Morningstar

VELA International Fund Class A VEILX

Morningstar Medalist Rating
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Medalist Rating as of See VELA Investment Management Investment Hub
  • NAV / 1-Day Return $17.14  /  −0.29 %
  • Fund Size $82.8M
  • Adjusted Expense Ratio 1.340%
  • Net Expense Ratio 1.360%
  • Fee Level: Distribution Average
  • Share Class Type Front Load
  • Morningstar Category Foreign Small/Mid Value
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.23%
  • Turnover Ratio 35%
NAV and 1-Day Return as of

Morningstar’s Analysis VEILX

Will VEILX outperform in the 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.

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

VELA International A holds a quantitatively derived Negative Morningstar Medalist Rating. The rating indicates the model sees limited potential for the strategy to outperform peers on a risk-adjusted basis over a full market cycle.

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Portfolio Holdings VEILX

More VEILX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 24.6
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

First American Treasury Obligs X

5.03 4M
Cash and Equivalents

Tecan Group AG

2.77 2M
Healthcare

Ambev SA

2.69 2M
Consumer Defensive

Greggs PLC

2.60 2M
Consumer Cyclical

Nintendo Co Ltd

2.49 2M
Communication Services

Hikma Pharmaceuticals PLC

2.48 2M
Healthcare

Edenred SE

2.44 2M
Financial Services

BBB Foods Inc Class A

2.36 2M
Consumer Defensive

Serco Group PLC

2.31 2M
Industrials

Alamos Gold Inc Class A

2.26 2M
Basic Materials

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