Enhanced Balanced Update | Westwood Group

As part of our ongoing review of portfolio positioning, we are making a change within the Enhanced Balanced strategy. We will be replacing the Westwood Large Cap Value strategy with Dodge & Cox Large Cap Value.

At Westwood, we regularly evaluate all components of our asset allocation, both internal and external, to ensure we are delivering the best possible outcomes for our clients. While we continue to have conviction in our internal investment strategies, we also recognize the importance of manager diversification and being objective fiduciaries in our decision-making. As markets evolve, we believe Dodge & Cox’s investment philosophy and positioning better complement the other managers in our asset allocation.

The Dodge & Cox strategy has a long history of disciplined value investing and a consistent, team-based approach that complements our other holdings. This change reflects our commitment to (1) maintaining rigorous oversight of performance, (2) taking action when appropriate and (3) ensuring clients benefit from a mix of strong internal and external managers.

Please don’t hesitate to reach out with any questions about this update or how it impacts your portfolio.

The information contained herein represents the views of Westwood Wealth Management at a specific point in time and is based on information believed to be reliable. No representation or warranty is made concerning the accuracy or completeness of any data compiled herein. Any statements non-factual in nature constitute only current opinion, which is subject to change. Any statements concerning financial market trends are based on current market conditions, which will fluctuate. Past performance is not indicative of future results. All information provided herein is for informational purposes only and is not intended to be, and should not be interpreted as, an offer, solicitation, or recommendation to buy or sell or otherwise invest in any of the securities/sectors/countries that may be mentioned.