Address And Details

333 S Hope St , Los Angeles, CA 90071
Fund Manager Team Managed
Manager Tenure

Strategy And Objective

The fund s investment objective is long-term capital appreciation. The fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. The securities markets of these countries may be referred to as emerging markets. The fund may invest in equity securities of any company, regardless of where it is based (including developed countries), if the fund s investment adviser determines that a significant portion of the company s assets or revenues (generally 20% or more) is attributable to developing countries. Under normal market conditions, the fund invests at least 35% of its assets in equity and debt securities of issuers primarily based in qualified countries that have developing economies and/or markets. The fund may also, to a limited extent, invest in securities of issuers based in nonqualified developing countries. In determining whether a country is qualified, the fund s investment adviser considers such factors as the country s per capita gross domestic product, the percentage of the country s economy that is industrialized, market capital as a percentage of gross domestic product, the overall regulatory environment, the presence of government regulation limiting or banning foreign ownership, and restrictions on repatriation of initial capital, dividends, interest and/or capital gains. The fund s investment adviser maintains a list of qualified countries and securities in which the fund may invest. The fund may also invest in debt securities of issuers, including issuers of lower rated bonds (rated Ba1 or below and BB+ or below by Nationally Recognized Statistical Rating Organizations designated by the fund s investment adviser or unrated but determined to be of equivalent quality by the fund s investment adviser), with exposure to these countries. Bonds rated Ba1 or BB+ or below are sometimes referred to as junk bonds. In addition, the fund may invest in nonconvertible debt securities of issuers, including issuers of lower rated bonds and government bonds, that are primarily based in qualified countries or that have a significant portion of their assets or revenues attributable to developing countries. The investment adviser uses a system of multiple portfolio managers in managing the fund s assets. Under this approach, the portfolio of the fund is divided into segments managed by individual managers. The fund relies on the professional judgment of its investment adviser to make decisions about the fund s portfolio investments. The basic investment philosophy of the investment adviser is to seek to invest in attractively valued companies that, in its opinion, represent good, long-term investment opportunities. Securities may be sold when the investment adviser believes that they no longer represent relatively attractive investment opportunities.

Net Asset Value

as of 5:29 PM ET 09/27/2021

Performance

  • 1 Week
  • +1.31%
  • 1 Month
  • -0.73%
  • 3 Months
  • -2.56%
  • 1 Yr Return
  • +30.25%
  • 5 Yr Return
  • +74.22%

Equity Sector Breakdown

Technology 23.50%
Finance 12.39%
IndustrialCyclical 11.03%
Health 8.26%
NonDurables 7.25%
RetailTrade 7.19%
Services 4.85%
Utilities 3.26%
Energy 2.22%
ConsumerDurables 2.01%

Asset Allocation

Asset Type % Of Allocation
Stocks 89.67%
ForeignStocks 65.14%
Preferred 0.72%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 375.25 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 1.07 -0.28 -5.02
Beta 0.88 0.84 0.92
R Squared 0.82 0.71 0.72
Std Deviation 18.09 15.04 14.57
Sharpe Ratio 0.98 0.98 n/a

Purchase Information

as of 5:21 PM ET 09/24/2021
Minimum Initial $250
Minimum Additional $50
Minimum Initial IRA $25

Performance

Timeframe Average Annual Current Performance Monthly As Of 08/31/2021 Average Annual Current Performance Quarterly As Of 06/30/2021 Avg Annual Current Performance Monthly As Of 08/31/2021 Avg Annual Current Performance Quarterly As Of 06/30/2021
1 Year
  • +27.38%
  • +42.28%
+27.38% +42.28%
3 Year
  • +17.01%
  • +16.84%
+17.01% +16.84%
10 Year
  • +9.05%
  • +8.20%
+9.05% +8.20%
Life Of Fund
  • +10.63%
  • +10.75%
+10.63% +10.75%

Top 10 Holdings

Symbol Company Name % Of Assets
MSFT MICROSOFT CORP 2.39%
VALE VALE SA 2.18%
TSM TAIWAN SEMICONDUCTOR MANUFACT 1.93%
MELI MERCADOLIBRE INC 1.90%
0700.HK TENCENT HOLDINGS LTD 1.87%
RLNIY RELIANCE INDUSTRIES LTD 1.74%
600519.S KWEICHOW MOUTAI CO LTD 1.65%
PYPL PAYPAL HOLDINGS INC 1.60%
KTKM.NS KOTAK MAHINDRA BANK LTD 1.57%
SE SEA LIMITED 1.46%

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