CNZLX: Commonwealth Australia/New Zealand Fund - MutualFunds.com

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Commonwealth Australia/New Zealand

CNZLX - Snapshot

Vitals

  • YTD Return 7.3%
  • 3 Yr Annualized Return 2.8%
  • 5 Yr Annualized Return 7.6%
  • Net Assets $15.3 M
  • Holdings in Top 10 52.0%

52 WEEK LOW AND HIGH

$14.43
$7.77
$14.46

Expenses

OPERATING RELATED FEES

  • Expense Ratio 2.69%

SALES FEES

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

BROKERAGE FEES

  • Turnover 6.00%

TRADING FEES

  • Max Redemption Fee 2.00%

Min Investment

  • Standard (Taxable) $200
  • IRA N/A

Fund Classification


Compare CNZLX to Popular Small Regions Equity Funds and ETFs

Overview

Income Profile

Income Risk

Returns Profile

Allocations

Expenses

About

$77.86

+1.47%

$4.92 B

1.70%

$1.31

25.20%

-

$11.47

+0.53%

$3.89 B

2.22%

$0.25

1.59%

-

$26.52

+0.49%

$3.64 B

-

-

1.96%

-

$30.73

+0.49%

$2.36 B

0.91%

$0.28

4.52%

-

$28.94

-0.10%

$2.16 B

3.43%

$0.99

-15.13%

-

CNZLX - Profile

Distributions

  • YTD Total Return 7.3%
  • 3 Yr Annualized Total Return 2.8%
  • 5 Yr Annualized Total Return 7.6%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 0.75%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Commonwealth Australia/New Zealand Fund
  • Fund Family Name
    Commonwealth Intl Series Tr
  • Inception Date
    Nov 25, 1991
  • Shares Outstanding
    N/A
  • Share Class
    No Load
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Robert Scharar

Fund Description

The fund normally invests at least 80% of its net assets in the securities of, and depositary receipts (including American Depositary Receipts ("ADRs"), Global Depositary Receipts ("GDRs"), and European Depositary Receipts ("EDRs")) represented by, Australian and New Zealand issuers that are tied economically to Australia or New Zealand. It may invest in shares of other investment companies, including open-end and closed-end funds and exchange-traded funds. The fund may also enter into derivative transactions.


CNZLX - Performance

Return Ranking - Trailing

Period CNZLX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.3% -57.2% 256.8% 20.51%
1 Yr 3.7% -61.8% 34.3% 19.66%
3 Yr 2.8%* -22.8% 12.8% 19.61%
5 Yr 7.6%* -13.0% 14.4% 16.00%
10 Yr 5.0%* -11.3% 12.1% 23.33%

* Annualized

Return Ranking - Calendar

Period CNZLX Return Category Return Low Category Return High Rank in Category (%)
2019 10.4% -19.5% 46.8% 64.96%
2018 -11.9% -43.5% 14.1% 21.82%
2017 15.4% -29.3% 409.6% 67.01%
2016 13.7% -39.7% 262.7% 38.14%
2015 -9.1% -42.6% 20.7% 54.35%

Total Return Ranking - Trailing

Period CNZLX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.3% -57.2% 42.4% 17.95%
1 Yr 3.7% -61.8% 34.3% 19.66%
3 Yr 2.8%* -22.8% 12.8% 17.65%
5 Yr 7.6%* -13.0% 14.4% 16.00%
10 Yr 5.0%* -11.3% 12.1% 23.33%

* Annualized

Total Return Ranking - Calendar

Period CNZLX Return Category Return Low Category Return High Rank in Category (%)
2019 10.4% -19.5% 46.8% 64.96%
2018 -11.9% -43.5% 14.1% 21.82%
2017 16.1% -29.3% 55.0% 65.98%
2016 16.6% -39.7% 99.4% 28.87%
2015 -6.4% -42.6% 20.7% 51.09%

NAV & Total Return History


CNZLX - Holdings

Concentration Analysis

CNZLX Category Low Category High CNZLX % Rank
Net Assets 15.3 M 680 K 4.92 B 82.20%
Number of Holdings 47 10 752 54.24%
Net Assets in Top 10 7.7 M 429 K 2.5 B 82.20%
Weighting of Top 10 52.00% 12.1% 100.0% 63.56%

Top 10 Holdings

  1. South Port New Zealand Ltd 16.91%
  2. South Port New Zealand Ltd 16.91%
  3. South Port New Zealand Ltd 16.91%
  4. South Port New Zealand Ltd 16.91%
  5. South Port New Zealand Ltd 16.91%
  6. South Port New Zealand Ltd 16.91%
  7. South Port New Zealand Ltd 16.91%
  8. South Port New Zealand Ltd 16.91%
  9. South Port New Zealand Ltd 16.91%
  10. South Port New Zealand Ltd 16.91%

Asset Allocation

Weighting Return Low Return High CNZLX % Rank
Stocks
98.78% 91.73% 101.03% 79.66%
Cash
1.21% -1.03% 14.05% 16.95%
Preferred Stocks
0.00% 0.00% 2.28% 44.92%
Other
0.00% -10.00% 8.13% 49.15%
Convertible Bonds
0.00% 0.00% 0.00% 44.07%
Bonds
0.00% -1.34% 0.05% 44.92%

Stock Sector Breakdown

Weighting Return Low Return High CNZLX % Rank
Industrials
37.82% 0.00% 38.47% 1.71%
Healthcare
26.40% 0.00% 38.26% 5.98%
Utilities
10.52% 0.00% 36.11% 10.26%
Consumer Cyclical
8.20% 0.00% 35.71% 37.61%
Consumer Defense
5.67% 0.00% 32.76% 60.68%
Technology
3.48% 0.00% 48.36% 53.85%
Financial Services
2.65% 0.00% 65.85% 97.44%
Communication Services
2.24% 0.00% 33.36% 87.18%
Energy
1.93% 0.00% 43.14% 59.83%
Real Estate
0.87% 0.00% 27.65% 63.25%
Basic Materials
0.24% 0.00% 46.96% 94.87%

Stock Geographic Breakdown

Weighting Return Low Return High CNZLX % Rank
Non US
98.55% 0.00% 101.03% 57.63%
US
0.23% 0.00% 94.14% 37.29%

CNZLX - Expenses

Operational Fees

CNZLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 2.69% 0.09% 21.28% 2.59%
Management Fee 0.75% 0.00% 1.35% 83.05%
12b-1 Fee 0.25% 0.00% 1.00% 78.95%
Administrative Fee N/A 0.08% 0.15% N/A

Sales Fees

CNZLX 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

CNZLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 2.00% 2.00% 2.00% 57.14%

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.

CNZLX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 6.00% 2.00% 372.66% 7.83%

CNZLX - Distributions

Dividend Yield Analysis

CNZLX Category Low Category High CNZLX % Rank
Dividend Yield 0.00% 0.00% 13.73% 81.36%

Dividend Distribution Analysis

CNZLX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Quarterly Annually

Net Income Ratio Analysis

CNZLX Category Low Category High CNZLX % Rank
Net Income Ratio 0.75% -2.81% 11.79% 84.62%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

CNZLX - Fund Manager Analysis

Managers

Robert Scharar


Start Date

Tenure

Tenure Rank

Nov 25, 1991

28.95

29.0%

Scharar is a president and director of FCA Corporation, the firm he established in 1983. He co-founded its predecessor, First Commonwealth Associates in 1975. Previously, Scharar was an accounting professor at Bentley and Nichols Colleges, an officer of the United States Trust Company, and a tax specialist at Coopers & Lybrand. He is a member of the Florida and Massachusetts Bars. Scharar holds the Certified Public Accountant designation. Mr. Scharar is a director and past president of the American Association of Attorney-CPAs. He is a director, manager, and/or officer of the following entities: Blantyre Hotels, Ltd. (Malawi), Africap, LLC, NICO Holdings, Ltd. (Malawi), First Commonwealth Holdings Corporation, First Commonwealth Mortgage Trust, Holly Mortgage Trust, Ivy Realty Trust, Nashville Properties, Inc., subsidiary companies at some of the above, and other closely held FCA advised entities and non-FCA related entities. He received his AA degree from Polk Community College in 1968 and his BS in Accounting from the University of Florida in 1970. He received his MBA and JD from Northeastern University in 1971 and 1974, respectively; and an LLM in Taxation from Boston University Law School in 1979.

Wesley Yuhnke


Start Date

Tenure

Tenure Rank

Aug 31, 2002

18.18

18.2%

Yuhnke currently is an assistant portfolio manager and investment operations manager with FCA Corp, which he joined in May 2002. He was appointed assistant portfolio manager in August 2002. Prior to joining FCA Corp, he attended Stephen F. Austin State University where he received his BBA in Finance. While there he was the recipient of the A.G. Edwards Portfolio Management Award. Mr. Yuhnke earned his MBA with emphasis in Finance from Texas Tech University. He currently serves in a dual role as an Assistant Portfolio Manager to the Funds and Chief Investment Officer of FCA Corp.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 30.22 5.34 1.84
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