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Morningstar

VELA International A VEILX

Morningstar Medalist Rating
Medalist Rating as of | See VELA Funds Investment Hub
  • NAV / 1-Day Return 13.07  /  +0.62 %
  • Total Assets 46.5 Mil
  • Adj. Expense Ratio
    1.400%
  • Expense Ratio 1.400%
  • Distribution Fee Level High
  • Share Class Type Front Load
  • Category Foreign Large Blend
  • Investment Style Mid Value
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 2.08%
  • Turnover 18%

USD | NAV as of Apr 26, 2024 | 1-Day Return as of Apr 26, 2024, 10:22 PM GMT+0

Morningstar’s Analysis VEILX

Will VEILX 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 VEILX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the VEILX 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 VEILX’s parent organization’s priorities and whether they’re in line with investors’ interests.

VELA International A's Average People Pillar and Process Pillar ratings result in a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the most expensive quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings VEILX

More VEILX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 25.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Federated Hermes Treasury Obl IS

9.02 4.2 Mil
Cash and Equivalents

Serco Group PLC

2.74 1.3 Mil
Industrials

WH Group Ltd Shs Unitary 144A/Reg S

2.73 1.3 Mil
Consumer Defensive

OceanaGold Corp

2.63 1.2 Mil
Basic Materials

ING Groep NV

2.58 1.2 Mil
Financial Services

Nintendo Co Ltd

2.53 1.2 Mil
Communication Services

Johnson Electric Holdings Ltd

2.52 1.2 Mil
Consumer Cyclical

TotalEnergies SE

2.49 1.2 Mil
Energy

Criteo SA ADR

2.49 1.2 Mil
Communication Services

Alamos Gold Inc Class A

2.45 1.2 Mil
Basic Materials