BERWYN, Pa.--(BUSINESS WIRE)--Chartwell Investment Partners, a subsidiary of TriState Capital Holdings, Inc. (NASDAQ: TSC), announced the launch of its Chartwell Small Cap Growth Fund. The Chartwell Small Cap Growth Fund (CWSGX) is available to individual investors and through major investment platforms, including Charles Schwab, TD Ameritrade, Vanguard and Pershing.
The Chartwell Small Cap Growth Fund is a broadly diversified equity fund and is designed with the potential to outperform the Russell 2000 Growth Index. The portfolio sector weightings are derived from a bottom-up, fundamental investment approach. The new fund offers the opportunity to invest in the growth strategy led by Senior Portfolio Manager Frank Sustersic, CFA, who has 28 years of established investment success.
Sustersic leads the Chartwell small- and mid-cap growth team, where members’ tenure with the group averages more than 12 years. As of June 30, 2017, Sustersic’s team managed more than $400 million in assets under management (AUM) for Chartwell institutional and retail clients.
“With the addition of the Chartwell Small Cap Growth Fund, we focus on identifying and investing in companies with specific competitive advantages and the ability to produce organic revenue growth, while generating stable to higher operating margins,” said Sustersic. “Ideally, each investment will have a specific catalyst that could increase its growth profile such as a new product launch or an acquisition.”
Sustersic has an established track record of achieving significant alpha for investors by consistently outperforming market benchmarks and leading high-performing teams of investment professionals. Previously, he was a portfolio manager at Lazard Asset Management for its US Small Cap Growth Equity Fund, and before that served in a small-cap equity portfolio management position with Turner Investment Partners. Sustersic began his career as a portfolio manager at First Fidelity Bank Corporation after earning his bachelor’s degree in economics from the Wharton School of the University of Pennsylvania.
“We’re pleased to have Frank leading the Chartwell Small Cap Growth Fund and our growth equity team,” said Chartwell Managing Partner and Chief Executive Officer Tim Riddle. “We’re committed to providing the support and resources necessary to ensure that our small- and mid-cap growth products with sustainable growth companies offer an attractive risk/reward profile while aiming to meet and exceed our clients’ expectations which have been built on the long-term results of the Chartwell franchise.”
In addition to its small- and mid-cap growth products, Chartwell and its Berwyn Funds offer equity and fixed-income mutual funds and investment strategies to institutional, retail and individual investors. The available funds are the Chartwell Small Cap Value Fund (CWSIX), Chartwell Short Duration High Yield Fund (CWFIX), Berwyn Fund (BERWX), Berwyn Income Fund (BERIX) and Chartwell Mid Cap Value Fund (BERCX).
ABOUT CHARTWELL INVESTMENT PARTNERS
Located in Berwyn, PA, since its founding in 1997, Chartwell has successfully grown into a boutique investment management firm with $8 billion in assets under management, as of June 30, 2017, and more than 65 professionals. Chartwell is adviser to The Berwyn Funds and Chartwell Mutual Funds. Chartwell provides equity and fixed-income investment strategies to institutional, private clients and clients of wrap fee programs through separate accounts, sub-advisory relationships and mutual funds. For more information on Chartwell, the investment management subsidiary of Tri-State Capital Holdings, Inc. (NASDAQ: TSC), please visit https://www.chartwellip.com/.
Important Disclosures:
An investor should consider the investment objectives, risks, and charges and expenses of the Fund carefully before investing. The Fund's prospectus contains this and other information about the Fund and should be read before investing. The Fund's prospectus may be obtained by downloading it from the Fund's web site or by calling 1-888-995-5505.
Mutual fund investing involves risk, including the potential loss of principal. The Chartwell Small Cap Growth Fund invests in foreign securities which involves certain risks such as currency volatility, political and social instability and reduced market liquidity. Growth securities typically are very sensitive to market movements, particularly over the short term. Small-cap investing involve greater risk not associated with investing in more established companies, such as greater price volatility, business risk and less liquidity. From time to time, the Fund may invest a significant amount of its total assets in certain sectors of the economy, which may be subject to specific risks, like changes in governmental regulation and policy and changes in market sentiment. The Fund invests in ETFs (Exchange-Traded Funds) and is therefore subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly. The Fund is newly organized and has limited operating history.
Distributed by Foreside Fund Services, LLC.
