A talented team and a high-quality process earn Virtus KAR International Small Cap a Morningstar Analyst Rating of Bronze for its A, I, and R6 share classes, but higher fees restrain C shares to a Neutral Rating. Launched in September 2012, the strategy is the first pure international offering from wholly owned Virtus affiliate Kayne Anderson Rudnick. Results have been impressive: From its inception through Dec. 31, the fund’s Institutional share class has outpaced its MSCI All Country World Index ex US Small Cap benchmark by 4.8 percentage points annualized. It achieved these results with less downside volatility as well.
Will VISAX outperform in future?
Get our overall rating based on a fundamental assessment of the pillar’s below.
The Process Pillar is our assessment of how sensible, clearly defined, and repeatable VISAX’s performance objective and investment process is for both security selection and portfolio construction.
The People Pillar is our evaluation of the VISAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.
The Parent Pillar is our rating of VISAX’s parent organization’s priorities and whether they’re in line with investors’ interests.