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Diamond Hill Capital Management Launches Global Mutual Fund

DHIL

PR Newswire

COLUMBUS, Ohio, Jan. 11, 2018 /PRNewswire/ -- Diamond Hill Capital Management has announced the launch of the Diamond Hill Global Fund, a global equity strategy for long-term capital appreciation. The Global Fund will utilize the same intrinsic value philosophy as all Diamond Hill investment strategies. The Fund is managed by portfolio managers Rick Snowdon and Grady Burkett and supported by Diamond Hill's entire research team of industry specialists.

Diamond Hill Investment Group logo

"This strategy is a natural extension of our research team's capabilities and our intrinsic value-based philosophy," said Chris Bingaman, Chief Executive Officer. "Launching the Global Fund is an exciting development for our firm and another opportunity for us to deliver superior long-term investment results to clients."

The Global strategy was initially introduced as a limited partnership on Dec. 31, 2013 and assets were converted into a mutual fund prior to commencement of Fund operations on Jan. 2, 2018. The four-year track record of the Fund can be found on our website.

The Fund will invest in 40-60 U.S. and foreign equity securities which the portfolio managers believe are undervalued, including up to 20% exposure to emerging markets. Foreign exposure will range between 40% and 70% of assets under normal market conditions.

The Global strategy is available as a mutual fund or institutional separate account.

About Diamond Hill :
We are an independent investment management firm with significant employee ownership and $22.3 billion in assets under management as of Dec. 31, 2017. We provide services to institutions and individuals through mutual funds, institutional separate accounts, exchange traded funds, and private investment funds. Our strategies include long-only equity, alternative long-short equity, and fixed income. 

We serve our clients by providing investment strategies that deliver lasting value through a shared commitment to our intrinsic value-based investment philosophy, long-term perspective, disciplined approach and alignment with our clients' interests. For more information visit www.diamond-hill.com.

Diamond Hill Capital Management, Inc. is a subsidiary of Diamond Hill Investment Group, Inc. (NASDAQ:DHIL).

Risk Disclosure: The Fund invests in non-U.S. securities. Investing in non-U.S. securities may entail risk due to foreign economic and political developments; this risk may be higher when investing in emerging markets. Changes in currency exchange rates and differences in accounting and taxation policies outside the U.S. can raise or lower returns.

An investor should consider the Fund's investment objectives, risks, charges, and expenses carefully before investing. The prospectus or summary prospectus contain this and other important information about the Fund(s) and are available at diamond-hill.com or by calling 888.226.5595. Please read the prospectus or summary prospectus carefully before investing. The Diamond Hill Funds are distributed by BHIL Distributors, LLC (Member FINRA). Diamond Hill Capital Management, Inc., a registered investment adviser, serves as Investment Adviser to the Diamond Hill Funds and is paid a fee for its services. Diamond Hill Funds are not FDIC insured, may lose value, and have no bank guarantee.

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/diamond-hill-capital-management-launches-global-mutual-fund-300581375.html

SOURCE Diamond Hill Investment Group, Inc.