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Smead Value Fund launches Class A shares

The Smead Value Fund has launched its A Share Class (SVFAX) effective 24 January 2014.

According to the prospectus, the gross expense ratio will be 1.75 per cent, while the net expense ratio will be 1.65 per cent.
“We’re excited to provide more breadth to our offering for the advisors we work with,” says director of marketing and sales Cole Smead. “This will continue to align our work with our partners’ needs. We believe there is immense opportunity in the mutual fund business today and we think this could form more robust fund assets to potentially lower shareholders’ expenses over time.”

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