Mundoval (MUNDX)
Mundoval operates in the Asset Management industry of the Financial Services sector, headquartered in La Jolla, CA, US. The stock last traded at $29.48, up 0.27% on the session, giving a market capitalisation of $28.3M. Its beta of 0.89 implies it has historically moved less than the broad market.
Under typical market conditions, this fund primarily invests in common stock issued by substantial U.S. and international corporations. These large-capitalization companies possess a market value of $10 billion or more. Its international holdings chiefly consist of American Depositary Receipts (ADRs), which are U.S. bank-issued certificates representing shares of foreign companies that trade on either domestic or overseas stock exchanges. The fund's overarching investment approach is rooted in value-based investing.
Mundoval is most often compared with the following Financial Services names: