SOUTHERNSUN ASSET MANAGEMENT, LLC

SouthernSun Asset Management is an investment management company based out of Memphis, Tennessee. The company was established by Michael W. Cook in 1989, who is still with the company today acting as its CEO and CIO. SouthernSun Asset Management currently has 40 employees of which 7 are investment professionals and operates as a subsidiary of Affiliated Managers Group Inc. The company values research and conducts its research internally, utilizing a fundamental methodology with a bottom up investment approach. SouthernSun Asset Management invests in public equity markets on a global scale, focusing on value stocks of small to mid-cap companies in various niche segments. The company invests most heavily in the industrials sector, which alone makes up over a third of its total asset allocations, and also invests in the consumer discretionary, health care, consumer staples, energy, information technology, and materials sectors, among others to a lesser degree, in order of decreasing allocation. The company currently holds over $5.7 billion in total assets under management spread across approximately 3,400 accounts, all of which are discretionary. Both of the SouthernSun Asset Management’s total number of accounts and total assets under management have been increasing in recent years with its total number of accounts growing from 300 four years ago to well over 10 times that amount and its total managed assets growing significantly from $1.4 billion back in 2010 to over 4 times that amount today. The company mainly caters to individuals, which alone makes up overt half of its client base, and also provides services to corporations, high net worth individuals, pension and profit sharing plans, charities, investment companies, pooled investment vehicles, and state and municipal entities, in order of decreasing clientele. SouthernSun Asset Management’s offerings of mutual funds currently includes its Small Cap Fund, U.S. Equity Fund, and UCITS U.S. Value Fund.