Victory Portfolios III - Victory World Equity Fund

Frequently Asked Questions About USAWX

What does USAWX invest in?

The fund's investment objective is capital appreciation. It invests primarily in a diversified portfolio of equity securities from both foreign (including emerging markets) and domestic issuers. The fund normally invests in equity securities such as common stocks, depositary receipts, preferred stocks, and securities convertible into common stocks.

What is the expense ratio of USAWX?

Victory Portfolios III - Victory World Equity Fund (USAWX) charges an expense ratio of 1.03%. This is the annual fee deducted from fund assets to cover management and operations.

How big is USAWX?

Victory Portfolios III - Victory World Equity Fund (USAWX) is one share class of a fund that manages $1.64B across all of its share classes (USWGX 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 USAWX actively managed or an index fund?

USAWX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (USAWX's is 1.03%) in exchange for the discretion to over- or under-weight positions.

When was USAWX launched?

Victory Portfolios III - Victory World Equity Fund (USAWX) launched in September 1992 and is managed by Victory Capital.

How has USAWX performed?

USAWX'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.