Trilogy Emerging Wealth Equity Fund  (TYWVX)

Fund Overview

Fund Overview

Share Class

N

Morningstar | Style Box

V B G L M S

NAV | as of 12/12/2018

$10.69
+$0.10 (+0.94%)

Overall Morningstar Rating



Rated against 710 Diversified Emerging Mkts funds as of 10/31/2018

View Morningstar Details

Quarterly Performance (%) |
vs. Benchmark as of 09/30/2018

Fund Inception 03/19/2015

YTD 1YR 3YR 5YR 10YR INCEP.
TYWVX -8.53 -1.11 13.87 - - 6.60
MSCI Emerging Markets Index -7.68 -0.81 12.36 3.61 5.40 4.93
View Monthly & Quarterly Performance Details

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 60 days or less; otherwise, total returns would be reduced.

Expense Ratios

  • Gross Expense Ratio: 1.45%
  • Net Expense Ratio: 1.45%
  • Expense Cap Expiration Date: N/A

Read Important Investment Disclosures

Objective

Seeks to provide long-term capital appreciation by investing in emerging market companies and developed market companies that have emerging markets revenue exposure.

Why Consider

  • May be appropriate for investors looking to gain exposure to emerging market equity investments
  • Employs a bottom-up, growth-oriented, fundamental investment approach, targeting both early stage and traditional growth companies within emerging market countries, or developed market companies with revenue exposure to emerging markets
  • Input and constant interaction of experienced global sectors analysts help build the Fund’s portfolio
William Sterling, Ph.D.

William Sterling, Ph.D.

Chief Executive Officer, Chairman, Chief Investment Officer, Senior Portfolio Manager

See Our Approach Read Bio
Thomas Masi

Thomas Masi

Director of Research, Senior Portfolio Manager

See Our Approach Read Bio
Nuno Fernandes

Nuno Fernandes

Associate Director of Research, Senior Portfolio Manager

See Our Approach Read Bio

Performance

Performance

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Returns & Distributions

As of 09/30/2018

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2017 $0.739100 $0.049100 $0.690000
      Dec 27, 2016 $0.042700 $0.042700

Growth of $10,000 (Hypothetical)

Since Inception 03/19/2015 to 11/30/2018 = $11,569.00

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown.

Top Holdings (Equity)

As of: 09/30/2018

Baidu Inc ADR 5.94%
QUALCOMM Inc 4.84%
Sberbank of Russia PJSC ADR 4.82%
Sands China Ltd 4.72%
Alibaba Group Holding Ltd ADR 4.57%
HDFC Bank Ltd ADR 4.42%
LG Household & Health Care Ltd 4.28%
China Construction Bank Corp 4.20%
Infineon Technologies AG 3.94%
Yum China Holdings Inc 3.88%
% in Top 10 Holdings 45.61%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 11/30/2018

View All Characteristics & Stats

Regional Allocation

As of: 09/30/2018

Investment Approach

Investment Approach

AMG Trilogy Emerging Wealth Equity Fund

The Fund generally invests in emerging market companies and developed market companies that have emerging markets revenue exposure. The Fund's portfolio will normally allocate its investments across different countries to total approximately 60 to 100 securities. To gain exposure to foreign investments, the Fund may also invest in ADRs (American Depositary Receipts), GDRs (Global Depositary Receipts) and other depositary receipts of non-U.S. issuers. Trilogy, the Fund's subadvisor, uses a bottom-up investment process driven by fundamental research, applying the following core principles to identify investments for the portfolio:

  • Earnings growth drives equity returns over the long term
  • Early-stage and traditional growth companies provide the greatest opportunity
  • Risk management, with respect to the Fund's portfolio, should focus on avoiding losing money, rather than minimizing tracking error against the benchmark
  • A disciplined investment process requires consistently identifying opportunities, evaluating potential returns and responding with timely buy/sell decisions

Emerging Markets Wealth: A Consuming Tale

Emerging markets middle class consumption is projected to exceed 50% of world consumption by 2050, offering a compelling opportunity for investors.
Read Full Perspective More About Trilogy Global Advisors

Emerging Wealth Equity Investing With Trilogy Global Advisors

Thomas Masi and Nuno Fernandes, Senior Portfolio Managers at Trilogy Global Advisors, discuss the opportunity created by the rapidly expanding emerging markets middle class and Trilogy’s approach to investing in the space.
Watch Video More About Trilogy Global Advisors

About

About Trilogy Global Advisors

Background

Trilogy’s focuses on emerging markets investing, across all market capitalizations. The firm applies a disciplined, team-based investment process to all strategies, employing a bottom-up, growth-at-a-reasonable price, fundamental investment approach.

Learn More

More Funds From Trilogy Global Advisors

TLEVX

Trilogy Emerging Markets Equity Fund

Seeks to provide long-term capital appreciation by investing in companies located in emerging market countries.

View Fund Details

Founded

1999


Headquarters

Winter Park, FL


Affiliate Since

2010


AUM

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