Continue to site >
Trending ETFs
You have successfully subscribed to Advisor Access. Thank you!
Help us personalize your experience.
Which type of investor describes you best?
Help us personalize your experience.
What is your AUM?
Knowing your investable assets will help us build and prioritize features that will suit your investment needs.

Congratulations on personalizing your experience.

Email is verified. Thank you!

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMG Veritas Asia Pacific Fund

MGSEX | Fund

$130.43

$141 M

0.09%

$0.12

1.34%

Vitals

YTD Return

53.0%

1 yr return

97.0%

3 Yr Avg Return

31.0%

5 Yr Avg Return

8.4%

Net Assets

$141 M

Holdings in Top 10

59.5%

52 WEEK LOW AND HIGH

$127.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 1.34%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 222.00%

Redemption Fee N/A

Min Investment

Standard (Taxable)

$2,000

IRA

$1,000

Fund Classification

Fund Type

Open End Mutual Fund

Name

As of 06/01/2026

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

AMG Veritas Asia Pacific Fund

MGSEX | Fund

$130.43

$141 M

0.09%

$0.12

1.34%

MGSEX - Profile

Distributions

  • YTD Total Return 53.0%
  • 3 Yr Annualized Total Return 31.0%
  • 5 Yr Annualized Total Return 8.4%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.69%
DIVIDENDS
  • Dividend Yield 0.1%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    AMG Veritas Asia Pacific Fund
  • Fund Family Name
    AMGFUNDSGR
  • Inception Date
    Jun 06, 2014
  • Shares Outstanding
    N/A
  • Share Class
    N
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Ezra Sun

Fund Description

div style="line-height:10.6pt;margin-top:0.00pt;text-align:left;"span style="color:#000000;font-family:times new roman;font-size:10pt"The Fund principally invests in equity securities listed or traded /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"on exchanges in the Asia Pacific region (excluding Japan). /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Under normal circumstances, the Fund invests at least 80% of /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"its net assets, plus the amount of any borrowings for investment /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"purposes, in securities of issuers located in the Asia Pacific /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"region (excluding Japan). Under normal circumstances, the Fund /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"considers equity securities to include common and preferred /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"stocks, depositary receipts, and securities with equity characteristics,/spanspan style="color:#000000;font-family:times new roman;font-size:10pt" including, but not limited to, equity linked securities and /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"participatory notes (P-Notes). The Fund considers an issuer to be /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"located in the Asia Pacific region (excluding Japan) if the issuer /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"has its registered office in the Asia Pacific region or has the /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"predominant part of its commercial activity in the Asia Pacific /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"region or, in the case of a holding company, it predominantly /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"holds participations in companies with registered offices in the /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Asia Pacific region./spanspan style="color:#000000;font-family:times new roman;font-size:10pt;line-height:10.6pt" /span/divdiv style="margin-top:6pt;"span style="color:#000000;font-family:times new roman;font-size:10pt"The Fund intends to invest in focused equity positions, identified /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"through the bottom-up, stock picking approach of Veritas Asset /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Management LLP, the subadviser to the Fund (“Veritas” or the /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"“Subadviser”), with a macro overlay, an analysis of broader /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"macroeconomic themes. The Subadviser’s macro analysis will /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"focus on identifying long term themes and trends and then /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"proceed to identifying companies within those identified themes /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"and trends that it believes have sound business models, strong /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"management and disciplined financial controls. The Fund seeks /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"to focus on what it believes to be quality companies in sectors /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"that the Subadviser believes show long term structural growth /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"potential with emphasis on industry leaders or emerging leaders /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"with durable competitiveness. The macro themes are identified /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"via a combination of in-house and external research. Asian /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"domestic demand is an example of a theme internal to the /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Subadviser. In part, the Fund uses this analysis to seek to /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"identify opportunities to invest in companies in the Asia Pacific /span/divdiv style="line-height:10.6pt;text-align:left;"span style="color:#000000;font-family:times new roman;font-size:10pt"region whose businesses are benefitting from rising consumer /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"spending in the Asia Pacific region in consumer goods or /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"services./spanspan style="color:#000000;font-family:times new roman;font-size:10pt;line-height:10.6pt" /span/divdiv style="margin-top:6pt;"span style="color:#000000;font-family:times new roman;font-size:10pt"The Fund intends to gain exposure to equities issued by /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"companies located in the People’s Republic of China (“PRC”) /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"through direct investments in equities listed on mainland China /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"stock exchanges, such as the Shanghai and Shenzen stock /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"exchanges, via Hong Kong through the market access program /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"through which foreign investors can deal in select China A /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Shares (Stock Connect) or indirect exposure through P-Notes or /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"similar equity linked securities. The Fund intends to gain /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"exposure to equities issued by companies located in India /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"through direct exposure or indirect exposure through P-Notes or /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"similar equity linked securities. Equity linked securities are a /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"type of derivative instrument that have a return component based /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"on the performance of another security, and provide the Fund /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"with an alternative to investing in the underlying security /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"directly in situations where the Fund would have to register with /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"a foreign exchange or foreign securities agency to be able to do /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"so. P-Notes are a type of derivative instrument used by the Fund /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"to access non-U.S. markets and to gain exposure to, primarily, /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"equity securities of issuers listed on a non-U.S. exchange rather /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"than purchasing securities directly./spanspan style="color:#000000;font-family:times new roman;font-size:10pt;line-height:10.6pt" /span/divdiv style="margin-top:6pt;"span style="color:#000000;font-family:times new roman;font-size:10pt"The Fund will generally invest in mid- to large-capitalization /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"companies, although the Fund may also invest in small-capitalization/spanspan style="color:#000000;font-family:times new roman;font-size:10pt" companies. The Fund generally invests in /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"companies with market capitalizations greater than $5 billion. /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"The Fund currently expects to hold between 15 and 60 positions /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"at any time. The Fund is non-diversified./spanspan style="color:#000000;font-family:times new roman;font-size:10pt;line-height:10.6pt" /span/divdiv style="margin-top:6pt;"span style="color:#000000;font-family:times new roman;font-size:10pt"The Fund may hold assets in cash and cash equivalents, and at /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"times these holdings may be significant. The Fund’s cash level at /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"any point typically relates to the Subadviser’s individual security /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"selection process, and therefore may vary, depending on the /spanspan style="color:#000000;font-family:times new roman;font-size:10pt"Subadviser’s desired security weightings./span/div
Read More

MGSEX - Performance

Return Ranking - Trailing

Period MGSEX Return Category Return Low Category Return High Rank in Category (%)
YTD 53.0% 1.2% 65.1% 12.50%
1 Yr 97.0% 4.6% 101.9% 12.50%
3 Yr 31.0%* 4.3% 38.5% 28.21%
5 Yr 8.4%* -3.9% 14.0% 23.68%
10 Yr 14.1%* 6.5% 15.8% 30.30%

* Annualized

Return Ranking - Calendar

Period MGSEX Return Category Return Low Category Return High Rank in Category (%)
2025 41.4% -1.5% 43.8% 7.50%
2024 6.7% -9.6% 21.8% 45.00%
2023 -4.9% -7.8% 14.0% 84.21%
2022 -27.9% -40.0% 2.8% 76.32%
2021 -44.2% -44.2% 15.5% 100.00%

Total Return Ranking - Trailing

Period MGSEX Return Category Return Low Category Return High Rank in Category (%)
YTD 53.0% 1.2% 65.1% 12.50%
1 Yr 97.0% 4.6% 101.9% 12.50%
3 Yr 31.0%* 4.3% 38.5% 28.21%
5 Yr 8.4%* -3.9% 14.0% 23.68%
10 Yr 14.1%* 6.5% 15.8% 30.30%

* Annualized

Total Return Ranking - Calendar

Period MGSEX Return Category Return Low Category Return High Rank in Category (%)
2025 41.6% 4.4% 47.8% 10.00%
2024 7.2% -6.0% 21.8% 65.00%
2023 -4.8% -7.8% 20.1% 86.84%
2022 -27.9% -31.3% 5.2% 81.58%
2021 3.2% -21.3% 22.4% 24.32%

NAV & Total Return History

MGSEX - Holdings

Concentration Analysis

MGSEX Category Low Category High MGSEX % Rank
Net Assets 141 M 1.96 M 6.39 B 70.00%
Number of Holdings 47 30 1596 80.00%
Net Assets in Top 10 66.9 M 1.35 M 2.87 B 82.50%
Weighting of Top 10 59.47% 24.3% 76.1% 27.50%

Top 10 Holdings

  1. Taiwan Semiconductor Manufacturing Co., Ltd. TWD10 17.55%
  2. Delta Electronics Inc. TWD10 8.89%
  3. Samsung Electronics Co Ltd. KRW100 7.93%
  4. Dreyfus Instl Resv PFD GOVT INSTL 5.76%
  5. Sieyuan Electric Co Ltd 'A'CNY1 4.57%
  6. Dreyfus Government Cash Management Funds SH BEN INT 3.84%
  7. Contemporary Amperex Technology Co Ltd. 'A' CNY1 2.89%
  8. SK Hynix Inc. KRW5000 2.83%
  9. Accton Technology Corp. TWD10 2.63%
  10. HD Hyundai Heavy Industries Co Ltd. KRW5000 2.59%

Asset Allocation

Weighting Return Low Return High MGSEX % Rank
Stocks 		90.72% 0.00% 100.61% 47.50%
Cash 		9.60% 0.00% 13.67% 40.00%
Preferred Stocks 		0.00% 0.00% 4.25% 82.50%
Other 		0.00% -0.06% 3.93% 35.00%
Convertible Bonds 		0.00% 0.00% 0.49% 72.50%
Bonds 		0.00% 0.00% 86.39% 75.00%

Stock Sector Breakdown

Weighting Return Low Return High MGSEX % Rank
Technology 		30.82% 0.00% 35.18% 20.00%
Industrials 		14.98% 0.00% 28.54% 17.50%
Consumer Defense 		10.97% 0.00% 15.16% 22.50%
Healthcare 		10.81% 0.00% 11.60% 22.50%
Financial Services 		7.86% 7.86% 53.75% 97.50%
Consumer Cyclical 		7.55% 2.54% 30.22% 90.00%
Basic Materials 		6.15% 0.00% 24.13% 17.50%
Communication Services 		5.17% 0.00% 16.87% 57.50%
Real Estate 		3.47% 0.00% 16.03% 67.50%
Energy 		2.22% 0.00% 7.66% 45.00%
Utilities 		0.00% 0.00% 7.67% 85.00%

Stock Geographic Breakdown

Weighting Return Low Return High MGSEX % Rank
Non US 		90.03% 0.00% 99.99% 17.50%
US 		0.69% 0.00% 31.38% 70.00%

MGSEX - Expenses

Operational Fees

MGSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.34% 0.19% 11.83% 25.00%
Management Fee 0.71% 0.19% 1.50% 22.50%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee 0.15% 0.08% 0.15% 87.50%

Sales Fees

MGSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 3.50% 5.75% N/A
Deferred Load N/A 1.00% 1.00% N/A

Trading Fees

MGSEX 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.

MGSEX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 222.00% 9.00% 222.00% 96.97%

MGSEX - Distributions

Dividend Yield Analysis

MGSEX Category Low Category High MGSEX % Rank
Dividend Yield 0.09% 0.00% 8.32% 77.50%

Dividend Distribution Analysis

MGSEX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annual Annual

Net Income Ratio Analysis

MGSEX Category Low Category High MGSEX % Rank
Net Income Ratio -0.69% -1.41% 4.89% 92.50%

Capital Gain Distribution Analysis

MGSEX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Annually Annually

Distributions History

View More +

MGSEX - Fund Manager Analysis

Managers

Ezra Sun

Start Date

Tenure

Tenure Rank

Mar 19, 2021

1.2

1.2%

Partner, Fund Manager and Head of Asia of Veritas Asset Management LLP. Joined the company in 2004. Director of Investment Management and Investment Leader Asia Newton Investment Management 1995 to 2004. Education: BA, (Nankai University, China), MA, (Nankai University, China), Research Student Cambridge University.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.09 22.43 6.4 3.0

Advertisement

×

Wait! Do you know all the important aspects of mutual funds?

×

Free Advisor Access newsletter emailed to you.

Receive free and exclusive email updates for financial advisors about best performers, news, CE accredited webcasts and more.

Sign up for Advisor Access

Receive email updates about best performers, news, CE accredited webcasts and more.

Disclaimer: By registering, you agree to share your data with MutualFunds.com and opt-in to receiving occasional communications about projects and events. The contents of this form are subject to the MutualFunds.com Privacy Policy. You can unsubscribe at any time.