Description

The Smead Value Fund Class Y's main goal is to generate significant capital growth over an extended period. To achieve this, the fund typically invests in a focused portfolio of about 25 to 30 companies, primarily acquiring common shares of major U.S. corporations. For the purposes of this fund, the manager defines "large-cap" companies as publicly traded U.S. businesses with market values exceeding $5 billion. This fund operates as a non-diversified investment vehicle.