Investment objective & strategy
As of Jan. 24, 2024 · prospectusObjective. The fund has an investment objective of capital appreciation.
Strategy. This fund seeks to provide investors with exposure to high-quality global companies. The securities selected for inclusion in the fund are those believed by the subadviser to be well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects and, in most cases, generate free cash flow. Over full market cycles, the investment style is designed with the objective of capturing part of the up market cycles and may offer protection in down market cycles. Under normal circumstances, the fund invests in equity securities or equity-linked instruments of issuers located throughout the world, including issuers in emerging markets countries and issuers in the United States. The fund intends to diversify its investments among countries and normally … This fund seeks to provide investors with exposure to high-quality global companies. The securities selected for inclusion in the fund are those believed by the subadviser to be well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects and, in most cases, generate free cash flow. Over full market cycles, the investment style is designed with the objective of capturing part of the up market cycles and may offer protection in down market cycles. Under normal circumstances, the fund invests in equity securities or equity-linked instruments of issuers located throughout the world, including issuers in emerging markets countries and issuers in the United States. The fund intends to diversify its investments among countries and normally to have represented in the portfolio business activities of a number of different countries. In determining location of an issuer, the subadviser primarily relies on the country where the issuer is incorporated. However, the country of risk is ultimately determined based on analysis of the following criteria: actual building address (domicile), primary exchange on which the security is traded and country in which the greatest percentage of company revenue is generated. This evaluation is conducted so as to determine that the issuers assets are exposed to the economic fortunes and risks of the designated country.
Top holdings
As of Dec. 29, 2023 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MICROSOFT CORP | — | $16.02M | 6.01% |
| RELX PLC | — | $13.38M | 5.02% |
| HDFC BANK LTD | — | $12.90M | 4.84% |
| AMAZON.COM INC | — | $12.28M | 4.61% |
| NESTLE SA (REG) | — | $11.10M | 4.16% |
| COCA-COLA CO/THE | — | $10.90M | 4.09% |
| UNITEDHEALTH GRP | — | $10.16M | 3.81% |
| CME GROUP INC CL A | — | $9.89M | 3.71% |
| LONDON STOCK EXCHANGE GRP PLC | — | $9.37M | 3.52% |
| MASTERCARD INC CL A | — | $9.05M | 3.39% |
Portfolio moves
Sep 29, 2023 → Dec 29, 2023How many positions this fund opened, exited, grew, trimmed, or left unchanged between its two most recent N-PORT snapshots — net changes between point-in-time reports, not a trade log.
Similar funds
Funds whose portfolios most overlap this one, by weight| Fund | Overlap | Net exp. |
|---|---|---|
| Virtus Vontobel Foreign Opportunities Fund | 36% | 0.95% |
| Virtus Vontobel Greater European Opportunities Fund | 30% | 1.13% |
| Eaton Vance Focused Global Opportunities Fund | 28% | 0.95% |
Footnotes
- Net assets and holdings count as of December 29, 2023, from the fund's N-PORT filing.
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