MOWIX: Moerus Worldwide Value Institutional

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MOWIX Moerus Worldwide Value Institutional


Profile

MOWIX - Profile

Vitals

  • YTD Return -23.6%
  • 3 Yr Annualized Return -12.0%
  • 5 Yr Annualized Return N/A
  • Net Assets $31 M
  • Holdings in Top 10 40.5%

52 WEEK LOW AND HIGH

$8.92
$6.30
$11.72

Expenses

OPERATING RELATED FEES

  • Expense Ratio 1.67%

SALES FEES

  • Front Load N/A
  • Deferred Load N/A

BROKERAGE FEES

  • Turnover 21.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $100,000
  • IRA $100,000

Fund Classification


Distributions

  • YTD Total Return -23.6%
  • 3 Yr Annualized Total Return -11.2%
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.95%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Moerus Worldwide Value Fund
  • Fund Family Name
    MOERUS FUNDS
  • Inception Date
    May 31, 2016
  • Shares Outstanding
    N/A
  • Share Class
    Inst
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Amit Wadhwaney

Fund Description

The adviser pursues the fund's investment objective by investing primarily in foreign (including frontier and emerging markets) and domestic common stocks that the advisor believes are undervalued. Under normal market conditions, the fund will invest in at least three different countries and will invest at least 40% of its total assets in securities of issuers organized or having their principal place of business outside the U.S. or doing a substantial amount (more than 50%) of business outside the U.S.


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Categories

Performance

MOWIX - Performance

Return Ranking - Trailing

Period MOWIX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.6% -42.4% 38.3% 99.21%
1 Yr -19.3% -47.6% 46.3% 98.51%
3 Yr -12.0%* -36.4% 17.3% 98.78%
5 Yr N/A* -18.7% 15.7% N/A
10 Yr N/A* -9.0% 13.2% N/A

* Annualized

Return Ranking - Calendar

Period MOWIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.7% -46.3% 66.4% 76.30%
2018 -20.9% -64.5% 1.8% 86.50%
2017 18.3% -38.9% 80.9% 26.14%
2016 N/A -26.1% 36.8% N/A
2015 N/A -42.3% 13.2% N/A

Total Return Ranking - Trailing

Period MOWIX Return Category Return Low Category Return High Rank in Category (%)
YTD -23.6% -42.4% 38.3% 99.21%
1 Yr -19.3% -47.6% 46.3% 98.51%
3 Yr -11.2%* -35.8% 19.9% 98.42%
5 Yr N/A* -16.9% 16.3% N/A
10 Yr N/A* -7.0% 15.7% N/A

* Annualized

Total Return Ranking - Calendar

Period MOWIX Return Category Return Low Category Return High Rank in Category (%)
2019 13.7% -46.3% 66.4% 76.30%
2018 -19.5% -64.5% 4.0% 87.29%
2017 19.3% -9.3% 80.9% 51.88%
2016 N/A -23.9% 39.4% N/A
2015 N/A -34.5% 13.2% N/A

NAV & Total Return History


Holdings

MOWIX - Holdings

Concentration Analysis

MOWIX Category Low Category High MOWIX % Rank
Net Assets 31 M 12 K 55 B 80.77%
Number of Holdings 36 1 8660 26.96%
Net Assets in Top 10 11.8 M 77.7 K 31.9 B 84.98%
Weighting of Top 10 40.47% 10.7% 109.6% 81.53%

Top 10 Holdings

  1. Spectrum Brands Holdings Inc 5.23%
  2. Cameco Corp 5.04%
  3. Shinsei Bank Ltd 4.80%
  4. NN Group NV 3.97%
  5. Jefferies Financial Group Inc 3.86%
  6. Sino Land Co Ltd 3.68%
  7. Arcos Dorados Holdings Inc 3.65%
  8. Telefonica Brasil SA ADR 3.48%
  9. Aker ASA A 3.44%
  10. Standard Chartered PLC 3.33%

Asset Allocation

Weighting Return Low Return High MOWIX % Rank
Stocks
86.31% 62.95% 259.02% 73.46%
Cash
13.70% -93.75% 187.11% 2.20%
Preferred Stocks
0.00% 0.00% 13.36% 70.13%
Other
0.00% -2.38% 75.09% 77.14%
Convertible Bonds
0.00% 0.00% 6.64% 76.84%
Bonds
0.00% -235.37% 29.37% 80.73%

Stock Sector Breakdown

Weighting Return Low Return High MOWIX % Rank
Financial Services
30.92% 0.00% 47.35% 0.65%
Basic Materials
20.22% 0.00% 34.56% 0.53%
Energy
17.11% 0.00% 85.32% 2.73%
Consumer Cyclical
11.97% 0.00% 32.90% 20.44%
Real Estate
9.69% 0.00% 43.77% 5.94%
Consumer Defense
6.06% 0.00% 30.49% 77.72%
Communication Services
4.03% 0.00% 37.99% 87.17%
Utilities
0.00% 0.00% 80.71% 95.66%
Technology
0.00% 0.00% 51.17% 97.15%
Industrials
0.00% 0.00% 47.47% 99.76%
Healthcare
0.00% 0.00% 53.30% 94.00%

Stock Geographic Breakdown

Weighting Return Low Return High MOWIX % Rank
Non US
74.78% 5.26% 193.33% 3.21%
US
11.53% -0.92% 78.23% 96.91%

Expenses

MOWIX - Expenses

Operational Fees

MOWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 1.67% 0.01% 45.88% 19.84%
Management Fee 0.95% 0.00% 1.60% 91.23%
12b-1 Fee 0.00% 0.00% 1.00% 4.85%
Administrative Fee N/A 0.01% 0.70% N/A

Sales Fees

MOWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.25% 5.75% N/A
Deferred Load N/A 1.00% 5.50% N/A

Trading Fees

MOWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 0.20% 2.00% 21.88%

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.

MOWIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 21.00% 0.00% 614.00% 34.89%

Distributions

MOWIX - Distributions

Dividend Yield Analysis

MOWIX Category Low Category High MOWIX % Rank
Dividend Yield 0.00% 0.00% 10.89% 39.52%

Dividend Distribution Analysis

MOWIX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Monthly Annually

Net Income Ratio Analysis

MOWIX Category Low Category High MOWIX % Rank
Net Income Ratio 0.95% -7.55% 13.14% 76.06%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MOWIX - Fund Manager Analysis

Managers

Amit Wadhwaney


Start Date

Tenure

Tenure Rank

May 31, 2016

4.25

4.3%

Mr. Wadhwaney is the Chief Investment Officer, portfolio manager and founding partner of Moerus Capital Management LLC. he has many years of experience researching and analyzing investment opportunities in developed, emerging, and frontier markets worldwide, and has managed global investment portfolios since 1996. Prior to founding Moerus, Mr. Wadhwaney was a Portfolio Manager and Partner at Third Avenue Management LLC where he founded the international business at the firm, and was the portfolio manager for several Third Avenue mutual funds. Mr. Wadhwaney also served as portfolio manager and/or research analyst to several other mutual funds managed by various advisers. Mr. Wadhwaney holds an M.B.A. in Finance from The University of Chicago (1982 through 1983). He also holds a B.A. with honors and an M.A. in Economics from Concordia University in Montreal, Canada (1977 through 1980). At Concordia, he was awarded the Sun Life Prize and the Concordia University Fellow in Economics, and he subsequently taught economics classes there. He also holds B.S. degrees in Chemical Engineering and Mathematics from the University of Minnesota (1970 through 1974).

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 38.02 5.19 0.67