Westwood Holdings Group, Inc. (NYSE: WHG) announced the launch of the WHG SMidCap Plus Fund (WHGPX). The new mutual fund is managed by the same Westwood investment team as the WHG SMidCap Fund (WHGMX), which was recently closed to new investors due to the successful growth of Westwood's SMidCap strategy.

The new WHG SMidCap Plus Fund will offer investors a complementary strategy that considers small- and mid-cap companies with market capitalizations between $2 billion and $15 billion. Small to mid size companies have been an attractive area of the stock market and Westwood has a long term track record of investing in these securities.

The WHG SMidCap Plus Fund will be offered in an institutional share class with a total expense ratio capped at 1.00%. Fee waivers are contractual through February 28, 2013. The total annual operating expense would otherwise be 1.82%. The fund may be purchased directly from the fund or through third party mutual fund platforms.

About Westwood

Westwood Holdings Group, Inc. manages investment assets and provides services for its clients through two subsidiaries, Westwood Management Corp. and Westwood Trust. Westwood Management Corp. is a registered investment advisor and provides investment advisory services to corporate pension funds, public retirement plans, endowments, foundations, the WHG Funds, other mutual funds and clients of Westwood Trust. Westwood Trust provides trust services and participation in common trust funds that it sponsors to institutions and high net worth individuals. Westwood Holdings Group, Inc. trades on the New York Stock Exchange under the symbol “WHG.”

For more information on Westwood, please visit www.westwoodgroup.com.

For more information on the WHG Funds, please visit www.whgfunds.com.

Mutual fund investing involves risk including loss of principal. There is no assurance that the fund will meet its stated objectives. There are specific risks inherent in small cap investing such as greater share price volatility as compared to other funds that invest in stocks of companies with larger and potentially more stable market capitalizations.

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