Investment objective & strategy
As of April 29, 2024 · prospectusObjective. The Mercator International Opportunity Fund (the Fund) seeks long-term growth of capital.
Strategy. The Fund invests significantly in common stocks of companies domiciled in developed countries outside of the United States. The Fund seeks to invest in stocks of companies that it believes have the potential for growth. The Fund will invest at least 40% of its assets in securities of companies domiciled outside the United States, which the Fund defines as securities listed primarily on exchanges outside the United States. The Fund relies on the professional judgment of its portfolio manager to make decisions about the Funds portfolio investments. The basic investment philosophy of the investment adviser is to analyze information on securities in the Funds investment universe to determine their long-term attractiveness. The adviser believes that an important way to accomplish … The Fund invests significantly in common stocks of companies domiciled in developed countries outside of the United States. The Fund seeks to invest in stocks of companies that it believes have the potential for growth. The Fund will invest at least 40% of its assets in securities of companies domiciled outside the United States, which the Fund defines as securities listed primarily on exchanges outside the United States. The Fund relies on the professional judgment of its portfolio manager to make decisions about the Funds portfolio investments. The basic investment philosophy of the investment adviser is to analyze information on securities in the Funds investment universe to determine their long-term attractiveness. The adviser believes that an important way to accomplish this is through fundamental analysis, which includes analysis of a companys assets, liabilities and earning, review of a companys public filings, and may also include meeting with company executives and employees, suppliers, customers and competitors. The Fund may invest in securities of any market capitalization. Because the Fund is seeking long-term appreciation, these securities may be held by the Fund for a period of two years or more. Securities may be sold when the adviser believes that they no longer represent relatively attractive investment opportunities.
Top holdings
As of Dec. 31, 2024 · N-PORT| Security | Ticker | Value | % of fund |
|---|---|---|---|
| MERCADOLIBRE INC | — | $510.13K | 8.99% |
| Watches of Switzerland Group plc | — | $315.10K | 5.55% |
| MOBILEYE GLOBAL INC A | — | $298.80K | 5.27% |
| ASM INTL NV | — | $260.25K | 4.59% |
| Schneider Electric SE | — | $249.32K | 4.39% |
| TAIWAN SEMIC MFG CO LTD SP ADR | — | $236.99K | 4.18% |
| Adyen NV | — | $223.09K | 3.93% |
| Brunello Cucinelli S.p.A. | — | $218.17K | 3.84% |
| Vitec Software Group AB Class B | — | $196.51K | 3.46% |
| Nemetschek SE | — | $193.74K | 3.41% |
Portfolio moves
Sep 30, 2024 → Dec 31, 2024How 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. |
|---|---|---|
| JNL/Baillie Gifford International Growth Fund | 10% | 0.69% |
| Harbor International Growth Fund | 7% | 0.77% |
| BlackRock Future Tech ETF | 7% | 0.88% |
Advisers
| Firm | Role |
|---|---|
| Mercator Investment Management, LLC | Adviser |
Footnotes
- Net assets and holdings count as of December 31, 2024, from the fund's N-PORT filing.
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