Mondrian International Value Equity Fund (MPIEX)
Mondrian International Value Equity Fund operates in the Asset Management industry of the Financial Services sector, headquartered in Oaks, PA, US. The stock last traded at $19.22, up 0.68% on the session, giving a market capitalisation of $1.05B. Its beta of 0.71 implies it has historically moved less than the broad market.
The fund's investment mandate dictates that at least 80% of its net assets, augmented by any capital raised through borrowing for investment purposes, must be directed into equity holdings. Its portfolio exhibits international diversification, spreading investments across a minimum of three nations, and committing at least 40% of its total assets specifically to securities issued by non-U.S. corporations. The definition of equity securities is comprehensive, including but not limited to ordinary shares, preferred shares, convertible instruments, rights, warrants, and various depositary receipts. These depositary receipts, such as American (ADRs), European (EDRs), and Global (GDRs) variants, are certificates typically issued by banking or trust institutions, signifying beneficial ownership in the securities of companies, whether U.S. or non-U.S. based.
Mondrian International Value Equity Fund is most often compared with the following Financial Services names: