del Rey Monarch Institutional
6701 Center Drive West, Suite 655Los Angeles, CA 90045
Map
Phone: 866-876-9946
| Category: | Foreign Large Value | | Fund Family: | del Rey Global | | Net Assets: | 6.19M | | Year-to-Date Return: | -1.37% | | Yield: | 0.01% | | Morningstar Rating: | N/A | | Fund Inception Date: | May 31, 2011 |
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Paul J. Hechmer
Lead Manager since May 31, 2011 | | | Paul J. Hechmer is the Founder and Chief Investment Officer of del Rey Global Investors, LLC. With more than 18 years of investing experience, Mr. Hechmer is a recognized thought leader in the investment management community having compiled an exemplary track record guiding international and global equity strategies. Before launching del Rey, Mr. Hechmer was a Founding Partner, Executive Managing Director and Portfolio Manager at Tradewinds Global Investors. As part of his Portfolio Management duties at Tradewinds, Mr. Hechmer managed approximately $25 billion in their flagship International and Global equity products. Prior to forming Tradewinds, Mr. Hechmer developed the international equity department for Tradewindsâ affiliate firm, NWQ Investment Management, and earlier, held the same Portfolio Manager role at Palley-Needelman Asset Management. Mr. Hechmerâs formative days were spent in various ex-US and Asian equity analyst positions at Founders Asset Management and Farmers Investment Group. |
| Min Initial Investment: | 100,000 | | Min Initial Investment, IRA: | N/A | | Min Initial Investment, AIP: | N/A | | Min Subsequent Investment: | N/A | | Min Subsequent Investment, IRA: | N/A | | Min Subsequent Investment, AIP: | N/A |
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| The investment seeks long-term capital appreciation.
The fund invests primarily in equity securities of issuers located in a number of different countries outside of the United States. It generally invests at least 80% of its total assets in common and preferred stock, ADRs, EDRs, GDRs and convertible securities. The fund may invest up to 10% of total assets in Rule 144A securities. It may invest up to 20% of total assets in companies located in countries with emerging securities markets. The fund may invest up to 15% of its net assets in illiquid securities. |
| Last Dividend
(Sep 6, 2012)
:
| 0.32 | | Last Cap Gain
:
| 0.00 | | Annual Holdings Turnover
(Sep 6, 2012)
:
| 25.85% | | Average for Category: | 42.57% |
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| Expense | DRMIX | Category Avg |
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| Annual Report Expense Ratio (net): | 1.15% | 1.35% | | Prospectus Net Expense Ratio: | 1.15% | N/A | | Prospectus Gross Expense Ratio: | 1.38% | N/A | | Max 12b1 Fee: | N/A | N/A | | Max Front End Sales Load: | N/A | 5.50% | | Max Deferred Sales Load:
| N/A | 2.31% | | 3 Yr Expense Projection*: | 414 | 659 | | 5 Yr Expense Projection*: | N/A | 1,052 | | 10 Yr Expense Projection*: | N/A | 2,093 |
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0.33(2.71%) Sep 7