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Trending ETFs

Ninety One Global Franchise Fund

mutual fund
ZGFIX
Payout Change
Pending
Price as of:
$17.55 +0.05 +0.29%
primary theme
N/A
share class
ZGFIX (Mutual Fund)

Ninety One Global Franchise Fund

Payout Change
Pending
Price as of:
$17.55 +0.05 +0.29%
primary theme
N/A
share class
ZGFIX (Mutual Fund)

Ninety One Global Franchise Fund

Payout Change
Pending
Price as of:
$17.55 +0.05 +0.29%
primary theme
N/A
share class

Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.55

$347 M

0.31%

$0.05

0.98%

Vitals

YTD Return

7.3%

1 yr return

17.9%

3 Yr Avg Return

3.7%

5 Yr Avg Return

9.8%

Net Assets

$347 M

Holdings in Top 10

51.2%

52 WEEK LOW AND HIGH

$17.5
N/A
N/A

Expenses

OPERATING FEES

Expense Ratio 0.98%

SALES FEES

Front Load N/A

Deferred Load N/A

TRADING FEES

Turnover 5.00%

Redemption Fee N/A


Min Investment

Standard (Taxable)

$0

IRA

N/A


Fund Classification

Fund Type

Open End Mutual Fund


Name

As of 10/04/2024

Price

Aum/Mkt Cap

YIELD

Annualized forward dividend yield. Multiplies the most recent dividend payout amount by its frequency and divides by the previous close price.

Exp Ratio

Expense ratio is the fund’s total annual operating expenses, including management fees, distribution fees, and other expenses, expressed as a percentage of average net assets.

Watchlist

$17.55

$347 M

0.31%

$0.05

0.98%

ZGFIX - Profile

Distributions

  • YTD Total Return 7.3%
  • 3 Yr Annualized Total Return 3.7%
  • 5 Yr Annualized Total Return 9.8%
  • Capital Gain Distribution Frequency N/A
  • Net Income Ratio 0.17%
DIVIDENDS
  • Dividend Yield 0.3%
  • Dividend Distribution Frequency Annual

Fund Details

  • Legal Name
    Ninety One Global Franchise Fund
  • Fund Family Name
    Investec Asset Management
  • Inception Date
    Dec 11, 2017
  • Shares Outstanding
    17452860
  • Share Class
    I
  • Currency
    USD
  • Domiciled Country
    US
  • Manager
    Clyde Rossouw

Fund Description

Under normal circumstances, the Adviser seeks to achieve the Fund’s investment objective by investing primarily in common stocks of large capitalization companies that the Adviser believes have rare and exceptional qualities that create enduring competitive advantages and strong global brands or franchises.

Under normal circumstances, the Fund invests in at least three countries, including the U.S., and invests at least 40% of its total assets in securities of non-U.S. companies. The Fund considers a company to be a non-U.S. company if: (i) at least 50% of the company’s assets are located outside of the U.S.; (ii) at least 50% of the company’s revenue is generated outside of the U.S.; (iii) the company is organized or maintains its principal place of business outside of the U.S.; or (iv) the company’s securities are traded principally outside of the U.S.

In selecting investments to buy for the Fund, the Adviser uses a fundamental research process to seek to identify attractively valued companies that, in its opinion, represent strong long-term investment opportunities considering the company’s quality, growth and valuation. The Adviser seeks to maintain a portfolio with consistent long-term returns at below average levels of risk relative to the broader global equity market. The Adviser will consider whether to sell an investment using the same fundamental research process it uses to identify potential purchases. The Adviser may sell a security for a variety of reasons, such as because it becomes overvalued or shows deteriorating fundamentals, or to invest in a company believed by the Adviser to offer a superior investment opportunity.

The Fund is classified as “non-diversified,” which means that it may invest a larger percentage of its assets in a smaller number of issuers than a diversified fund.

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ZGFIX - Performance

Return Ranking - Trailing

Period ZGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.3% -35.6% 29.2% 59.84%
1 Yr 17.9% 17.3% 252.4% 90.11%
3 Yr 3.7%* -3.5% 34.6% 30.29%
5 Yr 9.8%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Return Ranking - Calendar

Period ZGFIX Return Category Return Low Category Return High Rank in Category (%)
2023 19.0% -24.3% 957.1% 35.58%
2022 -18.3% -38.3% 47.1% 20.35%
2021 18.4% -54.2% 0.6% 2.69%
2020 16.3% -76.0% 54.1% N/A
2019 27.0% -26.1% 47.8% N/A

Total Return Ranking - Trailing

Period ZGFIX Return Category Return Low Category Return High Rank in Category (%)
YTD 7.3% -35.6% 29.2% 60.40%
1 Yr 17.9% 11.4% 252.4% 88.41%
3 Yr 3.7%* -3.5% 34.6% 28.83%
5 Yr 9.8%* 0.1% 32.7% N/A
10 Yr N/A* -6.9% 18.3% N/A

* Annualized

Total Return Ranking - Calendar

Period ZGFIX Return Category Return Low Category Return High Rank in Category (%)
2023 19.4% -24.3% 957.1% 35.58%
2022 -18.0% -33.1% 47.1% 20.48%
2021 18.6% -44.4% 1.8% 6.86%
2020 16.7% -6.5% 54.1% N/A
2019 28.1% -14.4% 47.8% N/A

NAV & Total Return History


ZGFIX - Holdings

Concentration Analysis

ZGFIX Category Low Category High ZGFIX % Rank
Net Assets 347 M 199 K 133 B 66.56%
Number of Holdings 28 1 9075 91.96%
Net Assets in Top 10 182 M -18 M 37.6 B 63.00%
Weighting of Top 10 51.20% 9.1% 100.0% 11.67%

Top 10 Holdings

  1. VISA INC-CLASS A SHARES COMMON STOCK 8.70%
  2. MICROSOFT CORP COMMON STOCK 6.35%
  3. ASML HOLDING NV COMMON STOCK 6.02%
  4. BOOKING HOLDINGS INC COMMON STOCK 5.13%
  5. PHILIP MORRIS INTERNATIONAL COMMON STOCK 4.73%
  6. INTUIT INC COMMON STOCK 4.25%
  7. MOODY'S CORP COMMON STOCK 4.25%
  8. ICON PLC COMMON STOCK 4.16%
  9. ALPHABET INC-CL A COMMON STOCK 3.94%
  10. BEIERSDORF AG COMMON STOCK 3.66%

Asset Allocation

Weighting Return Low Return High ZGFIX % Rank
Stocks
92.48% 61.84% 125.47% 90.64%
Cash
7.52% -174.70% 23.12% 8.37%
Preferred Stocks
0.00% -0.01% 5.28% 76.21%
Other
0.00% -13.98% 19.14% 77.75%
Convertible Bonds
0.00% 0.00% 4.46% 73.79%
Bonds
0.00% -1.50% 161.67% 74.45%

Stock Sector Breakdown

Weighting Return Low Return High ZGFIX % Rank
Technology
29.43% 0.00% 49.87% 10.02%
Financial Services
25.20% 0.00% 38.42% 3.52%
Consumer Defense
15.57% 0.00% 73.28% 6.28%
Healthcare
14.26% 0.00% 35.42% 55.07%
Communication Services
7.83% 0.00% 57.66% 63.11%
Consumer Cyclical
5.05% 0.00% 40.94% 89.10%
Industrials
2.66% 0.00% 44.06% 99.56%
Utilities
0.00% 0.00% 29.12% 95.26%
Real Estate
0.00% 0.00% 39.48% 94.93%
Energy
0.00% 0.00% 21.15% 92.84%
Basic Materials
0.00% 0.00% 38.60% 97.14%

Stock Geographic Breakdown

Weighting Return Low Return High ZGFIX % Rank
US
74.38% 0.13% 103.82% 19.60%
Non US
18.10% 0.58% 99.46% 92.29%

ZGFIX - Expenses

Operational Fees

ZGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Expense Ratio 0.98% 0.01% 44.27% 47.55%
Management Fee 0.75% 0.00% 1.82% 61.27%
12b-1 Fee N/A 0.00% 1.00% N/A
Administrative Fee N/A 0.01% 0.76% N/A

Sales Fees

ZGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Front Load N/A 2.50% 5.75% N/A
Deferred Load N/A 1.00% 5.00% N/A

Trading Fees

ZGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Max Redemption Fee N/A 1.00% 2.00% 64.91%

Related Fees

Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.

ZGFIX Fees (% of AUM) Category Return Low Category Return High Rank in Category (%)
Turnover 5.00% 0.00% 395.00% 5.39%

ZGFIX - Distributions

Dividend Yield Analysis

ZGFIX Category Low Category High ZGFIX % Rank
Dividend Yield 0.31% 0.00% 3.26% 73.19%

Dividend Distribution Analysis

ZGFIX Category Low Category High Category Mod
Dividend Distribution Frequency Annual Annually Annually Annually

Net Income Ratio Analysis

ZGFIX Category Low Category High ZGFIX % Rank
Net Income Ratio 0.17% -4.27% 12.65% 55.11%

Capital Gain Distribution Analysis

ZGFIX Category Low Category High Capital Mode
Capital Gain Distribution Frequency Annually Semi-Annually Annually

Distributions History

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ZGFIX - Fund Manager Analysis

Managers

Clyde Rossouw


Start Date

Tenure

Tenure Rank

Jul 05, 2017

4.91

4.9%

Clyde is Co-Head of Quality at Ninety One. He is a portfolio manager with a focus on low volatility real return equity and multi-asset investing. His portfolio manager duties include the Quality team’s flagship Global Franchise Strategy, as well as the Global Quality Equity Income Strategy and Opportunity Strategy. Clyde joined the firm in 1999, initially as an asset allocation and sector allocation strategist. Prior to Ninety One, Clyde was awarded a study bursary by Sanlam where he worked for eight years, including five years in asset management. His experience in investments included fixed income analysis and portfolio management. Clyde graduated from the University of Cape Town with a Bachelor of Science degree in Statistics and Actuarial Science. He was awarded the Certificates in Actuarial Techniques in 1995, and Finance and Investments in 1997 by the Institute of Actuaries in London. Clyde is a CFA® Charterholder.

Tenure Analysis

Category Low Category High Category Average Category Mode
0.01 35.82 6.24 1.25