AMG Veritas China Fund Class N

Frequently Asked Questions About MMCFX

What does MMCFX invest in?

The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of issuers located in China or issuers that are not located in China but derive a majority (over 50%) of their income from China. It primarily invests in equity securities. Under normal circumstances, the adviser considers equity securities to include common and preferred stocks, as well as securities with equity characteristics, including, but not limited to, equity-linked notes and participation notes. The fund is non-diversified.

What is the expense ratio of MMCFX?

AMG Veritas China Fund Class N (MMCFX) charges an expense ratio of 1.14%. This is the annual fee deducted from fund assets to cover management and operations.

How big is MMCFX?

AMG Veritas China Fund Class N (MMCFX) manages $46.2M 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 MMCFX actively managed or an index fund?

MMCFX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

When was MMCFX launched?

AMG Veritas China Fund Class N (MMCFX) launched in July 1994 and is managed by the fund issuer.

How has MMCFX performed?

MMCFX'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.