MRIDX: Marmont Redwood International Eq Ret

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MRIDX Marmont Redwood International Eq Ret


Profile

MRIDX - Profile

Vitals

  • YTD Return 3.0%
  • 3 Yr Annualized Return N/A
  • 5 Yr Annualized Return N/A
  • Net Assets $5.62 M
  • Holdings in Top 10 55.8%

52 WEEK LOW AND HIGH

$11.01
$7.24
$11.01

Expenses

OPERATING RELATED FEES

  • Expense Ratio 4.88%

SALES FEES

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

BROKERAGE FEES

  • Turnover 81.00%

TRADING FEES

  • Max Redemption Fee N/A

Min Investment

  • Standard (Taxable) $3,000
  • IRA $3,000

Fund Classification


Distributions

  • YTD Total Return 3.0%
  • 3 Yr Annualized Total Return N/A
  • 5 Yr Annualized Total Return N/A
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.76%
DIVIDENDS
  • Dividend Yield 0.0%
  • Dividend Distribution Frequency Annually

Fund Details

  • Legal Name
    Hardman Johnston International Growth Fund
  • Fund Family Name
    Marmont Funds
  • Inception Date
    Sep 17, 2018
  • Shares Outstanding
    11915
  • Share Class
    Other
  • Currency
    USD
  • Domiciled Country
    United States
  • Manager
    Cassandra Hardman

Fund Description

The fund seeks to achieve its investment objective by investing in a portfolio that primarily consists of securities of established companies that are domiciled in various countries throughout the world, excluding the U.S. It typically invests in securities of issuers from at least six or more non-U.S. countries and at least eight industries. Under normal circumstances, the fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in equity securities, without regard to market capitalization. It is non-diversified.


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Categories

Performance

MRIDX - Performance

Return Ranking - Trailing

Period MRIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -44.2% 43.6% 33.88%
1 Yr 9.9% -42.5% 63.3% 38.78%
3 Yr N/A* -14.3% 29.5% N/A
5 Yr N/A* -9.3% 18.6% N/A
10 Yr N/A* 0.1% 12.7% N/A

* Annualized

Return Ranking - Calendar

Period MRIDX Return Category Return Low Category Return High Rank in Category (%)
2019 24.6% -4.0% 45.1% 56.95%
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 50.9% N/A
2016 N/A -12.2% 5.7% N/A
2015 N/A -16.3% 8.1% N/A

Total Return Ranking - Trailing

Period MRIDX Return Category Return Low Category Return High Rank in Category (%)
YTD 3.0% -44.2% 43.6% 33.88%
1 Yr 9.9% -42.5% 63.3% 38.56%
3 Yr N/A* -13.4% 29.5% N/A
5 Yr N/A* -8.5% 18.6% N/A
10 Yr N/A* 1.3% 14.5% N/A

* Annualized

Total Return Ranking - Calendar

Period MRIDX Return Category Return Low Category Return High Rank in Category (%)
2019 24.6% -4.0% 45.1% 56.95%
2018 N/A -32.2% 68.4% N/A
2017 N/A 0.0% 53.4% N/A
2016 N/A -12.2% 8.0% N/A
2015 N/A -15.1% 11.4% N/A

NAV & Total Return History


Holdings

MRIDX - Holdings

Concentration Analysis

MRIDX Category Low Category High MRIDX % Rank
Net Assets 5.62 M 10 153 B 98.16%
Number of Holdings 25 6 1011 98.56%
Net Assets in Top 10 698 K 698 K 24.5 B 99.79%
Weighting of Top 10 55.82% 12.5% 99.1% 3.91%

Top 10 Holdings

  1. ASML Holding NV 6.74%
  2. Alibaba Group Holding Ltd ADR 6.37%
  3. Daifuku Co Ltd 5.99%
  4. AstraZeneca PLC 5.95%
  5. Keyence Corp 5.78%
  6. Tencent Holdings Ltd 5.65%
  7. Murata Manufacturing Co Ltd 5.07%
  8. Kering SA 4.92%
  9. AIA Group Ltd 4.86%
  10. Nidec Corp 4.49%

Asset Allocation

Weighting Return Low Return High MRIDX % Rank
Stocks
92.08% 55.12% 104.23% 86.68%
Cash
7.92% -5.87% 19.94% 11.93%
Preferred Stocks
0.00% 0.00% 0.24% 61.32%
Other
0.00% -4.40% 7.25% 64.40%
Convertible Bonds
0.00% 0.00% 1.80% 59.26%
Bonds
0.00% 0.00% 39.79% 62.70%

Stock Sector Breakdown

Weighting Return Low Return High MRIDX % Rank
Technology
24.86% 0.11% 38.66% 9.47%
Industrials
22.30% 0.00% 25.14% 2.67%
Consumer Cyclical
20.36% 2.07% 49.84% 5.56%
Healthcare
14.60% 3.55% 42.36% 63.79%
Financial Services
8.72% 0.00% 30.66% 76.54%
Communication Services
6.14% 0.00% 28.30% 66.05%
Consumer Defense
3.03% 1.43% 38.67% 96.71%
Utilities
0.00% 0.00% 15.08% 79.84%
Real Estate
0.00% 0.00% 12.59% 78.60%
Energy
0.00% 0.00% 8.56% 87.45%
Basic Materials
0.00% 0.00% 16.11% 95.88%

Stock Geographic Breakdown

Weighting Return Low Return High MRIDX % Rank
Non US
88.20% 51.52% 103.95% 69.14%
US
3.88% 0.00% 20.60% 54.73%

Expenses

MRIDX - Expenses

Operational Fees

MRIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 4.88% 0.01% 55.61% 2.19%
Management Fee 1.00% 0.00% 1.50% 94.48%
12b-1 Fee 0.25% 0.00% 1.00% 40.16%
Administrative Fee N/A 0.01% 0.40% N/A

Sales Fees

MRIDX 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

MRIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 0.10% 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.

MRIDX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 81.00% 4.00% 151.99% 90.93%

Distributions

MRIDX - Distributions

Dividend Yield Analysis

MRIDX Category Low Category High MRIDX % Rank
Dividend Yield 0.00% 0.00% 7.05% 63.60%

Dividend Distribution Analysis

MRIDX Category Low Category High Category Mod
Dividend Distribution Frequency Annually Annually Annually Annually

Net Income Ratio Analysis

MRIDX Category Low Category High MRIDX % Rank
Net Income Ratio 0.76% -1.17% 3.11% 55.25%

Capital Gain Distribution Analysis

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

Dividend Payout History

View More +

Fund Manager Analysis

MRIDX - Fund Manager Analysis

Managers

Cassandra Hardman


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.5

0.5%

Cassandra joined Johnston Asset Management in 1997. Prior to joining the firm, she was a Managing Director and Principal at PCM International, Inc., an affiliate of Prudential Insurance Company of America. Cassandra has spent her entire career focused on the international equity markets, and managed separate and commingled pension accounts totaling almost $1 billion. Cassandra has a BA in Economics and an MBA in Finance from Rutgers University. She is a Chartered Financial Analyst and a member of the CFA Institute, the International Analysts Society and the New York Society of Security Analysts. Cassandra has been in the investment management business for more than 25 years. Cassandras volunteer experience includes serving as Treasurer of the foundation supporting her local hospital, and as Chair of the Endowment and Finance Committees for her church.

Henry Woo


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.5

0.5%

Henry's background includes over a decade in the telecom and technology industry with experience spanning engineering, marketing and management. As well as having broad portfolio and analytical responsibility, Henry provides Johnston with an experienced, specialist knowledge base for the information technology and related sectors. Henry joined Johnston in 2007 as an analyst/portfolio manager. Prior to joining the firm he was an equity research analyst with Trainer Wortham focused on the information technology sector. Before that, he was an equity research analyst at Citigroup Asset Management covering the global telecom and technology sector for six years after spending two years as a research analyst on the sell-side at Bank of America covering telecom stocks.

James Pontone


Start Date

Tenure

Tenure Rank

Jan 01, 2020

0.5

0.5%

James G. Pontone, is a Portfolio Manager of Hardman Johnston, and joined the firm in 2011. He is a member of the International and Global Investment Team and is responsible for covering global energy and financials. Prior to joining the firm, Mr. Pontone was a Principal and Senior Portfolio Manager at the Winchester Group. Prior to that, he was a Senior Portfolio Manager at Ark Asset Management for fourteen years. Mr. Pontone also held various positions at Morgan Stanley Asset Management, Mitchell Hutchins, and on the floor of the New York Stock Exchange. Mr. Pontone has a BA from Skidmore College and an MBA in Finance from New York University Stern School of Business. Mr. Pontone is a shareholder in the firm.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.12 25.77 7.34 17.59