Smead International Value Fund Class A (SVXAX)

Overview

This fund is designed for investors looking to diversify their portfolio with international exposure. The fund primarily targets non-U.S. markets by investing at least 80% of its net assets, including funds borrowed for investment purposes, in the stocks of companies located outside the United States. The focus is predominantly on large-cap companies in developed countries, reflecting a strategy aimed at tapping into the growth potential of established markets around the world. The fund is guided by an investment objective that it seeks to achieve through a concentrated portfolio approach, maintaining about 25-30 companies in its portfolio at any given time. This allows for a focused yet diverse exposure to international large-cap stocks. Despite this level of concentration, the fund categorizes itself as non-diversified, which could mean higher volatility or risk since the investment is less spread out across a broad range of securities.

Products and Services

• International Stock Investment

  This service consists of investing in the common stocks of non-U.S. companies, primarily in developed countries. By allocating at least 80% of its net assets into large-cap stocks outside the U.S., the fund aims at providing investors with a gateway to international market dynamics and growth opportunities. The focus on developed markets is intended to mitigate some of the risks associated with investing in foreign securities, while still offering the potential for significant returns.

• Concentrated Portfolio Management

  The fund operates with a concentrated portfolio strategy, maintaining approximately 25-30 companies in its investment roster. This approach allows for significant investments in what the adviser believes are high-potential stocks, aiming for impactful contributions to the fund's overall performance. However, it also means that the fund may carry a higher risk due to its non-diversified status, as the performance of fewer securities has a greater effect on the fund’s overall results.