- What does MPIEX invest in?
- The fund's investment mandate dictates that at least 80% of its net assets, augmented by any capital raised through borrowing for investment purposes, must be directed into equity holdings. Its portfolio exhibits international diversification, spreading investments across a minimum of three nations, and committing at least 40% of its total assets specifically to securities issued by non-U.S. corporations. The definition of equity securities is comprehensive, including but not limited to ordinary shares, preferred shares, convertible instruments, rights, warrants, and various depositary receipts. These depositary receipts, such as American (ADRs), European (EDRs), and Global (GDRs) variants, are certificates typically issued by banking or trust institutions, signifying beneficial ownership in the securities of companies, whether U.S. or non-U.S. based.
- What is the expense ratio of MPIEX?
- Mondrian International Value Equity Fund (MPIEX) charges an expense ratio of 0.74%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is MPIEX?
- Mondrian International Value Equity Fund (MPIEX) manages $1.08B 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 MPIEX actively managed or an index fund?
- MPIEX's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was MPIEX launched?
- Mondrian International Value Equity Fund (MPIEX) launched in February 1992 and is managed by the fund issuer.
- How has MPIEX performed?
- MPIEX'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.
