Chartwell Small Cap Value Fund (CWSIX)

SEEKS LONG-TERM CAPITAL APPRECIATION

Documents & Literature – Chartwell Small Cap Value Fund

We strive to maintain a portfolio that is well diversified across all economic sectors and exhibits growth, profitability, and financial strength characteristics. The Chartwell Small Cap Value Fund (CWSIX) has an opportunity set using multiple valuation yardsticks that focuses heavily on company valuation relative to history.

Our Approach

The Chartwell Small Cap Value Fund (CWSIX) seeks long-term capital appreciation with a portfolio that employs a traditional value style supplemented with both deep and relative value stocks.

Our goal is to outperform the small cap value benchmark over the long term, while aiming to produce lower risk scores versus peers.

Fund Facts

As of September 30, 2021

Fund Symbol:
CWSIX
Fund Cusip:
16140T 509
Objective:
The investment objective of the Chartwell Small Cap Value Fund is to seek long-term capital appreciation.
Inception*:
11/9/2011
Minimum Initial Purchase:
$1,000
Gross Expense Ratio:
1.18%
Dividends:
Quarterly
Subsequent Purchase:
$100
Net Expense Ratio:
1.05%
Total Net Assets:
$185 million
12B-1 Fee:
None
Load:
No-Load

Chartwell Investment Partners, LLC has contractually agreed to waive its fees and/or pay for operating expenses of the Fund to ensure that total annual fund operating expenses (excluding any taxes, leverage interest, brokerage commissions, dividend and interest expenses on short sales, acquired fund fees and expenses as determined in accordance with Form N-1A, expenses incurred in connection with any merger or reorganization, or extraordinary expenses such as litigation expenses) do not exceed 1.05% of average daily net assets of the Fund. This agreement is in effect at least one year from the 3/1/21 prospectus, and it may be terminated prior to this time only by the Trust’s Board of Trustees, or if the investment advisory agreement is terminated (i) by The Chartwell Funds upon 60 days’ notice to the Advisor provided such termination was directed or approved by a vote of a majority of the Trustees of The Chartwell Funds or by the vote of the holders of a majority of the voting securities of the Fund at the time outstanding or entitled to vote; (ii) by the Advisor upon 60 days’ notice to The Chartwell Funds; or (iii) by an assignment of the investment advisory agreement. The Advisor is permitted to seek reimbursement from the Fund, subject to certain limitations, of fees  waived or payments made to the Fund for a period ending three years after the date of the waiver or payment, provided that no reimbursement will cause the Fund’s annual expense ratio to exceed the lesser of the (i) expense limitation amount in effect at the time such fees were waived or payments made, and (ii) the expense limitation amount in effect at the time of the reimbursement.

FUND PORTFOLIO COMPOSITION

AS OF MARCH 31, 2021

Pie Chart - SCV Fund
Pie Chart Square - 03425c Financial Services 27%
Pie Chart Square - 055e83 Utilities 6%
Pie Chart Square - 0e7eb0 REITs 8%
Pie Chart Square - 95A7D6 Capital Spending 10%
Pie Chart Square - f78c21 Technology 8%
Pie Chart Square - FAA442 Healthcare 5%
Pie Chart Square - FDC789 Basic Industry 12%
Pie Chart Square - 656565 Energy 3%
Pie Chart Square - 8B8A8B Consumer Cyclical 2%
Pie Chart Square - CECECD Consumer Staples 2%
Pie Chart Square - D0D6E9 Consumer Services 8%
Pie Chart Square - B6C0DF Business Services 6%
Pie Chart Square - 010101 Cash 3%
Daily Performance as of (October 26, 2021)
  NAV Daily Change % Daily Change YTD Return
Chartwell Small Cap Value Fund $21.71 $-0.24 -1.09% 22.31%
Average Annual Total Returns as of most recent Month End (September 30, 2021)
  Month End 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. Inception(11/9/2011)
Chartwell Small Cap Value Fund -2.49% 47.00% 4.23% 8.11% N/A 10.23%
Russell 2000 Value Total Return -2.00% 63.92% 8.58% 11.03% N/A 12.18%
Average Annual Total Returns as of most recent Quarter End (June 30, 2021)
  Quarter End 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs. Inception(11/9/2011)
Chartwell Small Cap Value Fund 2.26% 50.19% 5.31% 10.09% N/A 10.79%
Russell 2000 Value Total Return 4.56% 73.28% 10.27% 13.62% N/A 12.88%

Performance data quoted represents past performance. Past performance is no guarantee of future results. Investment return and principal value will fluctuate, so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance information quoted. To obtain performance information current to the most recent month-end please call 1-888-995-5505. Returns for less than a year are not annualized.


TOP TEN HOLDINGS (June 30, 2021)
Holding % of Investments
ITT INC. 2.73%
COMMVAULT SYSTEMS INC. 2.32%
SELECTIVE INSURANCE GROUP INC. 2.27%
JACK IN THE BOX INC. 2.13%
RUSH ENTERPRISES INC. 1.90%
INTEGER HOLDINGS CORPORATION 1.87%
ENPRO INDUSTRIES INC. 1.86%
KORN FERRY 1.79%
HUB GROUP INC. 1.72%
UNITED COMMUNITY BANKS INC. 1.70%

Figures unaudited. For informational purposes only. Holdings are subject to change at any time.

An investor should consider the investment objectives, risks, charges, and expenses carefully before investing. The fund’s prospectus contains this and other information, and can be obtained by calling toll free (888) 995-5505 or visiting http://www.chartwellip.com. Read the summary or statutory prospectus carefully before investing. 

The Fund acquired the assets and liabilities of the Chartwell Small Cap Value Fund (the “Predecessor Fund”). a series of Investment Managers Series Trust, on July 17, 2017. As a result of the reorganization, the Fund is the accounting successor of the Predecessor Fund. Performance results shown (prior to July 17, 2017) reflect the performance of the Predecessor Fund. The Fund’s past performance is not necessarily an indication of how the Fund will perform in the future.

The Russell 2000 Value Index is an unmanaged index that measures the performance of those Russell 2000 companies with lower price-to-book ratios and lower forecasted growth values.

*The performance figures include the performance for Class A for the periods prior to the start date of current share class. Class A liquidated on June 30, 2016.

Investors cannot invest directly in an index.

CHOOSE FUNDS THAT FIT YOUR GOALS

We know your investment goals change as you reach different life events. That’s why we’ve developed mutual funds that can help meet you every step of the way, from seeking growth to income potential.

Additional Information

Advisor

Chartwell Investment Partners, LLC
1205 Westlakes Drive
Berwyn, PA 19312

610.296.1400

Distributor

Distributed by Foreside Fund Services, LLC

Transfer Agent

Ultimus Fund Solutions, LLC
P.O. Box 46707
Cincinnati, OH 45246-0707

There can be no guarantee that any strategy will be successful.

Wholesaling provided by our affiliate, Chartwell TSC Securities Corp., Member FINRA.

Please visit our dedicated Fund Distributions Page for more information on the Small Cap Value Fund’s annual dividends.

INVESTING RISK: Small Cap stocks may be less liquid and are more susceptible to market volatility because they may not have the management experience, financial resources, product diversification, or competitive strengths and tend to be sold less often and in smaller amounts relative to larger companies. Foreign securities involve greater currency valuation, economic, political, and regulatory environment risk relative to US securities. The Fund may invest in ETFs and therefore would be subject to the same risks as the underlying securities in which the ETF invests as well as entails higher expenses than if invested into the underlying ETF directly.

IMPORTANT INFORMATION: The information provided on this website is for informational purposes only, is of a general nature, and should not be construed as investment advice or to provide any investment, tax, financial, or legal advice or service to any person. Decisions based on the information contained on the website are the sole responsibility of the visitor, and the visitor agrees to hold Chartwell harmless against any claims arising from those decisions. The views expressed represent the opinions of Chartwell and are not intended as a forecast, a guarantee of future results, investment recommendation, or an offer to buy or sell any securities. All investing is subject to risk, including the possible loss of money you invest. Past performance is no guarantee of future results.

The views expressed on this website were current as of the date indicated and are subject to change.

This website is owned and operated by Chartwell Investment Partners (“Chartwell”). Chartwell will use reasonable efforts to include accurate and up-to-date information; however, Chartwell makes no presentations or warranties, express or implied, as to the information provided herein.

Chartwell is a U.S. SEC registered investment advisor.