Fiera Capital International Equity Inv
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.0%
1 yr return
-4.4%
3 Yr Avg Return
6.1%
5 Yr Avg Return
5.8%
Net Assets
$232 M
Holdings in Top 10
48.2%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.25%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 12.00%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
FCIRX - Profile
Distributions
- YTD Total Return 9.0%
- 3 Yr Annualized Total Return 6.1%
- 5 Yr Annualized Total Return 6.0%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.27%
- Dividend Yield 0.7%
- Dividend Distribution Frequency Annually
Fund Details
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Legal NameFiera Capital International Equity Fund
-
Fund Family NameFiera Capital
-
Inception DateSep 29, 2017
-
Shares OutstandingN/A
-
Share ClassInv
-
CurrencyUSD
-
Domiciled CountryUnited States
Fund Description
StonePine Asset Management Inc., the Fund’s sub-adviser (the “Sub-Adviser”), subject to the oversight of the Adviser, seeks to achieve the Fund’s investment objective by investing in a portfolio of international equities. The Fund may invest in issuers with market capitalizations of any size, though it generally expects to focus on issuers with market capitalization in excess of $1 billion.
Under normal market conditions, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities of companies located in at least three countries other than the United States, including emerging market countries. For these purposes, a company is considered located in a country outside the United States if: (i) the company’s securities are principally traded on such country’s exchange or (ii) the company’s securities are included in the MSCI World Ex-US Index. In addition, the Fund considers countries represented in the MSCI Emerging Markets Index to be emerging market countries. From time to time, the Fund may focus its investments in certain countries or geographic areas, including Europe. Equity securities include common stock, preferred stock, convertible securities and depositary receipts.
The Fund may from time to time emphasize one or more sectors in selecting its investments, including the consumer non-cyclical and industrials sectors.
In addition, the Fund may enter into forward currency contracts to hedge the currency exposure associated with some or all of the Fund’s securities, to shift investment exposure from one currency to another, to shift U.S. dollar exposure to achieve a representative weighted mix of major currencies in its benchmark, or to adjust an underweight country exposure in its portfolio. The Fund may also invest in securities issued by other investment companies.
In pursuing the Fund’s investment objective, the Sub-Adviser employs a bottom-up stock selection approach which results in a portfolio generally ranging from 25 to 45 companies. A bottom-up stock selection approach focuses on the analysis of individual stocks (microeconomic factors) as opposed to the significance of economic cycles and market cycles (macroeconomic factors).
The Sub-Adviser looks for companies that have growth potential that are believed to be trading at attractive valuations. In doing so, the Sub-Adviser focuses on companies believed by the portfolio management team to have the following characteristics, among others:
● | Sustainable competitive advantage in an industry with high barriers to entry; |
● | Attractive industry with pricing power, organic growth and limited cyclicality; |
● | Strong management teams with sound corporate governance; |
● | History of stable profit margins; |
● | Solid balance sheet with low leverage; and |
● | Attractive valuation with a stock price below intrinsic value. |
In evaluating whether to sell a security, the Sub-Adviser considers, among other factors, whether in its view the company no longer continues to meet the standards described above and/or the Sub-Adviser believes there are more attractive opportunities available for investment by the Fund.
FCIRX - Performance
Return Ranking - Trailing
Period | FCIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.0% | -39.3% | 20.9% | 56.69% |
1 Yr | -4.4% | -57.2% | 1.9% | 12.16% |
3 Yr | 6.1%* | -19.6% | 9.3% | 2.27% |
5 Yr | 5.8%* | -12.4% | 33.9% | 3.21% |
10 Yr | N/A* | -4.0% | 9.6% | N/A |
* Annualized
Return Ranking - Calendar
Period | FCIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -20.4% | -49.5% | 18.2% | 17.70% |
2021 | 7.6% | -15.6% | 82.1% | 4.57% |
2020 | 5.4% | -1.7% | 28.8% | 63.04% |
2019 | 6.7% | -18.5% | 9.7% | 26.74% |
2018 | -1.9% | -7.5% | 23.4% | 9.71% |
Total Return Ranking - Trailing
Period | FCIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.0% | -42.7% | 20.9% | 56.69% |
1 Yr | -4.4% | -57.2% | 1.9% | 12.16% |
3 Yr | 6.1%* | -19.6% | 9.3% | 2.27% |
5 Yr | 6.0%* | -12.4% | 33.9% | 2.62% |
10 Yr | N/A* | -3.3% | 9.6% | N/A |
* Annualized
Total Return Ranking - Calendar
Period | FCIRX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -20.4% | -49.5% | 18.2% | 17.70% |
2021 | 7.6% | -15.6% | 82.1% | 4.57% |
2020 | 5.4% | -1.7% | 28.8% | 63.04% |
2019 | 6.7% | -18.5% | 9.7% | 26.74% |
2018 | -1.7% | -7.5% | 23.4% | 9.12% |
NAV & Total Return History
FCIRX - Holdings
Concentration Analysis
FCIRX | Category Low | Category High | FCIRX % Rank | |
---|---|---|---|---|
Net Assets | 232 M | 167 K | 150 B | 73.98% |
Number of Holdings | 34 | 5 | 516 | 95.24% |
Net Assets in Top 10 | 127 M | 59.2 K | 33.4 B | 69.39% |
Weighting of Top 10 | 48.17% | 10.3% | 99.1% | 8.39% |
Top 10 Holdings
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
- Keyence Corp 7.42%
Asset Allocation
Weighting | Return Low | Return High | FCIRX % Rank | |
---|---|---|---|---|
Stocks | 99.11% | 88.72% | 101.51% | 16.10% |
Other | 0.89% | -0.02% | 3.64% | 7.26% |
Preferred Stocks | 0.00% | 0.00% | 0.40% | 58.28% |
Convertible Bonds | 0.00% | 0.00% | 2.45% | 53.97% |
Cash | 0.00% | -1.51% | 11.28% | 96.60% |
Bonds | 0.00% | 0.00% | 0.11% | 55.33% |
Stock Sector Breakdown
Weighting | Return Low | Return High | FCIRX % Rank | |
---|---|---|---|---|
Consumer Defense | 21.27% | 0.00% | 28.66% | 4.76% |
Industrials | 17.92% | 0.68% | 31.28% | 27.21% |
Healthcare | 15.38% | 1.36% | 29.58% | 43.76% |
Financial Services | 14.92% | 0.00% | 38.62% | 44.22% |
Consumer Cyclical | 14.43% | 0.00% | 70.95% | 27.89% |
Technology | 13.02% | 1.51% | 38.21% | 82.31% |
Basic Materials | 3.07% | 0.00% | 23.15% | 85.03% |
Utilities | 0.00% | 0.00% | 19.97% | 74.60% |
Real Estate | 0.00% | 0.00% | 17.78% | 75.28% |
Energy | 0.00% | 0.00% | 24.97% | 81.86% |
Communication Services | 0.00% | 0.00% | 41.13% | 93.65% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | FCIRX % Rank | |
---|---|---|---|---|
Non US | 94.14% | 70.50% | 101.51% | 26.98% |
US | 4.97% | 0.00% | 25.68% | 51.25% |
FCIRX - Expenses
Operational Fees
FCIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.25% | 0.01% | 2.91% | 25.23% |
Management Fee | 0.80% | 0.00% | 1.50% | 65.16% |
12b-1 Fee | 0.25% | 0.00% | 1.00% | 37.25% |
Administrative Fee | N/A | 0.03% | 0.80% | N/A |
Sales Fees
FCIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
FCIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.25% | 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.
FCIRX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 12.00% | 7.00% | 330.00% | 13.14% |
FCIRX - Distributions
Dividend Yield Analysis
FCIRX | Category Low | Category High | FCIRX % Rank | |
---|---|---|---|---|
Dividend Yield | 0.67% | 0.00% | 7.40% | 68.10% |
Dividend Distribution Analysis
FCIRX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Semi-Annually | Annually |
Net Income Ratio Analysis
FCIRX | Category Low | Category High | FCIRX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.27% | -1.69% | 3.16% | 49.31% |
Capital Gain Distribution Analysis
FCIRX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Semi-Annually | Annually |