwood's SMidCap strategy. The new WHG SMidCap Plus Fund will offer investors a complementary strategy that considers small- and mid-cap companies with market capitalizations between $2 billion and $15 billion. Small to mid size companies have been an attractive area of the stock market and Westwood has a long term track record of investing in these securities. The WHG SMidCap Plus Fund will be offered in an institutional share class with a total expense ratio capped at 1.00%. Fee waivers are contractual through February 28, 2013. The total annual operating expense would otherwise be 1.82%. The fund may be purchased directly from the fund or through third party mutual fund platforms.