- What does MGSEX invest in?
- The fund principally invests in equity securities listed or traded on exchanges in the Asia Pacific region (excluding Japan). Under normal circumstances, it invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of issuers located in the Asia Pacific region (excluding Japan). The adviser considers equity securities to include common and preferred stocks, depositary receipts, and securities with equity characteristics, including, but not limited to, equity-linked securities and participatory notes.
- What is the expense ratio of MGSEX?
- AMG Veritas Asia Pacific Fund Class N (MGSEX) charges an expense ratio of 1.17%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MGSEX?
- AMG Veritas Asia Pacific Fund Class N (MGSEX) is one share class of a fund that manages $134.0M across all of its share classes (MSEIX reports the same total). Our data does not carry the assets of this share class alone. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is MGSEX actively managed or an index fund?
- MGSEX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (MGSEX's is 1.17%) in exchange for the discretion to over- or under-weight positions.
- When was MGSEX launched?
- AMG Veritas Asia Pacific Fund Class N (MGSEX) launched in May 1984 and is managed by AMG.
- How has MGSEX performed?
- MGSEX'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.
