First Investors Global Fund
Data updated: 2019-12-13
C000029247 — First Investors Global Fund. Emerging Markets Blend / Core Equity · $423.00M AUM. Holdings, fees, performance and SEC filings.
C000029247 Fund Overview
First Investors Global Fund is a US mutual fund managed by First Investors Equity Funds, categorised as Emerging Markets 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: First Investors Equity Funds
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $423.00M
- SEC CIK: 0000886048
- SEC series ID: S000010589
- Share class ID: C000029247
C000029247 Investment Objective and Strategy
First Investors Global Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by First Investors Equity Funds.
Investment objective
The Fund seeks long-term capital growth.
Principal investment strategy
The Fund invests in a diversified portfolio of common stocks of companies that are located throughout the world, including the United States. Although the Fund primarily invests in stocks of U.S. and foreign companies that are considered large to medium in size (measured by market capitalization) and that are traded in larger or more established markets, it may invest a significant amount in less-developed or emerging markets. The Fund may also invest (to a lesser degree) in smaller size companies. At times the Fund may invest in forward foreign currency contracts in order to hedge against the currency exposure resulting from its investments in foreign securities, but it may choose not to for a variety of reasons, even under very volatile market conditions. The Fund uses fundamental research and analysis to identify prospective investments.
Security selection is based on any one or more of the following characteristics: profitability; return on invested capital; relative valuation; risk/return profile; quality of assets; industry structure/dynamics; hidden or unappreciated value; and/or quality of management. Once potential investments are identified, the Fund constructs its portfolio based on many factors including: (1) regional and country allocation; (2) industry and sector allocation; (3) company size; and (4) in the case of foreign securities, foreign currency exposure and the risks of trading and maintaining securities and cash in foreign countries. A stock may be sold if, in the portfolio managers opinion: its downside risk equals or exceeds its upside potential; it suffers from a decreasing trend of earnings growth or suffers an earnings disappointment; or it experiences excessive valuations.
The Fund may engage in active and frequent trading, which may result in high portfolio turnover.
C000029247 Costs and Fees
C000029247 costs about $148 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.48%
- Gross expense ratio: 1.48%
- Portfolio turnover: 132%
- Brokerage commissions: 14.35 bps of average net assets (SEC N-CEN)
C000029247 Cashflows
Over the 12 months to 2019-09, First Investors Global Fund had net outflows of $230.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2019-09 | −$121.78M |
| 2019-08 | −$71.83M |
| 2019-07 | −$36.99M |
C000029247 Debt Constituents
No individual debt constituents are reported in First Investors Global Fund's latest SEC N-PORT filing.
C000029247 Prospectus and SEC Filings
Official First Investors Global Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
Related Funds
Other Emerging Markets Blend / Core Equity funds tracked on ABC INVEST:
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.