AMG Veritas China Fund Class N

Ticker

MMCFX

ISIN

-

Price

USD 14.88

Change Today

+0.04 / 0.27 %

Price 1 year ago

16.11 / -7.647 %

Morningstar

5

52 Week Low

12.10

52 Week High

17.04

200 Day Moving Average 14.00

14.00

50-day Moving Average

13.63


Price evolution


Yearly returns


Peers comparison

Risk factors

1 year

Parameter Value
Sharpe Ratio -0.10
Sortino Ratio -0.39
Maximum Drawdown -28.58%
Maximum Drawdown Date 2024-02-02
Calmar Ratio 0.04

1 year

Parameter Value
Return -1.49
Volatility 21.852%
Alpha None
Beta None
R Squared None

History

Parameter Value
Average Annual Return 10.023%
Average Annual Volatility 23.394%
Sharpe Ratio 0.43
Sortino Ratio 0.41
Maximum Drawdown -69.0%
Maximum Drawdown Date 2002-10-09
Calmar Ratio -0.15

Company information

Summary

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. The fund is non-diversified.

Market

US

Category

China Region

Expense Ratio

1.19%

Fund family

-

Morningstar

5

Yield
0.0002
Exchange
NAS
Sector Weight
Consumer defensive 22.21%
Healthcare 22.12%
Consumer cyclical 19.87%
Industrials 17.00%
Basic materials 5.11%
Technology 4.39%
Communication services 3.56%
Utilities 2.73%
Realestate 1.68%
Financial services 1.34%
Energy 0.00%
None

Holdings

Symbol Name Allocation
000858 Wuliangye Yibin Co Ltd 4.35%
002304 Jiangsu Yanghe Brewery JSC Ltd 4.34%
300285 Shandong Sinocera Functional Material Co Ltd 4.34%
300124 Shenzhen Inovance Technology Co Ltd Class A 4.25%
601888 China Tourism Group Duty Free Corp Ltd Class A 4.24%
300274 Sungrow Power Supply Co Ltd 4.21%
603882 Guangzhou Kingmed Diagnostics Group Co Ltd Class A 4.15%
000568 Luzhou Laojiao Co Ltd 4.06%
603259 Wuxi AppTec Co Ltd Class A 3.91%
600519 Kweichow Moutai Co Ltd 3.54%

Alternative funds

Ticker Name Isin Exchange Expenses Morningstar Alpha Beta
0P000024SE.L Veritas Asian Fund A GBP Inc IE00B02T6J5 LSE 1.16% 5
0P000024SG.F Veritas Asian Fund A EUR Inc IE00B02ZFR4 FRA 1.16% 5
IE00B02T6J57.IR Veritas Asian A GBP IE00B02T6J57 YHD 1.24% 5
IE00B02T6L79.IR Veritas Asian Fund IE00B02T6L79 YHD 1.24% 5
IE00B02ZFR42.IR Veritas Asian A EUR IE00B02ZFR42 YHD 1.24% 5 -13.47 +0.83
IE00B0WFLD21.IR Veritas Asian Retail GBP IE00B0WFLD21 YHD 174.00% 5
IE00B0WFLF45.IR Veritas Asian Retail USD IE00B0WFLF45 YHD 1.73% 5 -15.25 +0.79
IE00B0WFLG51.IR Veritas Asian Fund Retail EUR IE00B0WFLG51 ISE 1.67% 5 -13.97 +0.83
IE00B4QQFR16.IR Veritas China A USD IE00B4QQFR16 YHD 1.38% 5 +1.34 +0.74
IE00B50LMC39.IR Veritas Global Real Ret Retl USD Inc NAV IE00B50LMC39 YHD 1.79% 5 -0.57 +0.10
IE00B7ZNQN73.IR Veritas Global Focus EUR D IE00B7ZNQN73 YHD 0.87% 5
MMCFX AMG Veritas China Fund Class N NAS 1.19% 5

Sustainability scores

Events

Indicators

Glossary
Momentum
A technical indicator that measures the rate of change in price movements over a specific period. It indicates the strength or weakness of a price trend.
Assessment: A positive momentum value generally indicates a good trend, while a negative value suggests a weak or downward trend.
Inertia
In trading, inertia refers to the tendency of prices to continue moving in their current direction. It suggests that an asset's price will likely maintain its current trend.
Assessment: A higher inertia value is generally considered good, as it indicates a strong and sustained price trend.
Relative Strength Index (RSI)
A momentum oscillator that measures the speed and change of price movements. It helps identify overbought or oversold conditions in an asset.
Assessment: An RSI value above 70 is typically considered overbought and may suggest a potential reversal or correction. Conversely, an RSI value below 30 is often considered oversold, indicating a possible upward price correction.
Fibonacci's Weighted Moving Average
A technical indicator that assigns different weights to recent data points, giving more significance to recent prices. It helps smooth out price fluctuations and identify trend reversals.
Assessment: The interpretation of the Fibonacci's Weighted Moving Average value depends on its comparison to other moving averages or trendlines. A value above 50 may indicate an uptrend, while a value below 50 may suggest a downtrend.
Williams %R
A momentum indicator that measures overbought or oversold conditions in an asset. It shows the relationship of the current closing price to the high-low range over a specified period.
Assessment: Williams %R values above -20 are typically considered overbought and may indicate a potential price reversal. Values below -80 are often viewed as oversold, suggesting a potential price bounce.
Relative Volatility Index (RVI)
A technical indicator that measures the volatility of a security by comparing the magnitude of recent price movements to the magnitude of average price changes. It helps identify periods of high or low volatility.
Assessment: A higher RVI value suggests higher volatility, which can provide trading opportunities but also carries increased risk.
Commodity Channel Index (CCI)
A versatile indicator that measures the current price level relative to an average price level over a given period. It helps identify overbought or oversold conditions and potential trend reversals.
Assessment: CCI values above 100 are often considered overbought, indicating a potential price correction or reversal. Values below -100 are typically viewed as oversold, suggesting a potential price rebound.