Hotchkiss & Wiley Small-Mid Cap Value Fund

The Hotchkiss & Wiley Small-Mid Cap Value Fund is an actively managed exchange-traded fund designed to provide diversified exposure to U.S. small- and mid-cap value equities. Launched in March 2025, the fund utilizes a blend of proprietary quantitative models and rigorous fundamental analysis to identify undervalued companies, with an emphasis on strong business fundamentals, robust balance sheets, and sound governance. Its portfolio typically consists of 150–200 holdings, rebalanced monthly, targeting companies with market capitalizations ranging from approximately $2 billion to $50 billion. The fund’s approach seeks to capitalize on opportunities within companies that are often overlooked or underfollowed by mainstream Wall Street research, focusing on valuation anomalies across a broad array of industries. Managed by a team with deep experience in value investing, the fund employs strict risk controls at both the individual stock and overall portfolio levels. It offers investors the liquidity, transparency, and simplicity characteristic of ETFs while delivering a disciplined, research-driven value strategy tailored to the dynamic small- and mid-cap segment of the market.