Salient Global Equity Fund Class A (SGEAX)

11.43
Net Asset Value
-0.78%
1 Day
-1.64%
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-2.26% 3 years--
3 months+2.68% 5 years--
1 year+4.04% Since inception+9.29%
Data through --

Peer Comparisonvs. World stock

 SGEAXCategory
Performance 5-yr return--+9.54%
Expense ratio2.38%1.40%
Risk 5 year sharpe ratio--0.69
Net assets$63.5M$1.3B
Average market cap$44.4B$41.2B
Average P/E17.917.8
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

U.S. stock48.64%
International stock36.65%
Cash10.32%
Fixed income4.39%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- iShares FTSE A50 China3.26%
-- Reckitt Benckiser Group PLC3.18%
PEP PepsiCo Inc3.14%
CVS CVS Health Corp2.95%
RDSA Royal Dutch Shell PLC ADR Class A2.89%
IBM International Business Machines Corp2.77%
NVS Novartis AG ADR2.63%
ROST Ross Stores Inc2.57%
ABT Abbott Laboratories2.55%
YUM Yum Brands Inc2.41%

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