Westwood SmallCap Growth Fund
Data updated: 2023-09-27
C000229076 — Westwood SmallCap Growth Fund. Real Estate · $25.86M AUM · 0.75% expense ratio · 0.6% 1-yr return. Holdings, fees, performance and SEC filings.
C000229076 Fund Overview
Westwood SmallCap Growth Fund is a US mutual fund managed by Ultimus Managers Trust, categorised as 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: Ultimus Managers Trust
- Category: Real Estate
- Assets under management: $25.86M
- 1-year return: 0.6%
- SEC CIK: 0001545440
- SEC series ID: S000072659
- Share class ID: C000229076
C000229076 Investment Objective and Strategy
Westwood SmallCap Growth Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Ultimus Managers Trust.
Investment objective
The investment objective of the Westwood SmallCap Growth Fund (the Fund or the SmallCap Growth Fund) seeks to achieve long-term capital growth.
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-capitalization companies, which the Fund defines as those companies within the market capitalization range of the Russell 2000 Index at the time of initial purchase. While the market capitalization range of the Russell 2000 Index changes throughout the year, as of the most recent annual reconstitution of the index on December 31, 2022, the market capitalization range of the companies in the index was between $6.07 million and $7.93 billion. The equity securities in which the Fund invests are primarily common stocks, shares of public real estate investment trusts (REITs), and master limited partnerships (MLPs). The Funds investments in REITs include commercial property REITs and residential mortgage REITs.
The Funds investments in MLPs will primarily be within the broad energy sector and include MLPs in transportation and shipping, storage, processing, refining, marketing, exploration, production, and mining. The Fund will invest in small-cap companies that the Adviser believes present attractive opportunities for growth, based on the Advisers application of sound economic theory and its assessment of companies fundamental attributes. The Adviser utilizes an investment process that combines both quantitative and fundamental approaches to identify securities. The Fund will select companies to buy and sell, based on fundamental attributes such as earnings, book value, and cash flow relative to other securities in the index. As the Adviser constructs the Funds portfolio, it does not have set allocations for common stocks, REITs, or MLPs, but does generally aim to be sector neutral versus the Russell 2000 Growth Index.
As the Adviser evaluates each investment opportunity, it applies the same investing criteria regardless of the security type and constructs the portfolio by selecting those securities with the most attractive factors described above regardless of security type. The portfolio will be constructed by determining the weight of each security using a combination of its quantitative and fundamental assessment of the attractiveness of the security, including liquidity as part of the Advisers security selection process. The Fund generally intends to focus on active selection in the Russell 2000 Growth Index. The Fund may sell securities to, among other things, secure gains, limit losses, redeploy assets when the Adviser identifies promising opportunities, or manage cash levels in the Funds portfolio.
The Fund will not necessarily sell a security that appreciated or depreciated outside the Funds target capitalization range defined above.
C000229076 Performance
Total returns for C000229076 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 0.6% |
| 3 years (annualised) | -6.0% |
C000229076 Risk Information
Risk metrics for C000229076, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 24.5%
C000229076 Costs and Fees
C000229076 costs about $75 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.75%
- Gross expense ratio: 1.57%
- Portfolio turnover: 860%
- Brokerage commissions: 168.36 bps of average net assets (SEC N-CEN)
C000229076 Cashflows
Over the 12 months to 2023-07, Westwood SmallCap Growth Fund had net inflows of $1.19M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-07 | $4.67K |
| 2023-06 | −$555.69K |
| 2023-05 | $323.16K |
| 2023-04 | $1.45M |
| 2023-03 | $510.76K |
| 2023-02 | −$609.36K |
C000229076 Debt Constituents
No individual debt constituents are reported in Westwood SmallCap Growth Fund's latest SEC N-PORT filing.
C000229076 Prospectus and SEC Filings
Official Westwood SmallCap Growth Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus (485BPOS) — filed 2021-09-24
- Prospectus supplement (497) — filed 2022-03-04
- Portfolio holdings (N-PORT) — filed 2023-09-27
- Portfolio holdings (N-PORT) — filed 2023-06-14
- Portfolio holdings (N-PORT) — filed 2023-03-28
- Annual census (N-CEN) — filed 2023-01-13
- Annual census (N-CEN) — filed 2022-01-04
Related Funds
Other Real Estate funds tracked on ABC INVEST:
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.