Chartwell Mid Cap Value Fund
The Chartwell Mid Cap Value Fund (BERCX) emphasizes companies with market capitalizations that are mid-cap in size and that exhibit strong growth, profitability, and financial strength characteristics.
The investment objective of the Chartwell Mid Cap Value Fund (BERCX) seeks long-term capital appreciation.
Fund Portfolio Composition
AS OF MARCH 31, 2019
Performance data quoted here represents past performance. Past performance is no guarantee of future results. Investment fund and principal value of an investment will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than the original cost. Current performance may be lower or higher than the performance data cited. Current month end data is available at www.chartwellip.com. Returns for less than a year are not annualized. A redemption fee of 1.00% will be imposed on redemptions of Fund shares owned less than 30 days.
The Fund acquired the assets and liabilities of the Berwyn Cornerstone Fund (the "IMST Predecessor Fund"), a series of Investment Managers Series Trust, on July 17, 2017. The IMST Predecessor Fund acquired the assets and liabilities of the Berwyn Cornerstone Fund (the "Berwyn Funds Predecessor Fund," and together with the IMST Predecessor Fund, the "Predecessor Funds"), a series of the Berwyn Funds, on April 29, 2016. As a result of the organizations, the Fund is the accounting successor of the Predecessor Funds. Performance results shown reflect the performance of the IMST Predecessor Fund for the period from April 29, 2016 through July 17, 2017, and the performance of the Berwyn Funds Predecessor Fund for the period prior to April 29, 2016. The Predecessor Funds' past performance is not necessarily an indication of how the Fund will perform in the future. The Fund's principal investment strategies differ from those of the Predecessor Funds; therefore, the performance and average annual total returns shown for periods prior to the reorganization may have differed had the Fund's current investment strategy been in effect during those periods.
Russell Midcap Value: an Index that measures the performance of those Russell Midcap companies with lower price/book ratios and lower forecasted growth values. The stocks are also members of the Russell 1000® Value Index.
Investors cannot invest directly in an index.
Top Ten Holdings
Figures unaudited. For informational purposes only. Holdings are subject to change at any time.
On July 17, 2017 the Berwyn Cornerstone Fund was reorganized in the Chartwell Mid Cap Value Fund, which has a similar, but not identical, investment objectives, as well as different investment strategies and risks.
Fund Dividend Information
Please visit our dedicated Fund Distributions Page for more information on the Chartwell Mid Cap Value Fund’s annual dividends.
Mutual Fund investing involves risk, including the potential loss of principal. Mid-Cap securities may be subject to more abrupt market movements and may have lower trading volumes than securities of larger, more established companies. Value investing is subject to the risk that the market will not recognize a security’s inherent value, or that a stock judged to be undervalued may actually be appropriately priced or overvalued. Foreign securities involve greater currency valuation, economic, political, and regulatory environment risk relative to U.S. securities. The Fund may invest in ETFs and therefore would be 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 a non-diversified fund which may present greater risks than a diversified fund that invests in a greater number of issuers.
Check the background of these investment professionals on FINRA's BrokerCheck.