Aston Asset Management, LLC (Aston) has launched a new mutual fund
the Aston/River Road Small-Mid Cap Fund – N Class (ARSMX).
In making the announcement, Stuart Bilton, CEO of Aston stated, “We are excited to offer
another outstanding product to investors that is subadvised by River Road Asset Management.
This Fund will allow investors the opportunity to take advantage of River Road’s strategy of
finding companies with little analyst coverage that possess attractive business models.”
Andrew Beck, President of River Road Asset Management, LLC (River Road), commented,
"We are looking forward to enhancing our partnership with Aston. They have done a tremendous
job distributing our Small Cap Value Fund (that is closed to investors) and our Dynamic Equity
Income Fund, and we believe we will find the same success with the Small-Mid Cap product."
River Road Small-Mid Cap (SMID) strategy invests in well-managed, financially strong
companies that are trading at a meaningful discount to River Road’s assessed absolute value.
They further target companies with predictable, sustainable business models that are
undiscovered, under-followed or misunderstood by traditional Wall Street research firms. River
Road’s stock selection process is complemented by a risk averse approach that employs a strict
Bilton commented, “We are pleased to be working again with the three senior members of
River Road Asset Management. Based on their track record with the Aston/River Road Small
Cap Value Fund and the Aston/River Road Dynamic Equity Income Fund, we are confident that
the Aston/River Road SMID Fund will be attractive to our investors. As with all of our small
and mid cap funds, we will be conservative in determining capacity limits for this product.”
The Fund will be managed by James C. Shircliff, CEO and Chief Investment Officer at River
Road; Andrew Beck, President of River Road; and Henry W. Sanders, III, Executive Vice
President of River Road .
Aston, headquartered in Chicago, Illinois, is a diversified institutional based investment
management firm. River Road, a subadviser to Aston Funds, is a Louisville, Kentucky based
asset manager specializing in value equity portfolios.
River Road also subadvises the Aston/River Road Dynamic Equity Income Fund (ARDEX)
which seeks high current income and long term capital appreciation by investing in a diversified
multi-cap portfolio of income producing equity securities with yields that the portfolio managers
believe will exceed the Russell 3000 Index.
The minimum investment for Aston/River Road Small-Mid Cap Fund is $2,500. The Fund can
be purchased directly, or through a variety of investment platforms and financial advisors. The
fund is intended for investors who can tolerate the risks involved with investing in small to mid-
capitalization companies which may experience greater volatility and less liquidity. For more
information on the Aston Funds, please visit www.astonasset.com.
Investors should consider the investment objectives, risks, charges and expenses of the
Aston Funds carefully before investing. Investing in securities of small and mid-cap
companies may involve greater risk than investing in securities of larger, more established
issuers. Please call 800-992-8151 for a prospectus which contains this and other
information about the funds. Read it carefully before you invest or send money. Aston
Funds are distributed by PFPC Distributors, Inc.
Past performance is not a guarantee of future results. Investment return and principal value will
fluctuate and it is possible to lose money by investing.
NOT FDIC INSURED. NO BANK GUARANTEE. MAY LOSE VALUE.
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