Skip to Content

Frontier MFG Global Equity Institutional FMGEX

Medalist Rating as of | See Frontier Investment Hub
  • NAV / 1-Day Return 2.49  /  −0.22 %
  • Total Assets 1.5 Mil
  • Adj. Expense Ratio
    0.800%
  • Expense Ratio 0.800%
  • Distribution Fee Level Above Average
  • Share Class Type Institutional
  • Category Large Growth
  • Investment Style Large Growth
  • Min. Initial Investment 1.0 Mil
  • Status Limited
  • TTM Yield 1.54%
  • Turnover 39%

USD | NAV as of Mar 19, 2024 | 1-Day Return as of Mar 19, 2024, 12:38 AM GMT+0

Morningstar’s Analysis FMGEX

Will FMGEX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Magellan Leadership Update; Ratings Maintained

null Steven Le

Steven Le

Analyst Note

On Feb. 15, 2024, Magellan announced the appointment of Sophia Rahmani as managing director of Magellan Asset Management. Rahmani joins Magellan from Maple-Brown Abbott, where she served as CEO and managing director. Andrew Formica will remain as executive chairman of Magellan’s board, though it is intended for Formica to transition to nonexecutive chairman upon Rahmani becoming CEO of Magellan Financial Group within the next 12 months. While this appointment is an encouraging step forward for the group after the challenged period under David George’s leadership, at this stage we maintain our current Parent Pillar rating of Average.

Published on

Unlock our full analysis with Morningstar Investor

Portfolio Holdings FMGEX

  • Current Portfolio Date
  • Equity Holdings
  • Bond Holdings
  • Other Holdings
  • % Assets in Top 10 Holdings 34.4
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

U.S. Bank Money Market Deposit Account

173.52 9.2 Mil
Cash and Equivalents

Asset Offset

29.42 1.6 Mil

Microsoft Corp

5.17 274,509
Technology

Amazon.com Inc

5.08 269,542
Consumer Cyclical

Intercontinental Exchange Inc

3.15 166,959
Financial Services

Mastercard Inc Class A

3.10 164,206
Financial Services

Chipotle Mexican Grill Inc

3.06 162,374
Consumer Cyclical

Intuit Inc

3.03 160,633
Technology

SAP SE

3.02 160,292
Technology

ASML Holding NV

2.96 157,285
Technology