The multimanager structure of AMG Managers Emerging Opportunities is distinctive among micro-cap funds, but the managers don’t stand out enough to make this niche strategy attractive. It earns a Morningstar Analyst Rating of Neutral.
AMG Managers Emerging Opportunities N MMCFX
NAV / 1-Day Return
53.01
/
1.17
%
Total Assets
198.1 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
Above Average
Longest Manager Tenure
13.21
years
Category
Small Growth
Investment Style
Small BlendMin. Initial Investment
2,000
Status
Open
TTM Yield
0.03%
Turnover
75%
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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.
A distinct approach among micro-cap funds, but that's not enough.
