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Article: Westwood to Lower Expense Ratio on Institutional Shares of WHG Income Opportunity and WHG Balanced Funds by 10%.
- Article from:
- Investment Weekly News
- Article date:
- November 21, 2009
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Westwood Holdings Group, Inc. (NYSE: WHG) announced that they have lowered the expense ratio on the WHG Income Opportunity and WHG Balanced Funds. The WHG Income Opportunity Fund's cap on its net operating expense ratio for Institutional Shares (WHGIX) has been reduced to 0.90% from 1.00% and the expense cap for A Shares (WWIAX) of the fund was lowered to 1.15% from 1.25%. The expense cap for Institutional Shares of the WHG Balanced Fund (WHGBX) was reduced to 0.90% from 1.00%. The new expense caps were effective as of November 1, 2009.
The WHG Funds consist of WHG LargeCap Value (WHGLX & WWLAX), WHG SMidCap (WHGMX), WHG SmallCap Value (WHGSX), WHG Income ...