Cullen Capital Management Announces The Launch Of The Cullen Small Cap Value Fund
2009年10月6日 - 10:00PM
ビジネスワイヤ(英語)
Cullen Capital Management announces the launch of the Cullen
Small Cap Value Fund, which began offering shares on October 1,
2009. The Fund's objective is long-term capital appreciation.
The Cullen Small Cap Value Fund invests in companies with market
capitalizations under $4 billion at the time of purchase, utilizing
Cullen's long-standing value investment discipline. This value
strategy includes seeking out companies that are attractively
priced on a valuation basis (i.e. Price/Earnings and Price/Book)
with specific opportunities to increase earnings and cash flow and
compound value over time. The Fund can invest up to 30% of the
portfolio in companies headquartered outside of the United States,
whether in the form of American Depository Receipts or local
ordinary shares.
"Historical studies have shown that small cap stocks have
demonstrated above average price performance over time, and this
has been our experience as well, especially as we have applied our
value discipline to this category of companies. The timing is also
interesting, as small cap stocks have often outperformed exiting a
bear market," said James P. Cullen, president, founder and
portfolio manager of the fund's adviser Cullen Capital Management.
"There are always risks to investing in smaller companies," he
cautioned. "But we feel that our long-standing focus on high
quality businesses with strong financial positions, coupled with
extensive original research and strategic diversification across
industries and companies can help mitigate those risks."
"We believe the Cullen Small Cap Value Fund will make the
strategy accessible to a wide base of investors, recognizing that
small cap is often a smaller allocation in an individual's overall
financial plan," said Brooks H. Cullen, vice president and
co-portfolio manager for the Cullen Small Cap Value Fund.
"The small cap strategy allows us to invest in many companies
with leading market positions and global scale, but that have
smaller capitalizations because they serve niche product or
geographical markets. We think these attributes will serve
companies well in the economic conditions that are likely to
persist over the next several years, and we continue to find
appealing valuations,” said Carl W. Gardiner, vice president and
co-portfolio manager for the Cullen Small Cap Value Fund.
The Fund is now available via five share classes: a no-load
Retail Class trading under ticker (CUSRX and cusip 230001851),
Class C shares available through financial advisors and
intermediaries (CUSCX and cusip 230001844), Class I institutional
shares (CUSIX and cusip 230001836), Class R1 retirement shares
(CUSSX and cusip 230001828) and Class R2 retirement shares (CUSTX
and cusip 230001810).
Cullen Capital Management was founded in March 2000 and serves
as the advisor to the Fund as well as the Cullen High Dividend
Equity Fund and Cullen International High Dividend Fund. The firm
also serves as subadvisor to the Pioneer Cullen Value Fund. Cullen
Capital Management, as well as its affiliated registered investment
advisory firm, Schafer Cullen Capital Management which James P.
Cullen co-founded in 1983, directly manage or sub-advise $9.6
billion as of 8/30/2009 for mutual fund clients as well as
separately managed account clients which include foundations,
pensions, endowments and individuals/families.
The fund's investment objectives, risks, charges and expenses
must be considered carefully before investing. The prospectus
contains this and other important information about the investment
company, and it may be obtained by calling 877.485.8586, or
visiting http://www.cullenfunds.com/ . Read it
carefully before investing.
Past performance is not a guarantee of future results. While the
fund is no-load, management and other expenses still apply. Please
refer to the prospectus for further details.
The Fund invests in foreign securities which involve greater
volatility and political, economic and currency risks and
differences in accounting methods. ADRs are subject to the risks of
foreign investments. Small- and Medium-capitalization companies
tend to have limited liquidity and greater price volatility than
large-capitalization companies.
The Price to Earnings (P/E) Ratio reflects the multiple of
earnings at which a stock sells.
The Price to Book (P/B) Ratio compares a stock's market value to
the value of total assets less total liabilities.
The Cullen Funds are distributed by ALPS Distributors, Inc.
Cullen Capital Management, LLC
Web site: http://www.cullenfunds.com/
CONTACT: To obtain additional information about this Fund or to
schedule a time to speak with one of the investment professionals
mentioned here, please contact: Scott C. Tanner of Millennium Media
Consulting,+1-703-519-1922, SCTanner33@aol.com, for Cullen Capital
Management; or Brooks H. Cullen, VP of Cullen Capital Management,
+1-212-843-0506, bcullen@schafer-cullen.com
CUL000111, Exp 9/30/10
i Schafer Cullen Capital Management, Inc., 2009
Cullen Small Cap Value Fund Class C (MM) (NASDAQ:CUSCX)
過去 株価チャート
から 7 2024 まで 8 2024
Cullen Small Cap Value Fund Class C (MM) (NASDAQ:CUSCX)
過去 株価チャート
から 8 2023 まで 8 2024