IDVCX: Copeland Intl Risk Mgd Div Gr C

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IDVCX Copeland Intl Risk Mgd Div Gr C


Profile

IDVCX - Profile

Vitals

  • YTD Return -13.7%
  • 3 Yr Annualized Return -1.6%
  • 5 Yr Annualized Return -1.6%
  • Net Assets $7.19 M
  • Holdings in Top 10 50.2%

52 WEEK LOW AND HIGH

$10.54
$8.46
$12.44

Expenses

OPERATING RELATED FEES

  • Expense Ratio 3.18%

SALES FEES

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

BROKERAGE FEES

  • Turnover 147.00%

TRADING FEES

  • Max Redemption Fee 1.00%

Min Investment

  • Standard (Taxable) $2,500
  • IRA $500

Fund Classification


Distributions

  • YTD Total Return -13.7%
  • 3 Yr Annualized Total Return -1.5%
  • 5 Yr Annualized Total Return -1.5%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio -0.16%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Quarterly

Fund Details

  • Legal Name
    Copeland International Risk Managed Dividend Growth Fund
  • Fund Family Name
    Copeland Funds
  • Inception Date
    Dec 17, 2012
  • Shares Outstanding
    N/A
  • Share Class
    C
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Erik Granade

Fund Description

Under normal market conditions, the fund invests at least 80% of its net assets in securities that have increased their dividend for a minimum of three consecutive years. To manage risk, the adviser utilizes a quantitative model to determine when abnormal market conditions exist, which may lead to the investment of up to 100% of the portfolio in temporary defensive investments such as cash and cash equivalents, short term ETFs and investment grade bonds.


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Categories

Performance

IDVCX - Performance

Return Ranking - Trailing

Period IDVCX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.7% -44.2% 33.6% 97.93%
1 Yr -8.7% -42.5% 50.1% 94.34%
3 Yr -1.6%* -14.3% 29.1% 94.89%
5 Yr -1.6%* -9.3% 18.1% 96.44%
10 Yr N/A* 0.6% 12.9% N/A

* Annualized

Return Ranking - Calendar

Period IDVCX Return Category Return Low Category Return High Rank in Category (%)
2019 12.3% -4.0% 45.1% 95.74%
2018 -9.6% -32.2% 68.4% 6.60%
2017 22.8% 0.0% 50.9% 87.82%
2016 -7.6% -12.2% 5.7% 89.77%
2015 -3.4% -16.3% 8.1% 84.94%

Total Return Ranking - Trailing

Period IDVCX Return Category Return Low Category Return High Rank in Category (%)
YTD -13.7% -44.2% 33.6% 97.93%
1 Yr -8.7% -42.5% 50.1% 94.34%
3 Yr -1.5%* -13.4% 29.1% 95.13%
5 Yr -1.5%* -8.5% 18.1% 98.81%
10 Yr N/A* 1.3% 14.7% N/A

* Annualized

Total Return Ranking - Calendar

Period IDVCX Return Category Return Low Category Return High Rank in Category (%)
2019 12.3% -4.0% 45.1% 95.74%
2018 -9.6% -32.2% 68.4% 11.32%
2017 23.2% 0.0% 53.4% 94.56%
2016 -7.6% -12.2% 8.0% 93.75%
2015 -3.4% -15.1% 11.4% 89.42%

NAV & Total Return History


Holdings

IDVCX - Holdings

Concentration Analysis

IDVCX Category Low Category High IDVCX % Rank
Net Assets 7.19 M 10 149 B 96.52%
Number of Holdings 67 6 1011 56.17%
Net Assets in Top 10 3.61 M 698 K 24.5 B 96.30%
Weighting of Top 10 50.23% 12.2% 99.1% 6.79%

Top 10 Holdings

  1. United States Treasury Notes 1.5% 39.79%
  2. OBIC Co Ltd 1.26%
  3. Roche Holding AG Dividend Right Cert. 1.20%
  4. Tokio Marine Holdings Inc 1.19%
  5. DCC PLC 1.17%
  6. Shin-Etsu Chemical Co Ltd 1.14%
  7. Experian PLC 1.13%
  8. Tencent Holdings Ltd 1.13%
  9. Shionogi & Co Ltd 1.12%
  10. Nestle SA 1.11%

Asset Allocation

Weighting Return Low Return High IDVCX % Rank
Stocks
55.12% 55.12% 104.23% 99.59%
Bonds
39.79% 0.00% 39.79% 0.20%
Cash
5.09% -5.87% 19.94% 24.90%
Preferred Stocks
0.00% 0.00% 0.24% 13.79%
Other
0.00% -4.40% 7.25% 24.69%
Convertible Bonds
0.00% 0.00% 1.80% 8.64%

Stock Sector Breakdown

Weighting Return Low Return High IDVCX % Rank
Industrials
16.61% 0.00% 25.14% 14.20%
Healthcare
14.27% 3.55% 42.36% 63.99%
Financial Services
14.19% 0.00% 30.66% 41.36%
Technology
11.93% 0.07% 38.59% 90.33%
Consumer Defense
11.82% 1.43% 40.16% 45.27%
Communication Services
8.98% 0.00% 28.30% 30.66%
Basic Materials
5.36% 0.00% 16.11% 43.83%
Real Estate
4.92% 0.00% 12.59% 2.88%
Utilities
4.73% 0.00% 15.08% 7.61%
Consumer Cyclical
3.77% 2.07% 49.84% 96.50%
Energy
3.41% 0.00% 8.56% 12.35%

Stock Geographic Breakdown

Weighting Return Low Return High IDVCX % Rank
Non US
51.52% 51.52% 103.95% 99.59%
US
3.60% 0.00% 20.60% 60.29%

Bond Sector Breakdown

Weighting Return Low Return High IDVCX % Rank
Government
87.28% 0.00% 87.28% 0.21%
Cash & Equivalents
12.72% 0.41% 100.00% 97.50%
Derivative
0.00% 0.00% 86.83% 25.83%
Securitized
0.00% 0.00% 0.00% 7.92%
Corporate
0.00% 0.00% 23.45% 22.29%
Municipal
0.00% 0.00% 15.73% 9.38%

Bond Geographic Breakdown

Weighting Return Low Return High IDVCX % Rank
US
39.79% 0.00% 39.79% 0.21%
Non US
0.00% 0.00% 0.23% 11.93%

Expenses

IDVCX - Expenses

Operational Fees

IDVCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 3.18% 0.01% 55.61% 3.50%
Management Fee 1.10% 0.00% 1.50% 96.93%
12b-1 Fee 1.00% 0.00% 1.00% 79.12%
Administrative Fee N/A 0.01% 0.40% 53.29%

Sales Fees

IDVCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 0.21% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

IDVCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee 1.00% 0.10% 2.00% 74.51%

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.

IDVCX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 147.00% 4.00% 151.99% 97.94%

Distributions

IDVCX - Distributions

Dividend Yield Analysis

IDVCX Category Low Category High IDVCX % Rank
Dividend Yield 0.00% 0.00% 7.18% 17.38%

Dividend Distribution Analysis

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

Net Income Ratio Analysis

IDVCX Category Low Category High IDVCX % Rank
Net Income Ratio -0.16% -1.17% 3.11% 90.58%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

IDVCX - Fund Manager Analysis

Managers

Erik Granade


Start Date

Tenure

Tenure Rank

Dec 17, 2012

7.46

7.5%

Mr. Granade is the Head of International Equities at Copeland Capital Management. He is a Principal and a member of the Firm’s Management Committee. Erik is a Portfolio Manager for all of Copeland’s International and Global strategies. Prior to joining Copeland Capital Management in July 2012, Erik was Chief Investment Officer and Portfolio Manager for Invesco's global equity team in Atlanta. While at Invesco, he had overall responsibility for the team's international equity, global equity, and emerging market equity strategies. Prior to joining Invesco, Erik was Head of International Equities at Cashman, Farrell & Associates in Philadelphia, PA. Preceding that, Erik worked at PNC Bank as a Senior International Equity Manager for Provident Capital Management, the firm's institutional money management business, and as a Securities Analyst. Erik received his BA in economics from Trinity College in Hartford, CT and holds the Chartered Financial Analyst (CFA®) and Chartered Investment Counselor designations. He is a member of the CFA Institute and the CFA Society of Atlanta.

Kenneth Lee


Start Date

Tenure

Tenure Rank

Mar 31, 2014

6.17

6.2%

Mr. Lee is a Portfolio Manager and a Principal at Copeland Capital Management. Ken is a Portfolio Manager for all of Copeland’s International and Global strategies. Prior to joining Copeland in January 2013, Ken was Portfolio Manager and Managing Director at Mercury Partners in Greenwich, CT, a multi-strategy investment firm offering hedge fund and long-only equity strategies. Ken managed Mercury’s Asia Special Situations Fund. Prior to Mercury, Ken was a Vice President at Deutsche Bank (New York) and an Associate at Wachovia Securities (New York), where he focused on Mergers & Acquisitions in their Real Estate, Lodging & Gaming Investment Banking Group. Previously, Ken was a management consultant at McKinsey & Company and AlixPartners, where he specialized in corporate restructuring and turnarounds for United States and Asian clients across consumer, technology, industrial, and telecommunications sectors. Ken holds a Master of Business Administration (MBA) from Harvard Business School and a BA in Economic History from Dartmouth College.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.03 25.68 7.27 17.59