The fund targets institutional and high-net-worth investors with a $250,000 minimum investment requirement. Launched on December 31, 2012, the fund charges a net expense ratio of 0.70% with fee waivers through August 29, 2026. The fund is available only to U.S. residents and territories, distributes dividends annually, and maintains significant flexibility in market cap and geographic allocation. As an International Equity Global Large-Stock Value fund, it typically invests in companies with market capitalizations exceeding $1 billion and focuses on both domestic and international opportunities with at least 40% in non-U.S. equities.

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The Global Value Fund seeks to own 40-80 of the most attractively valued companies in domestic and international equity markets. The fund looks for durable businesses run by shareholder-friendly management teams trading at attractive valuations relative to long-run normalized earnings. Since 1980, Hotchkis & Wiley has focused on discovering undervalued securities through extensive internal research, specializing in disciplined value investing and bottom-up fundamental research to identify undervalued securities. The approach is anchored in the belief that a disciplined research-driven approach focused on asset valuation and coverage will minimize default losses and generate superior risk-adjusted returns.

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