AMDCX — Amidex35 Israel Mutual Fund

AMDCX Fund Overview

AMDCX — Amidex35 Israel Mutual Fund is a US mutual fund managed by AMIDEX Funds Inc, categorised as Single Country Blend / Core Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: AMIDEX Funds Inc
• Category: Single Country Blend / Core Equity
• Assets under management: $6.06M
• Ticker: AMDCX
• SEC CIK: 0001074440
• SEC series ID: S000004489
• Share class ID: C000012358

AMDCX Investment Objective and Strategy

Amidex35 Israel Mutual Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by AMIDEX Funds Inc.

Investment objective

The Fund's investment objective is long-term growth of capital.

Principal investment strategy

"The Fund will invest at least 95% of its net assets in the common stocks of the companies comprising the AMIDEX35 Index (the ""Index""), in approximately the same percentages as those companies are included in the Index or until the Fund's net assets reach $25 million, the Adviser may invest Fund assets in a representative sample of Index securities and other permissible securities. The AMIDEX35 Index is an unmanaged index consisting of the 35 largest publicly traded Israeli companies, as measured by market capitalization. The Adviser, Index Investments, LLC is responsible for calculating and maintaining the Index."

AMDCX Costs and Fees

AMDCX costs about $525 per $10,000 invested per year in fund expenses.

• Net expense ratio: 5.25%
• Gross expense ratio: 5.25%
• Portfolio turnover: 11%
• Brokerage commissions: 5.13 bps of average net assets (SEC N-CEN)

AMDCX Cashflows

Over the 12 months to 2020-05, Amidex35 Israel Mutual Fund had net outflows of $40.90K, from monthly SEC N-PORT filings.

AMDCX Debt Constituents

No individual debt constituents are reported in Amidex35 Israel Mutual Fund's latest SEC N-PORT filing.

AMDCX Prospectus and SEC Filings

Official Amidex35 Israel Mutual Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2018-10-11
• Prospectus (485BPOS) — filed 2017-10-19
• Prospectus (485BPOS) — filed 2015-10-23
• Portfolio holdings (N-PORT) — filed 2020-07-30
• Annual census (N-CEN) — filed 2020-08-14
• Annual census (N-CEN) — filed 2019-08-26

Data Sources

ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.