Salient Global Equity Fund Class I (SGEIX)

12.08
Net Asset Value
+0.50%
1 Day
+2.63%
Year-to-Date
Overall Morningstar Rating
World stock
Style or Category
No Load
Sales Expenses
2.13%
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+4.68% 3 years--
3 months-0.74% 5 years--
1 year+5.33% Since inception+11.33%
Data through --

Peer Comparisonvs. World stock

 SGEIXCategory
Performance 5-yr return--+10.46%
Expense ratio2.13%1.41%
Risk 5 year sharpe ratio--0.79
Net assets$65.9M$1.3B
Average market cap$40.0B$41.2B
Average P/E17.817.5
Portfolio turnover104%104%

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Fund Management and Purchase Info

Fund familySalient Funds
Fund manager & tenureAjay Mehra / 1 Years
Minimal initial investment$1,000,000.00
Minimum IRA investment--

Holdings

U.S. stock42.60%
International stock40.03%
Cash14.83%
Fixed income2.54%
Other0.00%
Top 5 Sectors
Portfolio weighting
Business service --
Consumer goods --
Consumer service --
Energy --
Financial service --
Top 10 Holdings
Portfolio weighting
-- Reckitt Benckiser Group PLC3.00%
RDSA Royal Dutch Shell PLC ADR Class A2.93%
PEP PepsiCo Inc2.71%
CVS CVS Health Corp2.62%
IBM International Business Machines Corp2.48%
NVS Novartis AG ADR2.37%
ABT Abbott Laboratories2.35%
YUM Yum Brands Inc2.32%
-- Saipem2.20%
PAGP Plains GP Holdings LP Class A2.13%

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