Killen Group’s Berwyn Fund Turn 30


The Killen Group, the Berwyn-based boutique investment management firm recognized for its deep value approach, recently announced the 30-year anniversary of the Berwyn Fund, its flagship small-cap value fund.

5.28.2014 The Berwyn FundsThe longevity of the small cap value fund, which is approaching a half-billion dollars in assets, validates the firm’s investing model and reinforces its commitment as a steward for the fund’s shareholders. The fund’s assets have grown steadily since inception despite changing market conditions, investment options and investor expectations.

“I’m very proud of this milestone but I’m even prouder of the value we’ve delivered for our shareholders over the last 30 years,” said Robert E. Killen, chairman and CEO of The Killen Group and chairman and president of The Berwyn Funds. “This fund was founded in 1984 based on the philosophy that we could find value in the small cap space. We’ve actually stayed true to that investing approach in each of our three funds, we’ve maintained a consistent team and we’ve always put our shareholders first. Those are the things that have made us successful for so long and we’re committed to maintaining that approach indefinitely.”

Robert E. Killen, left, and Lee S. Grout, managers of the Berwyn Fund, like investing in companies that have a distaste for debt.  (Picture courtesy of The New York Times)
Robert E. Killen, left, and Lee S. Grout, managers of the Berwyn Fund. (Picture courtesy of The New York Times)

The Group’s investment team of Killen and portfolio managers Lee Grout, George Cipolloni and Mark Saylor, have managed firm’s investment philosophy and growth. The firm launched the Berwyn Income Fund in 1987 and a mid/large cap value fund called the Berwyn Cornerstone Fund in 2002. The Berwyn family of funds, with more than $3 billion in assets, seeks to provide investors with a diversified set of portfolios with exposure to a broad range of value oriented assets.

“We’ve partnered with The Killen Group for more than a decade and we’ve seen firsthand their relentless commitment to their shareholders and their investing philosophy,” said Bob Dorsey, co-founder and managing director at Ultimus. “We’ve worked side by side with them through changing markets, regulatory requirements and investor demands but they have never changed who they are. It’s refreshing to see that in today’s market. We’re proud of what they’ve achieved and we’re honored to be their business partner.”

Read what the Wall Street Journal said about The Berwyn Fund here. The fund’s most recent financial report is here.

Links: and

Connect With Your Community

Subscribe to stay informed!

"*" indicates required fields

This field is for validation purposes and should be left unchanged.