OMAHA, Neb.--(BUSINESS WIRE)--
Weitz Investment Management, Inc. today announced that the firm has
launched Institutional Share Classes for Weitz Value Fund and Weitz
Partners Value Fund. The new share classes were added to the funds to
provide investment opportunities for institutional entities at lower
expense ratios than investor class shares.
The new ticker for Weitz Value Fund's Institutional Share Class is
WVAIX, and the new ticker for Weitz Partners Value Fund's Institutional
Share Class is WPVIX.
The Institutional Share Class is available to all investors with an
initial minimum investment of $1,000,000 per fund account. The same
investment strategy, research team, investment process and portfolio
holdings are employed regardless of share class. The Institutional Share
class is designed to be operated at a lower total expense ratio than the
Investor Share Class.
For more information on Weitz Funds, please visit www.weitzinvestments.com,
call a client service representative at 800-304-9745, or email email@example.com.
About Weitz Funds
Weitz Investment Management, Inc. was started in 1983 with about $11
million under management. The firm, a registered investment adviser, now
manages more than $6 billion for the Weitz Funds, individuals,
corporations, pension plans, foundations, and endowments.
The Weitz family of funds includes the Weitz Value Fund (WVALX and
WVAIX), Weitz Partners Value Fund (WPVLX and WPVIX), Weitz Partners III
Opportunity Fund (WPOPX and WPOIX), Weitz Research Fund (WRESX), Weitz
Hickory Fund (WEHIX), Weitz Balanced Fund (WBALX), Weitz
Short-Intermediate Income Fund (WEFIX and WSHNX), Weitz Core Plus Income
Fund (WCPNX and WCPBX),Weitz Nebraska Tax-Free Income Fund (WNTFX) and
Weitz Government Money Market Fund (WGMXX).
Hewes Communications, Inc.
Tucker Hewes, 212-207-9451
Source: Weitz Investment Management, Inc.