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AMG Veritas Global Focus N (MFQAX)

17.36 +0.16 (+0.93%)
At close: April 26 at 8:00 PM EDT

Fund Summary

The adviser intends to invest in equity securities of a relatively select group of global companies, identified through a bottom up stock picking approach with certain strategic themes identified by the Subadviser. The fund will generally invest in mid-to large-capitalization companies, although it may also invest in small-capitalization companies. The fund invests at least 35% of its net assets in investments economically tied to countries other than the U.S. and it will hold investments economically tied to a minimum of three countries other than the U.S. The fund is non-diversified.

AMG Veritas Global Focus N

Greenwich, Connecticut 06830
600 Steamboat Road, Suite 300

Fund Overview

Category Large Growth
Fund Family AMG Funds
Net Assets 29.67M
YTD Return 8.14%
Yield 0.08%
Morningstar Rating
Inception Date Dec 18, 2000

Fund Operations

Last Dividend 0.02
Last Cap Gain -4.00
Holdings Turnover 27.00%
Average for Category --

Fees & Expenses

Expense MFQAX Category Average
Annual Report Expense Ratio (net) 0.88% 0.99%
Prospectus Net Expense Ratio 0.88% --
Prospectus Gross Expense Ratio 1.22% --
Max 12b1 Fee -- --
Max Front End Sales Load -- 5.36%
Max Deferred Sales Load -- 1.33%
3 Yr Expense Projection 0 --
5 Yr Expense Projection 0 --
10 Yr Expense Projection 0 --

Management Information

Director, Fund Manager and Head of Global Research. Director of Veritas Asset Management (UK) Limited and Fund Manager of the Real Return Global Fund and Veritas Global Focus Fund. Joined The Real Return Group in 2003. Analyst and Portfolio Manager WP Stewart 2001 to 2003. Analyst and Portfolio Manager Newton Investment Management 1996 to 2001. Tax Consultant, Price Waterhouse 1993 to 1996. Education: Chartered Accountant, BSc, ASIP.

Morningstar Style Box

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Morningstar Category

While the investment objective stated in a fund's prospectus may or may not reflect how the fund actually invests, the Morningstar category is assigned based on the underlying securities in each portfolio. Morningstar categories help investors and investment professionals make meaningful comparisons between funds. The categories make it easier to build well-diversified portfolios, assess potential risk, and identify top-performing funds. We place funds in a given category based on their portfolio statistics and compositions over the past three years. If the fund is new and has no portfolio history, we estimate where it will fall before giving it a more permanent category assignment. When necessary, we may change a category assignment based on recent changes to the portfolio.

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