Morningstar

VELA International Fund Class I VEITX

Morningstar Medalist Rating
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Medalist Rating as of See VELA Investment Management Investment Hub
  • NAV / 1-Day Return $17.25  /  −0.35 %
  • Fund Size $82.8M
  • Adjusted Expense Ratio 1.090%
  • Net Expense Ratio 1.110%
  • Fee Level: Distribution Above Average
  • Share Class Type Institutional
  • Morningstar Category Foreign Small/Mid Value
  • Equity Style Box (Funds) Mid Value
  • Minimum Initial Investment $2,500
  • Investment Status Open
  • TTM Yield 1.36%
  • Turnover Ratio 35%
NAV and 1-Day Return as of

Morningstar’s Analysis VEITX

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

  • People Pillar

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

null Morningstar Automated Analysis

Morningstar Automated Analysis

Summary

VELA International I holds a quantitatively derived Neutral Morningstar Medalist Rating. The rating suggests the model does not express a clear expectation of outperformance or underperformance relative to peers over a full market cycle.

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Portfolio Holdings VEITX

More VEITX 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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