PHOENIX ~ Smead Capital Management, a Phoenix-based registered investment advisor, has announced that the Smead International Value Fund (the "Fund") has surpassed $100 million in assets under management. This milestone was achieved less than two years after the Fund's initial launch in January 2022.

Cole Smead, Chief Executive Officer and Lead Portfolio Manager of Smead Capital Management, commented on the achievement: "Our investors joined with us as partners to utilize our investment discipline abroad over the last eight years. We feel blessed to have a track record of success at a time that so much capital believes they will only find attractive returns in the US stock market alone."

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The portfolio of the Smead International Value Fund consists of holdings which are primarily concentrated in Europe and Canada. The Fund holds a variety of sectors, including but not limited to commodity-oriented companies, financials, and discretionary businesses. Bill Smead, Chief Investment Officer at Smead Capital Management added: "Our combined stock picking experience, which is more than 40 years, has allowed us to generate substantial returns for investors throughout our firm's history. We continue to look forward to being invested side-by-side with the strongest owner-operators outside the U.S."

Smead Capital Management is proud to have achieved this milestone and looks forward to continuing its success in providing attractive returns for its investors.

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