Chartwell Investment Partners Launches Short Duration Bond Fund (CWSDX)
September 30 2021 - 9:59AM
Business Wire
Veteran team leads Chartwell’s new fund
investing in high quality short maturity, fixed income
securities
Chartwell Investment Partners announced the launch of its
Chartwell Short Duration Bond Fund (CWSDX). The Fund will be
available to individual investors and through major investment
platforms including, but not limited to, Charles Schwab, Fidelity,
TD Ameritrade, Vanguard, and Pershing.
CWSDX is a short duration, fixed income fund that invests at
least 75% of its net assets in investment grade short duration
bonds and can allocate up to 25% of the fund to short duration high
yield bonds. The investment objective of the Fund is to maximize
current income by investing in high quality, short maturity fixed
income securities while also preserving capital.
The Fund is managed by a team of seven investment professionals,
including Lead Portfolio Manager Christine F. Williams and
Assistant Portfolio Manager James W. Fox. Chartwell’s Fixed Income
team brings an average of 18 years of investment experience to the
Fund. As of June 30, 2021, Chartwell had about $7 billion in assets
under management in fixed income institutional and retail
clients.
“Our team is excited to add the Chartwell Short Duration Bond
Fund to our product lineup, where we will continue to offer
investors our income oriented, disciplined value, bottom-up
approach,” said Williams.
Chartwell’s fixed income market strategy is implemented by
assessing the credit profiles of high quality issuers through
extensive credit research. The team invests in companies dedicated
to stable or improving credit profiles.
“We are pleased to announce that our veteran and talented team
has once again used their expertise to build another quality short
duration fixed income option for our clients,” said Chartwell Chief
Executive Officer Tim Riddle.
In addition to its fixed-income mutual funds and investment
strategies, Chartwell offers several equity products to
institutional, retail, and individual investors. The fund family
includes the Chartwell Short Duration High Yield Fund (CWFIX),
Chartwell Small Cap Value Fund (CWSIX), Chartwell Income Fund
(BERIX), Chartwell Mid Cap Value Fund (BERCX), and Chartwell Small
Cap Growth Fund (CWSGX).
ABOUT CHARTWELL INVESTMENT PARTNERS
Since its founding in 1997, Chartwell has successfully grown
into a 50+ person, boutique investment management firm with
approximately $11.5 billion in assets under management as of June
30, 2021. Located in Berwyn, Pennsylvania, Chartwell is a
wholly-owned subsidiary of TriState Capital Holdings, Inc. (NASDAQ:
TSC), a publicly traded bank holding company based in Pittsburgh,
Pennsylvania, since 2014. For more information on Chartwell, please
visit https://www.chartwellip.com/.
Important Disclosures:
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.
Fixed income investment includes the following risks: credit,
prepayment, call and interest rate risk. Credit risk refers to the
loss in the value of a security based on a default in the payment
of principal and/or interest of the security, or the perception of
the market of such default. As interest rates rise the value of
bond prices will decline. High-yield bonds have a higher risk of
default or other adverse credit events, but have the potential to
pay higher earnings over investment grade bonds. The higher risk of
default, or the inability of the creditor to repay its debt, is the
primary reason for the higher interest rates on high-yield bonds.
The Fund may invest in foreign and emerging market securities which
involves certain risks such as currency volatility, political and
social instability and reduced market liquidity. The Fund may also
invest in ETFs (Exchange-Traded Funds) 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. There can be no guarantee that
any strategy (risk management or otherwise) will be successful. All
investing involves risk, including potential loss of principal.
Chartwell TSC Securities Corp. provides wholesaling and
marketing services to its affiliates, Chartwell Investment
Partners, LLC, an SEC-registered investment advisor, and TriState
Capital Bank, a Pennsylvania chartered bank.
Distributed by Foreside Fund Services, LLC.
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version on businesswire.com: https://www.businesswire.com/news/home/20210930005648/en/
MEDIA: Jeff Shurilla 215-764-2376 (mobile)
jeff@hornercom.com
CLIENT RELATIONS: Michael Magee 610-407-4867
magee@chartwellip.com
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