Continue to site >
Trending ETFs

Name

As of 03/27/2024

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

$14.08

$233 M

0.00%

0.75%

Vitals

YTD Return

3.6%

1 yr return

15.3%

3 Yr Avg Return

2.6%

5 Yr Avg Return

5.7%

Net Assets

$233 M

Holdings in Top 10

35.5%

52 WEEK LOW AND HIGH

$14.0
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.75%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 9.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 03/27/2024

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

$14.08

$233 M

0.00%

0.75%

MBEQX - Profile

Distributions

  • YTD Total Return 3.6%
  • 3 Yr Annualized Total Return 2.6%
  • 5 Yr Annualized Total Return 5.7%
  • Capital Gain Distribution Frequency Annually
  • Net Income Ratio 2.20%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency None

Fund Details

  • Legal Name
    M International Equity Fund
  • Fund Family Name
    M Funds
  • Inception Date
    Apr 25, 2002
  • Shares Outstanding
    N/A
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    William Collins-Dean

Fund Description

To achieve the Fund's investment objective, Dimensional Fund Advisors LP ("Dimensional") implements an integrated investment approach that combines research, portfolio design, portfolio management, and trading functions. As further described below, the Fund's design emphasizes long-term drivers of expected returns identified by Dimensional's research, while balancing risk through broad diversification across companies and sectors. Dimensional's portfolio management and trading processes further balance those long-term drivers of expected returns with shorter-term drivers of expected returns and trading costs.

The Fund is designed to provide exposure to a broad and diverse group of securities of non-U.S. companies in countries with developed and emerging markets. The Fund invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies as compared to their representation in the Non-U.S. Universe. For purposes of the Fund, Dimensional defines the Non-U.S. Universe as a market capitalization weighted set (e.g., the larger the company, the greater the proportion of the Non-U.S. Universe it represents) of non-U.S. companies in developed and emerging markets that have been authorized for investment as approved markets by Dimensional's Investment Committee. The Fund may pursue its investment objective by investing its assets directly and/or indirectly in the Emerging Markets Core Equity Portfolio of DFA Investment Dimensions Group Inc. (the "Underlying Fund"). The Underlying Fund is designed to purchase a broad and diverse group of securities associated with emerging markets, which may include frontier markets (emerging market countries in an earlier stage of development). The Underlying Fund invests in companies of all sizes, with increased exposure to smaller capitalization, lower relative price, and higher profitability companies. As of the date of this prospectus, it is anticipated that a significant portion of the Fund's assets will be invested indirectly through the Underlying Fund.

The Fund's increased exposure to smaller capitalization, lower relative price, and higher profitability companies may be achieved by decreasing the allocation of the Fund's assets to larger capitalization, higher relative price, or lower profitability companies relative to their weight in the Non-U.S. Universe. An equity issuer is considered to have a high relative price (i.e., a growth stock) primarily because it has a high price in relation to its book value. An equity issuer is considered to have a low relative price (i.e., a value stock) primarily because it has a low price in relation to its book value. In assessing relative price, Dimensional may consider additional factors such as price-to-cash flow or price-to-earnings ratios. An equity issuer is considered to have high profitability because it has high earnings or profits from operations in relation to its book value or assets. The criteria Dimensional uses for assessing relative price and profitability are subject to change from time to time.

Dimensional may also increase or reduce the Fund's exposure to an eligible company, or exclude a company, based on shorter-term considerations, such as a company's price momentum and investment characteristics. In

assessing a company's investment characteristics, Dimensional considers ratios such as recent changes in assets divided by total assets. The criteria Dimensional uses for assessing a company's investment characteristics are subject to change from time to time. In addition, Dimensional seeks to reduce trading costs using a flexible trading approach that looks for opportunities to participate in the available market liquidity, while managing turnover and explicit transaction costs.

The Fund will normally invest at least 80% of its total assets in equity securities of issuers located in at least three countries other than the United States. These countries may include, but are not limited to, the nations of Western Europe, North and South America, Australia, Africa and Asia. This strategy is not fundamental (it may be changed without shareholder approval), but should the Fund decide to change this strategy, it will provide shareholders with at least 60 days' notice. The Fund may invest up to 40% of its total assets in emerging markets.

The Fund may gain exposure to companies associated with approved markets by purchasing equity securities in the form of depositary receipts, which may be listed or traded outside the issuer's domicile country. The Fund may also purchase or sell futures contracts and options on futures contracts for foreign or U.S. equity securities and indices to increase or decrease equity market exposure based on actual or expected cash inflows to or outflows from the Fund. Because many of the Fund's investments may be denominated in foreign currencies, the Fund may enter into foreign currency exchange transactions, including foreign currency forward contracts, in connection with the settlement of foreign securities or to transfer cash balances from one currency to another currency.

Read More

MBEQX - Performance

Return Ranking - Trailing

Period MBEQX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -1.4% 32.0% 84.31%
1 Yr 15.3% 0.7% 28.0% 60.38%
3 Yr 2.6%* -13.5% 48.7% 52.21%
5 Yr 5.7%* -33.8% 76.8% 79.28%
10 Yr 1.4%* -0.1% 16.8% 98.47%

* Annualized

Return Ranking - Calendar

Period MBEQX Return Category Return Low Category Return High Rank in Category (%)
2023 12.7% -7.3% 22.0% 55.60%
2022 -16.5% -43.6% 71.3% 27.44%
2021 8.4% -28.5% 18.9% 20.67%
2020 7.3% -90.1% 992.1% 55.03%
2019 17.2% -2.2% 38.8% 75.54%

Total Return Ranking - Trailing

Period MBEQX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.6% -1.4% 32.0% 84.31%
1 Yr 15.3% 0.7% 28.0% 60.38%
3 Yr 2.6%* -13.5% 48.7% 52.21%
5 Yr 5.7%* -33.8% 76.8% 79.28%
10 Yr 1.4%* -0.1% 16.8% 98.47%

* Annualized

Total Return Ranking - Calendar

Period MBEQX Return Category Return Low Category Return High Rank in Category (%)
2023 16.0% 3.2% 41.4% 53.24%
2022 -14.2% -43.6% 144.8% 25.04%
2021 11.0% -22.6% 56.0% 41.04%
2020 7.3% -89.7% 1010.8% 77.99%
2019 17.2% 4.3% 38.8% 95.84%

NAV & Total Return History


MBEQX - Holdings

Concentration Analysis

MBEQX Category Low Category High MBEQX % Rank
Net Assets 233 M 1.97 M 366 B 70.25%
Number of Holdings 3135 1 10801 3.64%
Net Assets in Top 10 82.7 M 0 36.8 B 63.85%
Weighting of Top 10 35.54% 2.5% 111.6% 17.35%

Top 10 Holdings

  1. DFA Emerging Markets Core Equity Portfolio 28.62%
  2. State Street Navigator Securities Lending Government Money Market Portfolio 1.39%
  3. Novo Nordisk AS 0.92%
  4. TotalEnergies SE 0.91%
  5. Roche Holding AG 0.69%
  6. LVMH Moet Hennessy Louis Vuitton SE 0.69%
  7. Nestle SA 0.64%
  8. ASML Holding NV 0.63%
  9. Shell PLC 0.59%
  10. Toyota Motor Corp. 0.47%

Asset Allocation

Weighting Return Low Return High MBEQX % Rank
Stocks
98.63% 0.00% 122.60% 29.74%
Cash
1.39% -22.43% 100.00% 59.91%
Preferred Stocks
0.36% -0.01% 7.60% 38.92%
Other
0.00% -2.97% 43.01% 43.00%
Convertible Bonds
0.00% 0.00% 4.18% 3.65%
Bonds
0.00% -0.68% 71.30% 13.12%

Stock Sector Breakdown

Weighting Return Low Return High MBEQX % Rank
Financial Services
16.90% 0.00% 47.75% 61.94%
Industrials
14.48% 5.17% 99.49% 55.22%
Technology
11.91% 0.00% 36.32% 46.12%
Basic Materials
11.50% 0.00% 23.86% 7.01%
Consumer Cyclical
11.25% 0.00% 36.36% 30.15%
Healthcare
7.72% 0.00% 21.01% 89.25%
Consumer Defense
7.57% 0.00% 32.29% 81.19%
Communication Services
6.44% 0.00% 21.69% 42.39%
Energy
6.27% 0.00% 16.89% 19.55%
Utilities
3.34% 0.00% 13.68% 31.49%
Real Estate
2.61% 0.00% 14.59% 32.84%

Stock Geographic Breakdown

Weighting Return Low Return High MBEQX % Rank
Non US
67.12% 0.00% 121.07% 88.78%
US
31.51% 0.00% 103.55% 8.16%

MBEQX - Expenses

Operational Fees

MBEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.75% 0.01% 18.22% 71.97%
Management Fee 0.31% 0.00% 1.65% 19.12%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 1.00% N/A

Sales Fees

MBEQX 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% 5.00% N/A

Trading Fees

MBEQX 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.

MBEQX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 9.00% 2.00% 247.00% 12.13%

MBEQX - Distributions

Dividend Yield Analysis

MBEQX Category Low Category High MBEQX % Rank
Dividend Yield 0.00% 0.00% 24.61% 26.42%

Dividend Distribution Analysis

MBEQX Category Low Category High Category Mod
Dividend Distribution Frequency None Annually SemiAnnual SemiAnnual

Net Income Ratio Analysis

MBEQX Category Low Category High MBEQX % Rank
Net Income Ratio 2.20% -0.93% 6.38% 28.81%

Capital Gain Distribution Analysis

MBEQX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Annually Semi-Monthly Annually

Distributions History

View More +

MBEQX - Fund Manager Analysis

Managers

William Collins-Dean


Start Date

Tenure

Tenure Rank

Dec 12, 2018

3.47

3.5%

Will Collins-Dean is a Portfolio Manager and Vice President of the Sub-Adviser. Mr. Collins-Dean received his MBA from the University of Chicago and is bachelor’s degree from Wake Forest University. Mr. Collins-Dean joined the Sub-Adviser in 2014 and has been a portfolio manager since 2016.

Jed Fogdall


Start Date

Tenure

Tenure Rank

Dec 12, 2018

3.47

3.5%

Jed S. Fogdall is a Co-Head of Portfolio Management and Vice President of Dimensional and a member of Dimensional’s Investment Committee. Mr. Fogdall has an MBA from the University of California, Los Angeles and a BS from Purdue University. Mr. Fogdall joined Dimensional as a Portfolio Manager in 2004 and has been responsible for international portfolios since 2010 and domestic portfolios since 2012.

Bhanu Singh


Start Date

Tenure

Tenure Rank

Dec 12, 2018

3.47

3.5%

Bhanu P. Singh is Vice President and a Senior Portfolio Manager of the Sub-Adviser. Mr. Singh joined Dimensional originally in 2003 and has been a portfolio manager since 2012. Mr. Singh has an M.B.A. from the University of Chicago Booth School of Business and a B.A. from the University of California, Los Angeles.

Mary Phillips


Start Date

Tenure

Tenure Rank

Dec 12, 2018

3.47

3.5%

Mary T. Phillips, CFA, Deputy Head of Portfolio Management, North America, Senior Portfolio Manager and Vice President of Dimensional, joined Dimensional in 2012 and has been a portfolio manager since 2014. Ms. Phillips began managing Dimensional’s allocated portion of the Fund’s portfolio in March 2018. Ms. Phillips earned an MBA with concentration in analytic finance, statistics and econometrics, and managerial and organizational behavior from the University of Chicago and a BA from the University of Puget Sound.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.08 30.35 6.22 3.25