Friday, March 30, 2007
A New Addition
by Company Press Release
Aston Asset Management, LLC (Aston) has launched a new
mutual fund the Aston/River Road Small-Mid Cap Fund – N
Class (ARSMX).
In making the announcement, Stuart Bilton, CEO of Aston stated,
“We are excited to offer another outstanding product to investors
that is subadvised by River Road Asset Management. This Fund
will allow investors the opportunity to take advantage of River
Road’s strategy of finding companies with little analyst coverage
that possess attractive business models.”
Andrew Beck, President of River Road Asset Management, LLC
(River Road), commented, "We are looking forward to enhancing
our partnership with Aston. They have done a tremendous job
distributing our Small Cap Value Fund (that is closed to
investors) and our Dynamic Equity Income Fund, and we believe
we will find the same success with the Small-Mid Cap product."
River Road Small-Mid Cap (SMID) strategy invests in wellmanaged,
financially strong companies that are trading at a
meaningful discount to River Road’s assessed absolute value.
They further target companies with predictable, sustainable
business models that are undiscovered, under-followed or
misunderstood by traditional Wall Street research firms. River
Road’s stock selection process is complemented by a risk averse
approach that employs a strict sell discipline.
Bilton commented, “We are pleased to be working again with the
three senior members of River Road Asset Management. Based
on their track record with the Aston/River Road Small Cap Value
Fund and the Aston/River Road Dynamic Equity Income Fund,
we are confident that the Aston/River Road SMID Fund will be
attractive to our investors. As with all of our small and mid cap
funds, we will be conservative in determining capacity limits for this product.”
The Fund will be managed by James C. Shircliff, CEO and Chief
Investment Officer at River Road; Andrew Beck, President of
River Road; and Henry W. Sanders, III, Executive Vice President of River Road .
Aston, headquartered in Chicago, Illinois, is a diversified
institutional based investment management firm. River Road, a
subadviser to Aston Funds, is a Louisville, Kentucky based asset manager specializing in value equity portfolios.
River Road also subadvises the Aston/River Road Dynamic
Equity Income Fund (ARDEX) which seeks high current income
and long term capital appreciation by investing in a diversified
multi-cap portfolio of income producing equity securities with
yields that the portfolio managers believe will exceed the Russell
3000 Index.
The minimum investment for Aston/River Road Small-Mid Cap
Fund is $2,500. The Fund can be purchased directly, or through a
variety of investment platforms and financial advisors. The fund
is intended for investors who can tolerate the risks involved with
investing in small to mid- capitalization companies which may
experience greater volatility and less liquidity. For more
information on the Aston Funds, please visit
www.astonasset.com.
Investors should consider the investment objectives, risks,
charges and expenses of the Aston Funds carefully before
investing. Investing in securities of small and mid-cap companies
may involve greater risk than investing in securities of larger,
more established issuers. Please call 800-992-8151 for a
prospectus which contains this and other information about the
funds. Read it carefully before you invest or send money. Aston
Funds are distributed by PFPC Distributors, Inc.
Past performance is not a guarantee of future results. Investment
return and principal value will fluctuate and it is possible to lose
money by investing.
NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE
VALUE. |
