Our Terms of Service and Privacy Policy have changed.

By continuing to use this site, you are agreeing to the new Privacy Policy and Terms of Service.

AMG Managers Montag & Caldwell Growth Fund Class I (MCGIX)

20.79
Net Asset Value
+0.19%
1 Day
+18.66%
Year-to-Date
Overall Morningstar Rating
Large growth
Style or Category
No Load
Sales Expenses
0.88%
Expense Ratio
Low
Morningstar Risk Rating™
Investment Objective The investment seeks long-term capital appreciation and- secondarily- current income. The fund invests primarily in common stocks- convertible preferred stocks- and convertible bonds. The subadviser uses a bottom-up approach to stock selection and seeks high quality- well-established- large-cap companies that the subadviser believes are growing their near-term earnings at an above average rate. The managers define a large-cap company as one having a market capitalization of $5 billion or more at the time of acquisition. It may invest in foreign securities (directly and through depositary receipts).

Performance

1 month+2.01% 3 years+9.73%
3 months+3.18% 5 years+11.09%
1 year+17.63% Since inception+7.73%
Data through --

Peer Comparisonvs. Large growth

 MCGIXCategory
Performance 5-yr return+11.09%+13.70%
Expense ratio0.88%1.12%
Risk 5 year sharpe ratio1.081.22
Net assets$909.2M$3.3B
Average market cap$96.0B$118.6B
Average P/E26.526.8
Portfolio turnover64%64%

There are thousands of mutual funds to choose from. Get Money Magazine’s picks in all major categories.

Fund Management and Purchase Info

Fund familyAMG Funds
Fund manager & tenureRonald Canakaris / 22 Years
Minimal initial investment$100,000.00
Minimum IRA investment$25,000.00

Holdings

U.S. stock95.24%
Cash4.76%
International stock0.00%
Fixed income0.00%
Other0.00%
Top 5 Sectors
Portfolio weighting
Consumer goods 20.99%
Energy 16.69%
Consumer service 11.42%
Healthcare 11.31%
Telecommunication 9.37%
Top 10 Holdings
Portfolio weighting
UNH UnitedHealth4.79%
V Visa4.36%
FB Facebook4.34%
GOOGL Google4.25%
MSFT Microsoft4.19%
PCLN Priceline3.61%
DLTR Dollar Tree Inc3.55%
ORCL Oracle3.52%
EL Estee Lauder3.30%
ICE Intercontinental Exchange Inc3.27%