PortfoliosLab logoPortfoliosLab logo

Documentation

Upgrade your plan

AMG Veritas China Fund (MMCFX) Diversifiers

Mutual Fund · Currency in USD · Last updated Jul 11, 2026

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.

Looking to diversify beyond MMCFX? The mutual funds below have the lowest correlation with MMCFX — they tend to move on their own, which can help reduce risk when the rest of your portfolio drops. The stock ideas table highlights individual companies that behave independently from MMCFX.

Best Diversifiers for MMCFX

0 mutual funds have low correlation with MMCFX (below 0.3), 0 of which are negatively correlated. The least correlated is AMG Yacktman Focused Fund (YAFFX) (Large Cap Value Equities) with a 1Y correlation of 0.32, roughly unchanged from 0.40 over 5 years.

SymbolNameCorrelation 1YCorrelation 3YCorrelation 5YRisk / Return RankCategoryCompare
YAFFX
AMG Yacktman Focused Fund0.320.380.40
86
Large Cap Value EquitiesMMCFX vs YAFFX
YACKX
AMG Yacktman Fund0.350.380.39
86
Large Cap Value EquitiesMMCFX vs YACKX
BRWIX
AMG Boston Common Global Impact Fund0.570.510.50
53
Large Cap Growth EquitiesMMCFX vs BRWIX
MCSMX
Matthews China Small Companies Fund0.710.780.79
90
China Equities, Asia Pacific EquitiesMMCFX vs MCSMX
TRCLX
T. Rowe Price China Evolution Equity Fund0.780.830.84
93
China Equities, Asia Pacific EquitiesMMCFX vs TRCLX
See all 12 diversifiers for MMCFX

To view more results, upgrade your current subscription plan.

Diversification Analysis

Build a portfolio that complements MMCFX

Add MMCFX to the Diversification Analyzer to see how it overlaps with your other holdings and which assets balance it best.

Analyze a portfolio with MMCFX