AMG Veritas China Fund Class I (MIMFX)
| Fund Assets | 46.07M |
| Expense Ratio | 0.93% |
| Min. Investment | $100,000 |
| Turnover | 84.00% |
| Dividend (ttm) | 0.09 |
| Dividend Yield | 0.47% |
| Dividend Growth | -57.76% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 16, 2025 |
| Previous Close | 18.94 |
| YTD Return | 4.35% |
| 1-Year Return | 18.81% |
| 5-Year Return | -32.49% |
| 52-Week Low | 13.65 |
| 52-Week High | 20.65 |
| Beta (5Y) | n/a |
| Holdings | 42 |
| Inception Date | Oct 1, 2011 |
About MIMFX
AMG Veritas China Fund Class I is an open-end mutual fund designed to achieve long-term capital appreciation by investing primarily in equities of companies located in China, as well as in Taiwan and Hong Kong. This fund emphasizes large-cap stocks, with the majority of assets concentrated in companies with market capitalizations above $5 billion. It typically maintains a focused portfolio of 15 to 40 holdings, and as of recent data, over 60% of its assets are allocated to its top ten positions, underscoring a high-conviction investment approach. The fund is managed by a stable and experienced investment team that employs a thematic, research-driven process. Its portfolio predominantly features industry leaders from sectors such as communication services, consumer cyclical, consumer defensive, industrials, and healthcare. Significant holdings include well-known Chinese companies such as Tencent Holdings and Alibaba Group. AMG Veritas China Fund Class I plays a specialized role in the market, providing targeted exposure to China's dynamic equity markets and offering investors access to growth opportunities in one of the world’s largest and most rapidly evolving economies.
Performance
MIMFX had a total return of 18.81% in the past year, including dividends. Since the fund's inception, the average annual return has been 24.47%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MMCFX | Class N | 1.14% |
Top 10 Holdings
61.86% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 17.93% |
| Alibaba Group Holding Limited | 9988 | 11.20% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 6.50% |
| Contemporary Amperex Technology Co., Limited | 300750 | 5.03% |
| Zijin Mining Group Company Limited | 2899 | 4.80% |
| NetEase, Inc. | 9999 | 4.76% |
| PDD Holdings Inc. | PDD | 3.68% |
| PICC Property and Casualty Company Limited | 2328 | 2.89% |
| Jiangsu Hengrui Pharmaceuticals Co Ltd Ordinary Shares - Class H | JNGHF | 2.71% |
| China Merchants Bank Co Ltd Class H | M4B.DE | 2.34% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2025 | $0.0898 | Dec 16, 2025 |
| Dec 16, 2024 | $0.2126 | Dec 16, 2024 |
| Dec 14, 2023 | $0.1509 | Dec 14, 2023 |
| May 27, 2021 | $26.4543 | May 27, 2021 |
| Dec 16, 2020 | $2.2112 | Dec 16, 2020 |
| Dec 16, 2019 | $3.6855 | Dec 16, 2019 |