Offering includes Advisor Series
TORONTO, Jan. 24 /CNW/ - Saxon Financial Inc. (TSX: SFI) has launched three new small cap funds: Saxon Microcap Fund, Saxon U.S. Small Cap Fund, and Saxon Global Small Cap Fund. Each fund is available to institutional and retail investors, including clients purchasing the new Advisor Series through a financial advisor.
Extending Saxon's 22-year small cap value investing expertise, Saxon Microcap Fund currently focuses on Canadian companies with a capitalization of less than $150 million. Among the few true microcap funds in Canada, Saxon Microcap Fund is further distinguished by being the only such fund managed according to the principles of value investing.
Saxon U.S. Small Cap Fund and Saxon Global Small Cap Fund provide investors with the opportunity to capture the historic outperformance of small caps. Global research indicates small caps have added returns of 3% to 5% per year over benchmark indices over the long term, and provide greater exposure to industry sectors not well represented among large caps.
"The addition of these three specialty small cap funds to the Saxon family gives investors greater performance potential and diversification benefits," said Allan Smith, President and CEO. "Our statistically grounded, bottom-up investment process will be used to select undervalued stocks among the vast offerings of small caps in Canada and around the world."
The new Saxon funds apply the same investment discipline that has earned Saxon the reputation for delivering upside performance at relatively low levels of risk in the management of Saxon Small Cap. Saxon Small Cap was chosen for Morningstar's Analyst Picks List, "the highest honour we can bestow on a fund", according to Morningstar.
Additional information about each fund is available in the simplified prospectus which is available at the Canadian Securities Administrators System for Electronic Document Analysis and Retrieval (SEDAR) web site: www.sedar.com.
About Saxon Financial Inc. (www.saxonfinancial.ca)
Saxon Financial Inc. is one of Canada's most respected value style investment management firms. The Company has three principal lines of business: Saxon Funds Management Limited, which manages a family of high-performing mutual funds; Howson Tattersall Investment Counsel Limited, an institutional asset management business; and Howson Tattersall Private Asset Management Inc., a private client asset management business.
About Morningstar Fund Analyst Picks
The Morningstar Fund Analyst Picks are designed to be one element in helping investors decide whether a particular mutual fund is right for them. However, as every investor's personal circumstances and portfolio needs differ, Morningstar does not recommend or endorse particular funds for purchase/sale to any particular individual. Morningstar Fund Analyst Picks are subject to change daily. The list is updated regularly to reflect fund cappings, manager changes, and other issues that arise; formal reviews are conducted every quarter.
Commissions, trailing commissions, management fees and expenses all may be associated with mutual fund investments. Please read the prospectus before investing. Mutual funds are not guaranteed, their values change frequently and past performance may not be repeated.