Veritas Global Real Return Fund  (BLUEX)

I

Fund Overview

Fund Overview

Share Class

I

NAV | as of 10/15/2021

$41.85
+$0.11 (+0.26%)

Morningstar | Style Box

V B G L M S

Growth of $10,000 (Hypothetical)

Since Inception 01/10/1991 to 09/30/2021 = $239,176.47

  • 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. 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.

The Bloomberg Barclays U.S. Treasury Inflation-Linked Bond Index replaced the Russell 1000® Growth Index as the Fund’s benchmark on March 19, 2021 because the Investment Manager and Subadviser believe the new benchmark is more representative of the Fund’s current investment strategies. The benchmarks are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends and do not reflect the impact of advisory fees. The Russell 1000 Growth Index is a widely unmanaged index of market activity based on the aggregate performance of a selected portfolio of publicly trade common stocks and we have included the results of such index to give you a perspective of the historical performance of the U.S. equity market.​

Objective

The Fund seeks to provide real returns over the medium and longer term.

Why Consider

  • The Fund may be appropriate for investors looking to protect and grow capital
  • Combines focused investment in global equities with active hedging to reduce market exposure when necessary
  • High conviction portfolio of 25 to 40 stocks
Andrew Headley

Andrew Headley

Fund Manager and Head of Global

See Our Approach Read Bio
Mike Moore

Mike Moore

Fund Manager and Analyst

See Our Approach Read Bio

Performance

Performance

Read Important Investment Disclosures

Returns

 

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. 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.

The Bloomberg Barclays U.S. Treasury Inflation-Linked Bond Index replaced the Russell 1000® Growth Index as the Fund’s benchmark on March 19, 2021 because the Investment Manager and Subadviser believe the new benchmark is more representative of the Fund’s current investment strategies. The benchmarks are provided for illustrative purposes only, are unmanaged, reflect reinvestment of income and dividends and do not reflect the impact of advisory fees. The Russell 1000 Growth Index is a widely unmanaged index of market activity based on the aggregate performance of a selected portfolio of publicly trade common stocks and we have included the results of such index to give you a perspective of the historical performance of the U.S. equity market.​

Expense Ratios

  • Gross Expense Ratio: 1.17%
  • Net Expense Ratio: 1.16%
  • Expense Cap Expiration Date: 02/01/2023

Distributions & Pricing


    • Calendar Year Distributions

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Mar 24, 2021 $11.169700 $11.086300 $0.083400
      Dec 16, 2020 $12.956100 $5.749800 $7.206300
      Dec 16, 2019 $6.517300 $0.259600 $6.257700
      Dec 27, 2018 $5.361200 $5.361200
      Dec 28, 2015 $0.083500 $0.083500
      Dec 30, 2009 $0.020200 $0.020200
      Oct 29, 2009 $0.046746 $0.046746
      Dec 28, 2007 $0.489040 $0.207750 $0.281290
      Oct 30, 2007 $3.380700 $2.292270 $1.088430
      Dec 28, 2006 $0.066000 $0.066000
      Oct 26, 2006 $1.033950 $0.240510 $0.793440
      Oct 27, 2005 $1.138780 $0.861080 $0.277700
      Oct 27, 2000 $10.708000 $3.349500 $7.358500
      Dec 21, 1999 $1.255130 $1.255130
      Oct 27, 1999 $0.923610 $0.923610
      Oct 26, 1998 $0.337072 $0.204780 $0.109111 $0.023181
      Oct 27, 1997 $5.085142 $2.297752 $2.787390
      Oct 26, 1995 $1.105640 $0.971750 $0.133890
      Oct 25, 1994 $0.107740 $0.107740
      Dec 30, 1993 $0.090000 $0.090000
      Oct 25, 1993 $2.243000 $1.062500 $1.180500
      Dec 30, 1991 $0.005000 $0.005000
      Oct 24, 1991 $0.620000 $0.027000 $0.593000

Risk & Return Stats

As of: 09/30/2021

View All Characteristics & Stats

Portfolio & Holdings

Portfolio & Holdings

Top Holdings (Equity)

As of: 09/30/2021

Alphabet Inc, Class A 7.58%
Charter Communications Inc, Class A 5.61%
Microsoft Corp 4.26%
Unilever PLC [UNA] 4.04%
BAE Systems PLC 3.99%
UnitedHealth Group Inc 3.93%
Amazon.com Inc 3.80%
Canadian Pacific Railway Ltd 3.80%
Thermo Fisher Scientific Inc 3.77%
Baxter International Inc 3.69%
% in Top 10 Holdings 44.46%
View Holding Details Read Important Investment Disclosures

Regional Allocation

As of: 09/30/2021

Investment Approach

Investment Approach

Veritas Global Real Return Fund

Veritas combines top-down analysis, focused on identifying long-term themes and trends, with bottom-up fundamental company research that seeks to identify companies within those identified themes and trends that it believes have sound business models, strong management and disciplined financial controls. Veritas will construct a high conviction portfolio of 25 to 40 stocks, primarily from developed markets. Veritas will overlay hedging to reduce market exposure as appropriate and based on valuations of companies within their investment universe.


Veritas Global Focus Fund and Global Real Return Fund Introduction

 
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Read More

About

About Veritas Asset Management

Background

Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. The firm manages both funds and segregated portfolios for institutional and retail investors globally. The focus is on identifying good quality, sustainable businesses and remaining patient to buy into these companies at the right entry point in order to achieve long term real returns.

Learn More

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Founded

2003


Headquarters

London, England


Affiliate Since

2014

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