About MSILX
The iMGP International Fund Institutional Class is an actively managed mutual fund focused on international equities. Its primary objective is long-term capital growth by investing in foreign stocks, predominantly from developed markets while maintaining some potential exposure to emerging markets. Distinct from many broad international funds, this fund utilizes a multi-manager approach: select sub-advisors, each recognized for their expertise, manage concentrated portfolios of their highest-conviction stock picks, typically holding 8 to 15 positions each. The overall fund composition blends these concentrated sleeves, resulting in a diversified portfolio spanning industries, sectors, and geographies, with a typical total of 40 to 50 individual holdings. The fund balances allocations among value, growth, and blend managers to maintain diversity in investment styles and insights. By seeking to combine the skill and selectivity of specialized asset managers, the iMGP International Fund Institutional Class aims to provide a core international equity solution for investors seeking exposure beyond the U.S. market, with risk managed relative to global equity benchmarks and its international stock fund peers.
Fund Family iM Global Partner Fund Management
Category Foreign Large Blend
Performance Rating Below Average
Risk Rating High
Stock Exchange NASDAQ
Ticker Symbol MSILX
Share Class Institutional Class
Index MSCI AC World ex USA NR USD
MSILX had a total return of 26.02% in the past year, including dividends. Since the fund's
inception, the average annual return has been 7.72%.
