Westwood SMIDCAP Fund

C000221206 Fund Overview

Westwood SMIDCAP Fund is a US mutual fund managed by Advisors' Inner Circle Fund, categorised as Developed ex-US Real Estate. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Advisors' Inner Circle Fund
• Category: Developed ex-US Real Estate
• Assets under management: $338.87M
• 1-year return: 4.3%
• SEC CIK: 0000878719
• SEC series ID: S000011833
• Share class ID: C000221206

C000221206 Investment Objective and Strategy

Westwood SMIDCAP Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund.

Investment objective

"The investment objective of the Westwood SMidCap Fund (the ""Fund"") is to seek long-term capital appreciation."

Principal investment strategy

"Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of small- and mid-cap companies. This investment policy may be changed by the Fund upon 60 days' prior written notice to shareholders. The Fund considers small-and mid-cap companies to be those companies within the market capitalization range of the Russell 2500 Index at the time of initial purchase. While the market capitalization range of the Russell 2500 Index changes throughout the year, as of the most recent annual reconstitution of the index on June 23, 2017, the market capitalization range of the companies in the index was between $10 million and $28.1 billion. The equity securities in which the Fund invests are primarily common stocks, but may also include shares of exchange-traded funds (""ETFs""), real estate investment trusts (""REITs""), royalty trusts, and master limited partnerships (""MLPs"").

The Fund generally invests in securities of domestic companies, but may also invest in equity securities of foreign companies and American Depositary Receipts (""ADRs""). In the event the Fund invests in foreign securities or ADRs, the Adviser expects that the Fund's investment in such securities would normally represent less than 15% of the Fund's assets. The Fund invests in approximately 45-75 securities that are well diversified among market sectors. The Adviser utilizes a value style of investing and selects securities for the Fund that it believes are currently undervalued in the market and offer an attractive opportunity for price appreciation coupled with downside risk limitation. Key metrics for evaluating the risk/return profile of an investment may include strong free cash flow, an improving return on equity, a strengthening balance sheet and, in the case of common equities, positive earnings surprises without a corresponding change in the stock price.

The Adviser has disciplines in place that serve as sell signals, such as a security reaching a predetermined price target, a change to a company's fundamentals that makes the risk/return profile unattractive, or a need to improve the overall risk/return profile of the Fund. The Adviser will not necessarily sell a security that has appreciated or depreciated outside the Fund's target capitalization range."

C000221206 Performance

Total returns for C000221206 (as of 2026-10-01), from SEC filings.

C000221206 Risk Information

Risk metrics for C000221206, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 4.3%

C000221206 Costs and Fees

C000221206 costs about $68 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.68%
• Gross expense ratio: 1.02%
• Portfolio turnover: 69%
• Brokerage commissions: 19.18 bps of average net assets (SEC N-CEN)

C000221206 Cashflows

Over the 12 months to 2021-10, Westwood SMIDCAP Fund had net inflows of $231.42M, from monthly SEC N-PORT filings.

C000221206 Debt Constituents

No individual debt constituents are reported in Westwood SMIDCAP Fund's latest SEC N-PORT filing.

C000221206 Prospectus and SEC Filings

Official Westwood SMIDCAP Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2021-02-26
• Prospectus (485BPOS) — filed 2020-08-19
• Prospectus (485BPOS) — filed 2020-03-19
• Portfolio holdings (N-PORT) — filed 2021-12-28
• Portfolio holdings (N-PORT) — filed 2021-09-28
• Portfolio holdings (N-PORT) — filed 2021-06-28
• Annual census (N-CEN) — filed 2022-01-13
• Annual census (N-CEN) — filed 2021-01-14

Related Funds

Other Developed ex-US Real Estate funds tracked on ABC INVEST:

• Vanguard Global Ex-U.s. Real Estate Index Fund (VGRLX)
• Xtrackers International Real Estate ETF (HAUZ)
• Fidelity International Real Estate Fund (FIRAX)
• SPDR® Dow Jones International Real Estate ETF (RWX)
• Third Avenue International Real Estate Value Fund (REIZX)

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.