AMG Managers Emerging Opportunities will soon undergo a complete overhaul under a new subadvisor, changing from a U.S. microcap fund to a China fund, and it will be considerably more attractive within its new niche. We’re upgrading its Morningstar Analyst Rating to Silver from Neutral for both share classes.
AMG Veritas China N MMCFX
NAV / 1-Day Return
54.07
/
2.56
%
Total Assets
195.5 Mil
Adj. Expense Ratio
Adjusted Expense Ratio excludes certain variable investment-related expenses, such as interest from borrowings and dividends on borrowed securities, allowing for more consistent cost comparisons across funds.
1.200%
Expense Ratio
1.200%
Fee Level
Average
Longest Manager Tenure
13.42
years
Category
China Region
Investment Style
Small BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
0.02%
Turnover
75%
Premium
Morningstar’s Analysis
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
The Morningstar Analysis section contains a thorough evaluation of an investment’s merits and drawbacks and often discusses the most important or decisive factors leading to the fund’s overall rating.
Will MMCFX outperform in future?
Get our overall rating based on a fundamental assessment of the pillars below.
Process Pillar
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable MMCFX’s performance objective and investment process is for both security selection and portfolio construction.
People Pillar
The People Pillar is our evaluation of the MMCFX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
Parent Pillar
The Parent Pillar is our rating of MMCFX’s parent organization’s priorities and whether they’re in line with investors’ interests.
This is becoming a China fund under its new subadvisor.
