- What does FMGIX invest in?
- The fund's primary objective is to achieve substantial long-term capital growth. It dedicates a minimum of 80% of its net assets to acquiring equity shares in companies operating within the infrastructure sector. The investment strategy emphasizes a concentrated focus on both the broader infrastructure sector and the utilities industry. The fund builds a diversified portfolio of infrastructure firms, selected by its subadviser based on specific criteria: these companies must demonstrate a robust capital structure, show strong potential for generating consistent income streams, and offer protection against inflation. Typically, the portfolio is expected to comprise between 80 and 100 different companies.
- What is the expense ratio of FMGIX?
- Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) charges an expense ratio of 0.50%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is FMGIX?
- Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) manages $72.6M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure — funds below ~$50M are at higher risk of liquidation.
- Is FMGIX actively managed or an index fund?
- FMGIX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was FMGIX launched?
- Frontier MFG Core Infrastructure Fund Institutional Class (FMGIX) launched in January 2012 and is managed by the fund issuer.
- How has FMGIX performed?
- FMGIX's total return — price change plus reinvested distributions — is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
