AMG Veritas China Fund Class N (MMCFX)
| Fund Assets | 43.75M |
| Expense Ratio | 1.14% |
| Min. Investment | $2,000 |
| Turnover | n/a |
| Dividend (ttm) | 0.18 |
| Dividend Yield | 1.25% |
| Dividend Growth | 58.77% |
| Payout Frequency | n/a |
| Ex-Dividend Date | Dec 16, 2024 |
| Previous Close | 14.35 |
| YTD Return | 6.44% |
| 1-Year Return | 5.46% |
| 5-Year Return | -3.36% |
| 52-Week Low | 12.28 |
| 52-Week High | 17.40 |
| Beta (5Y) | 0.58 |
| Holdings | 41 |
| Inception Date | Jul 7, 1994 |
About MMCFX
The investment seeks to achieve long-term capital appreciation. The fund will invest at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of issuers located in China or issuers that are not located in China but derive a majority (over 50%) of their income from China. It primarily invests in equity securities. Under normal circumstances, the adviser considers equity securities to include common and preferred stocks, as well as securities with equity characteristics, including, but not limited to, equity-linked notes and participation notes. The fund is non-diversified.
Performance
MMCFX had a total return of 5.46% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.13%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| MIMFX | Class I | 0.93% |
Top 10 Holdings
60.50% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 18.12% |
| Alibaba Group Holding Limited | BABAF | 12.59% |
| Cash And Cash Equivalents | n/a | 4.66% |
| BYD Company Limited | 002594 | 4.32% |
| PDD Holdings Inc. | PDD | 3.91% |
| NetEase, Inc. | NETTF | 3.61% |
| Contemporary Amperex Technology Co., Limited | 300750 | 3.60% |
| NARI Technology Co., Ltd. | 600406 | 3.56% |
| Meituan | 3690 | 3.38% |
| China Merchants Bank Co Ltd Class H | M4B.DE | 2.75% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 16, 2024 | $0.181 | Dec 16, 2024 |
| Dec 14, 2023 | $0.114 | Dec 14, 2023 |
| May 27, 2021 | $26.4543 | May 27, 2021 |
| Dec 16, 2020 | $2.1151 | Dec 16, 2020 |
| Dec 16, 2019 | $3.6855 | Dec 16, 2019 |
| Dec 27, 2018 | $8.6533 | Dec 27, 2018 |