Core Insights - Scharf Investments has launched two new ETFs, Scharf ETF (KAT) and Scharf Global Opportunity ETF (GKAT), with total assets at inception of approximately $890 million, marking the largest active domestic equity ETF launch of 2025 [1][2] - The ETFs are designed to transform Scharf's flagship mutual fund strategies into a more tax-efficient and liquid investment vehicle, emphasizing a disciplined value investing approach [2][4] - The firm has over 40 years of experience in value investing, focusing on capital preservation and long-term compounding, which differentiates it from growth-heavy investment strategies prevalent in the current market [3][4] Company Overview - Scharf Investments, founded in 1983 and headquartered in Los Gatos, California, is an independent investment firm known for delivering strong risk-adjusted returns through its Quality Value approach [4] - The firm emphasizes investing in high-quality companies at meaningful discounts, aiming for consistent performance across various market cycles [4]