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Berwyn Cornerstone Fund Rebrands as Chartwell Mid Cap Value Fund.

BANKING AND CREDIT NEWS-September 7, 2017-Berwyn Cornerstone Fund Rebrands as Chartwell Mid Cap Value Fund


Chartwell Investment Partners announced the rebranding of its Berwyn Cornerstone Fund as Chartwell Mid Cap Value Fund (BERCX), the company said.

Chartwell, a subsidiary of TriState Capital Holdings, Inc. (Nasdaq: TSC), manages the Chartwell Mid Cap Value Fund, which is offered on most major platforms including Fidelity, TD Ameritrade, LPL, Raymond James and Charles Schwab.

The Chartwell Mid Cap Value Fund, which as of June 30, 2017, had USD 23.2 million in total net assets, is designed with the potential to outperform the Russell Midcap Value Index. The fund is constructed using a bottom-up approach to stock selection, and weighs a number of factors including valuation, fundamentals, catalysts and growth prospects.

The Chartwell Mid Cap Value Fund is led by Senior Portfolio Manager David Dalrymple, a founding partner of Chartwell with more than 30 years of demonstrated investment success. In addition to the rebranded fund, the team manages approximately USD 1.8 billion, including a growing base of USD 320 million in mid-cap value assets for Chartwell institutional and retail clients as of July 31, 2017.

In addition to its small- and mid-cap value products, Chartwell and its Berwyn Funds offer equity and fixed income mutual funds and investment strategies to institutional, retail and individual investors. The available funds are the Chartwell Small Cap Value Fund (CWSIX), Chartwell Short Duration High Yield Fund (CWFIX), Berwyn Fund (BERWX), Berwyn Income Fund (BERIX) and recently launched Chartwell Small Cap Growth Fund (CWSGX).

Located in Berwyn, Pennsylvania, since its founding in 1997, Chartwell has successfully grown into a boutique investment management firm with USD 8 billion in assets under management, as of June 30, 2017, and more than 65 professionals. Chartwell is advisor to The Berwyn Funds and Chartwell Mutual Funds. Chartwell provides equity and fixed-income investment strategies to institutional and private clients and clients of wrap fee programs through separate accounts, sub-advisory relationships and mutual funds.

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Publication:M2 Banking & Credit News (BCN)
Geographic Code:1U3IL
Date:Sep 7, 2017
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