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.