$0.02
(0.17%)
Total Return
Performance data represents past performance and is no guarantee of future results. Current performance may be lower or higher than the performance data quoted. Investment return and principal value fluctuate. Redemption may be worth more or less than the original cost. Returns less than one year are not annualized.
Why AVDEX?
Invests in a broad set of companies of all market capitalizations across non-U.S. developed countries and is designed to increase expected returns by overweighting securities we believe to be trading at lower valuations with higher profitability ratios.
Pursues the benefits associated with indexing (diversification, low turnover, transparency of exposures), but with the ability to add value by making investment decisions using information in current prices.
Efficient portfolio management and trading process that is designed to enhance returns while seeking to reduce unnecessary risks and costs.
Built to fit seamlessly into an investor's asset allocation.
Fund Facts
Performance
To view month-end or historical performance, use the drop-down below.
TOTAL RETURN
CUMULATIVE
| AVERAGE ANNUAL
Average Annual Returns illustrate the annual compounded returns that would have produced the cumulative total return if the fund's performance had remained constant throughout the period indicated. Returns for periods less than one year are not annualized. | |||||||
|---|---|---|---|---|---|---|---|---|
| YTD% | 1 MO | 3 MO | 1 YR | 3 YR | 5 YR | 10 YR | LIFE | |
|
AVDEX
|
8.18% | 0.65% | -3.27% | 14.18% | 4.47% | - - | - - | 6.72% |
|
BENCHMARK
|
7.31% | 0.26% | -3.68% | 13.42% | 3.80% | 6.05% | 5.24% | - - |
Fees
The gross expense ratio is the fund's total annual operating costs, expressed as a percentage of the fund's average net assets for a given time period. It is gross of any fee waivers or expense reimbursement. Please see the prospectus for more information.
The net expense ratio is the expense ratio after the application of any waivers or reimbursement. This is the actual ratio that investors paid during the fund's most recent fiscal year. Please see the prospectus for more information.
Portfolio
Sector Weightings
This value represents the sectors included in the portfolio on a percent of assets basis.
Financials
22%
Industrials
19%
Consumer Discretionary
11%
Materials
11%
Health Care
8%
Energy
7%
Consumer Staples
6%
Information Technology
6%
Communication Services
4%
Utilities
3%
Real Estate
2%
Country Allocation
Top Countries: Represents the countries included in the portfolio on a percent of assets basis. Top Regions: Represents the regions of the countries represented by the securities included in the portfolio on a percent of assets basis.
Japan
22%
United Kingdom
13%
Canada
11%
France
9%
Switzerland
8%
Australia
7%
Germany
7%
Netherlands
4%
Sweden
3%
Denmark
3%
Top 20 Holdings
This value represents the top twenty holdings included in the portfolio on a percent of assets basis. Holding weights are rounded to the nearest whole number, which may result in the display of less than ten holdings. Holdings are subject to change without notice. Shares are units of ownership interest in a corporation or financial asset that provide for an equal distribution in any profits, if any are declared, in the form of dividends. In the context of debt instruments, principal can refer to the face value, or par value, of a bond—that is, the actual amount listed on the bond itself. Securities are reported at market value. The portfolio data and its presentation here may differ from the complete schedules of investments in regulatory filings due to differing accounting and reporting requirements.
As of 11/30/2024
View all Holdings
Company
 |
Weight
|
|---|---|
| Novo Nordisk A/S | 1.48% |
| Roche Holding AG | 0.91% |
| Novartis AG | 0.85% |
| Shell PLC | 0.79% |
| HSBC Holdings PLC | 0.67% |
| Toyota Motor Corp | 0.64% |
| US DOLLARS | 0.62% |
| TotalEnergies SE | 0.59% |
| LVMH Moet Hennessy Louis Vuitton SE | 0.53% |
| ASML Holding NV | 0.52% |
| Royal Bank of Canada | 0.51% |
| BHP Group Ltd | 0.51% |
| Zurich Insurance Group AG | 0.50% |
| Safran SA | 0.50% |
| Commonwealth Bank of Australia | 0.47% |
| AstraZeneca PLC | 0.46% |
| Deutsche Telekom AG | 0.44% |
| SAP SE | 0.43% |
| Nestle SA | 0.42% |
| Sony Group Corp | 0.42% |
International investing involves special risks, such as political instability and currency fluctuations. Investing in emerging markets may accentuate these risks.
Derivatives may be more sensitive to changes in market conditions and may amplify risks.
Institutional class shares are only available for purchase by institutions or other financial intermediaries. Review definitions and minimums for share classes in the fund's prospectus.
For detailed descriptions of indices or investing terms referenced above, refer to our glossary.
Source: MSCI. Morgan Stanley Capital International (MSCI) makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used to create indices or financial products. This report is not approved or produced by MSCI.
