Salient Global Equity Fund Class A (SGEAX)

11.90
Net Asset Value
-1.73%
1 Day
+0.93%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
5.5
Sales Expenses
2.38%
Expense Ratio
--
Morningstar Risk Rating™
Investment Objective The investment seeks long term capital appreciation. Under normal market conditions, at least 80% of the value of its net assets (plus any borrowings made for investment purposes) will be invested in common stocks and other equity securities (such as preferred stock and/or convertible stock), and 40% of the value of the fund's net assets (plus any borrowings made for investment purposes) will be invested in common stocks and other equity securities (such as preferred stock and/or convertible stock) of issuers located outside of the United States.

Performance

1 month-3.17% 3 years--
3 months0.00% 5 years--
1 year+12.03% Since inception+14.93%
Data through --

Peer Comparisonvs. World stock

 SGEAXCategory
Performance 5-yr return--+14.83%
Expense ratio2.38%1.43%
Risk 5 year sharpe ratio--0.98
Net assets$74.4M$1.4B
Average market cap$40.4B$40.8B
Average P/E17.617.6
Portfolio turnover104%104%

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureAjay Mehra / 1 Years
Minimal initial investment$2,500.00
Minimum IRA investment--

Holdings

International stock44.47%
U.S. stock44.10%
Cash11.34%
Fixed income0.08%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
ABT Abbott Laboratories2.77%
PEP PepsiCo Inc2.71%
-- Reckitt Benckiser Group PLC2.69%
RDSA Royal Dutch Shell PLC ADR Class A2.66%
IBM International Business Machines Corp2.66%
GNW Genworth Financial Inc2.63%
CVS CVS Caremark Corp2.59%
DXJ WisdomTree Japan Hedged Equity2.38%
NVS Novartis AG ADR2.28%
CHL China Mobile Ltd ADR2.19%

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