Virtus Vontobel Global Opportunities Fund
Name
As of 03/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
5.5%
1 yr return
22.5%
3 Yr Avg Return
3.3%
5 Yr Avg Return
9.1%
Net Assets
$263 M
Holdings in Top 10
43.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 2.16%
SALES FEES
Front Load N/A
Deferred Load 1.00%
TRADING FEES
Turnover 49.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$2,500
IRA
$100
Fund Classification
Fund Type
Open End Mutual Fund
Name
As of 03/07/2024Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
WWOCX - Profile
Distributions
- YTD Total Return 5.5%
- 3 Yr Annualized Total Return 3.3%
- 5 Yr Annualized Total Return 9.1%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio -1.21%
- Dividend Yield 0.0%
- Dividend Distribution Frequency Annual
Fund Details
-
Legal NameVirtus Vontobel Global Opportunities Fund
-
Fund Family NameVirtus Funds
-
Inception DateJan 30, 2018
-
Shares OutstandingN/A
-
Share ClassC
-
CurrencyUSD
-
Domiciled CountryUS
-
ManagerMatthew Benkendorf
Fund Description
This fund seeks to provide investors with exposure to high-quality global companies. The securities selected for inclusion in the fund are those believed by the subadviser to be well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects and, in most cases, generate free cash flow. Over full market cycles, the investment style is designed with the objective of capturing part of the up market cycles and may offer protection in down market cycles.
Under normal circumstances, the fund invests in equity securities or equity-linked instruments of issuers located throughout the world, including issuers in emerging markets countries and issuers in the United States. The fund intends to diversify its investments among countries and normally to have represented in the portfolio business activities of a number of different countries. In determining “location” of an issuer, the subadviser primarily relies on the country where the issuer is incorporated. However, the country of risk is ultimately determined based on analysis of the following criteria: actual building address (domicile), primary exchange on which the security is traded and country in which the greatest percentage of company revenue is generated. This evaluation is conducted so as to determine that the issuer’s assets are exposed to the economic fortunes and risks of the designated country.
WWOCX - Performance
Return Ranking - Trailing
Period | WWOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -35.6% | 29.2% | 82.44% |
1 Yr | 22.5% | 17.3% | 252.4% | 79.89% |
3 Yr | 3.3%* | -3.5% | 34.6% | 43.67% |
5 Yr | 9.1%* | 0.1% | 32.7% | 45.37% |
10 Yr | 8.1%* | -6.9% | 18.3% | 25.60% |
* Annualized
Return Ranking - Calendar
Period | WWOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 15.9% | -24.3% | 957.1% | 42.20% |
2022 | -31.7% | -38.3% | 47.1% | 36.92% |
2021 | -10.7% | -54.2% | 0.6% | 72.01% |
2020 | 14.7% | -76.0% | 54.1% | 41.73% |
2019 | 23.5% | -26.1% | 47.8% | 44.66% |
Total Return Ranking - Trailing
Period | WWOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 5.5% | -35.6% | 29.2% | 82.77% |
1 Yr | 22.5% | 11.4% | 252.4% | 77.39% |
3 Yr | 3.3%* | -3.5% | 34.6% | 40.88% |
5 Yr | 9.1%* | 0.1% | 32.7% | 43.89% |
10 Yr | 8.1%* | -6.9% | 18.3% | 24.30% |
* Annualized
Total Return Ranking - Calendar
Period | WWOCX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2023 | 18.8% | -24.3% | 957.1% | 42.20% |
2022 | -21.8% | -33.1% | 47.1% | 37.04% |
2021 | 12.5% | -44.4% | 1.8% | 80.22% |
2020 | 17.7% | -6.5% | 54.1% | 61.79% |
2019 | 26.4% | -14.4% | 47.8% | 63.16% |
NAV & Total Return History
WWOCX - Holdings
Concentration Analysis
WWOCX | Category Low | Category High | WWOCX % Rank | |
---|---|---|---|---|
Net Assets | 263 M | 199 K | 133 B | 53.18% |
Number of Holdings | 40 | 1 | 9075 | 65.53% |
Net Assets in Top 10 | 115 M | -18 M | 37.6 B | 51.21% |
Weighting of Top 10 | 43.16% | 9.1% | 100.0% | 38.67% |
Top 10 Holdings
- Microsoft Corp 6.01%
- RELX PLC 5.02%
- HDFC Bank Ltd 4.84%
- Amazon.com Inc 4.61%
- Nestle SA 4.16%
- Coca-Cola Co/The 4.09%
- UnitedHealth Group Inc 3.81%
- CME Group Inc 3.71%
- London Stock Exchange Group PLC 3.52%
- Mastercard Inc 3.39%
Asset Allocation
Weighting | Return Low | Return High | WWOCX % Rank | |
---|---|---|---|---|
Stocks | 97.93% | 61.84% | 125.47% | 51.98% |
Cash | 2.07% | -174.70% | 23.12% | 42.51% |
Preferred Stocks | 0.00% | -0.01% | 5.28% | 36.89% |
Other | 0.00% | -13.98% | 19.14% | 45.37% |
Convertible Bonds | 0.00% | 0.00% | 4.46% | 29.30% |
Bonds | 0.00% | -1.50% | 161.67% | 32.82% |
Stock Sector Breakdown
Weighting | Return Low | Return High | WWOCX % Rank | |
---|---|---|---|---|
Financial Services | 19.55% | 0.00% | 38.42% | 24.23% |
Healthcare | 17.51% | 0.00% | 35.42% | 22.91% |
Technology | 15.70% | 0.00% | 49.87% | 79.96% |
Consumer Defense | 14.39% | 0.00% | 73.28% | 13.66% |
Consumer Cyclical | 14.04% | 0.00% | 40.94% | 7.71% |
Industrials | 7.34% | 0.00% | 44.06% | 89.54% |
Communication Services | 7.02% | 0.00% | 57.66% | 45.48% |
Basic Materials | 4.44% | 0.00% | 38.60% | 70.15% |
Utilities | 0.00% | 0.00% | 29.12% | 79.19% |
Real Estate | 0.00% | 0.00% | 39.48% | 81.06% |
Energy | 0.00% | 0.00% | 21.15% | 75.44% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | WWOCX % Rank | |
---|---|---|---|---|
US | 56.40% | 0.13% | 103.82% | 25.77% |
Non US | 41.53% | 0.58% | 99.46% | 70.93% |
WWOCX - Expenses
Operational Fees
WWOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 2.16% | 0.01% | 44.27% | 15.17% |
Management Fee | 0.85% | 0.00% | 1.82% | 83.37% |
12b-1 Fee | 1.00% | 0.00% | 1.00% | 83.59% |
Administrative Fee | 0.10% | 0.01% | 0.76% | 60.59% |
Sales Fees
WWOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 2.50% | 5.75% | N/A |
Deferred Load | 1.00% | 1.00% | 5.00% | 34.00% |
Trading Fees
WWOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 1.00% | 2.00% | N/A |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
WWOCX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 49.00% | 0.00% | 395.00% | 62.27% |
WWOCX - Distributions
Dividend Yield Analysis
WWOCX | Category Low | Category High | WWOCX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.00% | 0.00% | 3.26% | 28.99% |
Dividend Distribution Analysis
WWOCX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annual | Annually | Annually | Annually |
Net Income Ratio Analysis
WWOCX | Category Low | Category High | WWOCX % Rank | |
---|---|---|---|---|
Net Income Ratio | -1.21% | -4.27% | 12.65% | 96.93% |
Capital Gain Distribution Analysis
WWOCX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2021 | $3.746 | OrdinaryDividend |
Dec 22, 2014 | $0.022 | OrdinaryDividend |
Dec 20, 2013 | $0.009 | OrdinaryDividend |
Dec 30, 2010 | $0.034 | OrdinaryDividend |
Dec 22, 2009 | $0.050 | OrdinaryDividend |
Dec 22, 2008 | $0.057 | OrdinaryDividend |
WWOCX - Fund Manager Analysis
Managers
Matthew Benkendorf
Start Date
Tenure
Tenure Rank
Jan 31, 2009
13.34
13.3%
Mr. Benkendorf ,Managing Director,Chief Investment Officer,Portfolio Manager, Senior Research Analyst - Mr. Benkendorf joined Vontobel Asset Management, Inc. in October 1999 in trade support. After being promoted to trader in 2000, Mr. Benkendorf became a research analyst in 2002 and moved into portfolio management in 2006 as deputy portfolio manager of Vontobel’s European Equity Strategy.Mr. Benkendorf has held various positions with Vontobel, including Deputy Portfolio Manager from 2013 to 2016, Executive Director from 2012 to 2013;Director from 2009 to 2012;Vice President from 2007 to 2009.
Ramiz Chelat
Start Date
Tenure
Tenure Rank
Jun 01, 2016
6.0
6.0%
Ramiz Chelat has been a Portfolio Manager for Vontobel’s Quality Growth Boutique since 2016. He joined Vontobel Asset Management in July 2007 as a Senior Research Analyst. In 2016, he expanded his role becoming Portfolio Manager on the firm’s Global Equity strategy and, in 2021, he started managing the firm’s Emerging Markets Equity strategy. In addition to his portfolio management responsibilities, Ramiz Chelat continues to conduct research analysis on individual stocks which may be included in the firm’s other strategies, primarily focusing on the Consumer Discretionary, Consumer Staples and Communication Services sectors. Prior to joining Vontobel Asset Management, from 2004 to 2007, he was Head of Consumer and Media Research at Macquarie Hong Kong and an Analyst at Macquarie Australia from 2000 to 2004. Prior to that, from 1999 to 2000, he was a Financial Analyst at Optus. Ramiz Chelat began his financial career in 1997 at Ernst & Young where he was a Senior Accountant until 1999. He received a Bachelor of Commerce in Accounting and Finance from Macquarie University in Australia. In addition, Ramiz Chelat is a member of the Institute of Chartered Accountants of Australia as a qualified chartered accountant. He is a CFA® charterholder.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.01 | 35.82 | 6.24 | 1.25 |