NEW YORK, Aug. 03, 2016 (GLOBE NEWSWIRE) -- Guggenheim Investments, the global asset management and investment advisory business of Guggenheim Partners, has had Guggenheim Mid Cap Value Fund (SEVPX) chosen by Charles Schwab Investment Advisor (CSIA) to be on the Q3 2016 Schwab Mutual Fund OneSource Select List®.
Mutual funds on the Select List® are rigorously screened by Schwab experts based on such factors as risk, performance, and expenses.
“Schwab has an outstanding reputation as a key service provider to registered investment advisors and individual investors,” said Douglas Mangini, Guggenheim Senior Managing Director, and Head of Intermediary Distribution. “Schwab’s selection of Guggenheim Mid Cap Value Fund for the OneSource Select List is a milestone for our firm.”
Guggenheim Mid Cap Value Fund seeks to deliver long-term growth of capital by investing in equity securities of undervalued small- to medium-sized U.S. companies.
The Fund’s management team selects securities that appear undervalued by the overall market relative to assets, earnings, growth potential or cash flows and applies a valuation-focused stock selection process that combines fundamental research with a proprietary quantitative screening process to identify companies the team believes have the potential to outperform.
About Guggenheim Investments
Guggenheim Investments is the global asset management and investment advisory division of Guggenheim Partners, with $202 billion1 in assets across fixed income, equity, and alternative strategies. We focus on the return and risk needs of insurance companies, corporate and public pension funds, sovereign wealth funds, endowments and foundations, consultants, wealth managers, and high-net-worth investors. Our 275+ investment professionals perform rigorous research to understand market trends and identify undervalued opportunities in areas that are often complex and underfollowed. This approach to investment management has enabled us to deliver innovative strategies providing diversification and attractive long-term results.
1Guggenheim Investments total asset figure is as of 06.30.2016 and includes $11.4bn of leverage for assets under management and $0.5bn for assets for which Guggenheim provides administrative services. Guggenheim Investments represents the following affiliated investment management businesses: Guggenheim Partners Investment Management, LLC, Security Investors, LLC, Guggenheim Funds Investment Advisors, LLC, Guggenheim Funds Distributors, LLC, Guggenheim Real Estate, LLC, Transparent Value Advisors, LLC, GS GAMMA Advisors, LLC, Guggenheim Partners Europe Limited and Guggenheim Partners India Management.
This communication is for informational purposes only and should not be considered as investing advice nor a recommendation of any particular security, strategy, investment product or investing platform. Guggenheim Investments and its affiliates are not affiliated with Schwab.
Read a fund’s prospectus and summary prospectus (if available) carefully before investing. It contains the fund’s investment objectives, risks, charges, expenses and other information, which should be considered carefully before investing. Obtain a prospectus and summary prospectus (if available) at www.guggenheiminvestments.com or call 800.820.0888.
Charles Schwab & Co., Inc., member SIPC, receives remuneration from fund companies participating in Schwab's Mutual Fund OneSource® service for record keeping, shareholder services and other administrative services. Schwab also may receive remuneration from transaction fee fund companies for certain administrative services.
The referenced fund is distributed by Guggenheim Funds Distributors, LLC. Guggenheim Investments represents the investment management businesses of Guggenheim Partners, LLC (“Guggenheim”), which includes Guggenheim Funds Investment Advisors, LLC ("GFIA"), the investment advisor to the referenced fund. Guggenheim Funds Distributors, LLC is affiliated with Guggenheim and GFIA.
NOT FDIC INSURED • NOT BANK GUARANTEED • MAY LOSE VALUE
Media Contact Ivy McLemore Guggenheim Partners 212.518.9859 – office Ivy.McLemore@guggenheimpartners.com
Source: Guggenheim Investments