Compelo Banking is using cookies

We use them to give you the best experience. If you continue using our website, we'll assume that you are happy to receive all cookies on this website.

ContinueLearn More
Close
Dismiss

Cullen Capital Launches New Small Cap Value Fund

Fund invests in companies with market capitalizations under $4 billion at the time of purchase

Cullen Capital Management has launched ‘Cullen Small Cap Value Fund’ and began offering shares from October 1, 2009. The fund’s objective is long-term capital appreciation.

Reportedly, the Cullen Small Cap Value Fund invests in companies with market capitalizations under $4 billion at the time of purchase. This value strategy includes seeking out companies that are attractively priced on a valuation basis (Price/Earnings and Price/Book) with specific opportunities to increase earnings and cash flow and compound value over time. The company has said that the fund can invest up to 30% of the portfolio in companies headquartered outside of the US, whether in the form of American Depository Receipts or local ordinary shares.

According to Cullen Capital Management, the fund is available via five share classes: a no-load Retail Class trading under ticker, Class C shares available through financial advisors and intermediaries, Class I institutional shares, Class R1 retirement shares and Class R2 retirement shares.

Brooks Cullen, vice president and co-portfolio manager for the Cullen Small Cap Value Fund, said: “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.”

Carl Gardiner, vice president and co-portfolio manager for Cullen Small Cap Value Fund, said: “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.”