Virtus Vontobel Global Opportunities Fund
The Fund seeks to generate attractive risk-adjusted long-term returns by investing in high-quality companies across the globe. Fundamental, bottom-up research aims to identify well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects, and, in most cases, generate free cash flow.
Vontobel Asset Management, Inc.
Vontobel Asset Management believes that the best way to achieve capital appreciation and outperform the market over time is by investing in well-managed businesses with consistent operating histories and financial performance that have favorable long-term economic prospects.
Learn more about Vontobel Asset Management, Inc.
Chief Investment Officer, Portfolio Manager, Senior Research Analyst
Industry start date: 1998
Start date as fund Portfolio Manager: 2009
Matthew Benkendorf is the chief investment officer of Vontobel Asset Management’s Quality Growth Boutique, having been elevated to the position in March 2016. He is a co-architect of Vontobel’s Quality Growth philosophy and style, and has been instrumental in the development of the boutique’s investment approach across the Vontobel Quality Growth strategies.
Mr. Benkendorf joined Vontobel Asset Management in 1999 in trade support and was promoted to trader in 2000. He became a research analyst in 2002 and moved into portfolio management in 2006 on the firm’s European Equity strategy. Since 2008, he has further developed his responsibilities and, in turn, became portfolio manager on the Global, U.S., International, and Emerging Markets Equity strategies.
Mr. Benkendorf earned a B.S.B.A in finance from the University of Denver. He has worked in the investment industry since 1998.
Ramiz Chelat, CFA
Managing Director, Portfolio Manager, Senior Research Analyst
Industry start date: 1997
Start date as fund Portfolio Manager: 2016
Ramiz Chelat is a portfolio manager and senior research analyst with Vontobel Asset Management’s Quality Growth Boutique. He has been a portfolio manager on the firm’s Global Equity strategy since 2016 and on the Emerging Markets strategy since 2021. In addition to his portfolio management responsibilities, Mr. Chelat conducts research analysis on individual stocks that may be included in the firm’s other strategies, primarily focusing on the consumer discretionary, consumer staples, and information technology sectors.
Prior to joining Vontobel in July 2007 as a senior research analyst, Mr. Chelat was head of consumer and media research at Macquarie Hong Kong from 2004 to 2007, and an analyst at Macquarie Australia from 2000 to 2004. Previously, Mr. Chelat was a financial analyst at Optus from 1999 to 2000. He began his financial career at Ernst & Young, where he was a senior accountant from 1997 to 1999.
Mr. Chelat earned a B.Com. in accounting and finance from Macquarie University in Australia. In addition, he is a member of the Institute of Chartered Accountants of Australia as a qualified chartered accountant. Mr. Chelat is a CFA® (Chartered Financial Analyst®) charterholder.
Searches for quality, high-return growth businesses with strong profitability and durable franchises, trading at attractive valuations
A high-conviction, concentrated approach to investing that focuses on minimizing business risk rather than Index risk
Lower Volatility Approach
A long-term-focused investment philosophy and approach which strives to offer market participation with less risk and volatility than the Index
Top Holdings (% Fund)
|UnitedHealth Group Inc||
|CME Group Inc||
|Housing Development Finance Corp Ltd||
|Boston Scientific Corp||
Holdings are subject to change.
Characteristics4(as of 09/30/2022)
|Average Weighted Market Cap (billions)||$245.14|
|Median Market Cap (billions)||$52.58|
|Trailing P/E Ex-Negative Earnings||24.38|
|3-Year Earnings Growth Rate||14.98|
Sector Allocation (% Equity)
Top Countries (% Invested Assets)(as of 09/30/2022)
Performance & Risk
Growth of $10,000 InvestmentFrom to
Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.
Sales Charge and Expenses
|Virtus Vontobel Global Opportunities Fund Fact Sheet - R6|
|Virtus Vontobel Global Opportunities Fund Fact Sheet - I|
|Virtus Vontobel Global Opportunities Fund Fact Sheet - A|
Investors should carefully consider the investment objectives, risks, charges and expenses of any Virtus Mutual Fund before investing. The prospectus and summary prospectus contains this and other information about the fund. Please contact your financial representative, call 1-800-243-4361 to obtain a current prospectus and/or summary prospectus. You should read the prospectus and/or summary prospectus carefully before you invest or send money.
Average annual total return is the annual compound return for the indicated period. It reflects the change in share price and the reinvestment of all dividends and capital gains. NAV returns do not include the effect of any applicable sales charges. POP and w/CDSC returns include the effect of maximum applicable sales charges.
Returns for periods of less than one year are cumulative total returns.
1 Yields/Distributions: 30-day SEC Yield is a standardized yield calculated according to a formula set by the SEC, and is subject to change. 30-day SEC Yield (unsubsidized) is the 30-day SEC Yield without the effect of applicable expense waivers. Distribution Rate is calculated by (a) annualizing the latest income distribution for fixed income funds or funds less than 1 year old, or (b) summing all income distributions over the preceding 12 months for all other funds, and dividing the NAV on the last business date of the period, unless otherwise indicated. The Distribution Rate may be comprised of ordinary income, net realized capital gains and returns of capital.
2 Distribution History: Distributions are represented on a cash basis and may be reclassified at year end for tax purposes. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. STCG: Short Term Capital Gain, LTCG: Long Term Capital Gain
3 Risk Statistics: R2 is a statistical measure that represents the percentage of a fund or security's movements that can be explained by movements in a benchmark index. Beta is a quantitative measure of the volatility of a given portfolio to the overall market. Alpha is a risk adjusted measure of an investment's excess return relative to a benchmark. A positive Alpha indicates that the investment produced a return greater than expected for the risk (as measured by Beta) taken. Standard Deviation measures variability of returns around the average return for an investment fund. Higher standard deviation suggests greater risk. Risk Statistics are calculated using 36 monthly returns.
4 Characteristics: For Equity Funds: Avg. Weighted Market Cap (bn): The sum of each security's weight within the fund (or index) multiplied by the security's market capitalization; Trailing P/E Ex-Negative Earnings: Per-share stock price divided by the latest 12-months Earnings per Share; Price/Cash Flow: Per-share stock price divided by the per-share operating cash flow; Price/Book: Per-share stock price divided by the latest 12-month per-share Book Value; 3-Year EPS Growth Rate: Average of earnings per share growth for latest 3-year period. The 3-Year EPS Growth Rate is not a forecast of the fund's performance.
4 Characteristics: For Fixed Income Funds: Effective Duration represents the interest rate sensitivity of a fixed income fund. For example, if a fund's effective duration is five years, a 1% increase in interest rates would result in a 5% decline in the fund's price. Similarly, a 1% decline in interest rates would result in a 5% gain in the fund's price.
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds, variable annuity and variable life subaccounts, exchange-traded funds, closed-end funds, and separate accounts) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star. The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Ratings do not take into account the effects of sales charges and loads.
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