AMG Veritas Global Focus Fund (MFQTX)
The adviser intends to invest in equity securities of a relatively select group of global companies, identified through a bottom up stock picking approach with certain strategic themes identified by the Subadviser. The fund will generally invest in mid-to large-capitalization companies, although it may also invest in small-capitalization companies. The fund invests at least 35% of its net assets in investments economically tied to countries other than the U.S. and it will hold investments economically tied to a minimum of three countries other than the U.S. The fund is non-diversified.
Fund Info
ISIN | US00170J8137 |
---|---|
CUSIP | 00170J813 |
Issuer | AMG |
Inception Date | Dec 18, 2000 |
Category | Large Cap Growth Equities |
Min. Investment | $100,000 |
Asset Class | Equity |
Asset Class Size | Large-Cap |
Asset Class Style | Growth |
Expense Ratio
The AMG Veritas Global Focus Fund has a high expense ratio of 0.88%, indicating higher-than-average management fees.
Share Price Chart
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in AMG Veritas Global Focus Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
AMG Veritas Global Focus Fund had a return of 4.77% year-to-date (YTD) and 12.91% in the last 12 months. Over the past 10 years, AMG Veritas Global Focus Fund had an annualized return of 8.54%, while the S&P 500 had an annualized return of 10.52%, indicating that AMG Veritas Global Focus Fund did not perform as well as the benchmark.
Period | Return | Benchmark |
---|---|---|
Year-To-Date | 4.77% | 6.92% |
1 month | -3.29% | -2.83% |
6 months | 20.40% | 23.86% |
1 year | 12.91% | 23.33% |
5 years (annualized) | 7.70% | 11.66% |
10 years (annualized) | 8.54% | 10.52% |
Monthly Returns Heatmap
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | 1.39% | 3.28% | 3.34% | |||||||||
2023 | -5.31% | -2.71% | 7.29% | 4.84% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
AMG Veritas Global Focus Fund(MFQTX)
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for AMG Veritas Global Focus Fund (MFQTX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
AMG Veritas Global Focus Fund granted a 2.34% dividend yield in the last twelve months. The annual payout for that period amounted to $0.41 per share.
Period | TTM | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Dividend | $0.41 | $0.41 | $0.77 | $25.81 | $0.65 | $0.22 | $0.56 | $0.14 | $0.31 | $0.13 | $0.09 | $0.06 |
Dividend yield | 2.34% | 2.45% | 5.59% | 139.81% | 1.67% | 0.60% | 1.95% | 0.47% | 1.19% | 0.57% | 0.37% | 0.30% |
Monthly Dividends
The table displays the monthly dividend distributions for AMG Veritas Global Focus Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | $0.00 | $0.00 | $0.00 | |||||||||
2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.41 |
2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.77 |
2021 | $0.00 | $0.00 | $0.00 | $0.00 | $24.48 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $1.33 |
2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.65 |
2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.22 |
2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.56 |
2017 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.14 |
2016 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 |
2015 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 |
2014 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.09 |
2013 | $0.06 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way.
Worst Drawdowns
The table below displays the maximum drawdowns of the AMG Veritas Global Focus Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the AMG Veritas Global Focus Fund was 57.67%, occurring on Mar 9, 2009. Recovery took 976 trading sessions.
The current AMG Veritas Global Focus Fund drawdown is 3.29%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
---|---|---|---|---|---|---|
-57.67% | Oct 11, 2007 | 353 | Mar 9, 2009 | 976 | Jan 24, 2013 | 1329 |
-37.58% | Feb 20, 2020 | 23 | Mar 23, 2020 | 176 | Dec 1, 2020 | 199 |
-34.86% | Feb 2, 2001 | 419 | Oct 9, 2002 | 547 | Dec 13, 2004 | 966 |
-27.69% | Sep 3, 2021 | 279 | Oct 12, 2022 | 341 | Feb 22, 2024 | 620 |
-22.1% | Sep 17, 2018 | 69 | Dec 24, 2018 | 214 | Oct 30, 2019 | 283 |
Volatility
Volatility Chart
The current AMG Veritas Global Focus Fund volatility is 3.69%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.