AMG TimesSquare Global Small Cap Fund
Data updated: 2024-11-26
C000200606 — AMG TimesSquare Global Small Cap Fund. Alternative · $2.05M AUM · 1.00% expense ratio. Holdings, fees, performance and SEC filings.
C000200606 Fund Overview
AMG TimesSquare Global Small Cap Fund is a US mutual fund managed by Amg Funds, categorised as Alternative. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Amg Funds
- Category: Alternative
- Assets under management: $2.05M
- 1-year return: 17.4%
- SEC CIK: 0001089951
- SEC series ID: S000061899
- Share class ID: C000200606
C000200606 Investment Objective and Strategy
AMG TimesSquare Global Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Amg Funds.
Investment objective
The AMG TimesSquare Global Small Cap Fund's (the “Fund”) investment objective is to seek long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in securities of small market capitalization companies (small cap companies). Under normal circumstances, the Fund will invest at least 35% of its net assets in investments economically tied to countries other than the U.S., or, if in the view of TimesSquare Capital Management, LLC, the subadviser to the Fund (TimesSquare or the Subadviser), market conditions are not favorable, at least 30% of its net assets in investments economically tied to countries other than the U.S., and the Fund will hold investments economically tied to a minimum of three countries other than the U.S. The Fund considers an investment to be economically tied to a country other than the U.S.
if it provides investment exposure to a non-U.S. issuer. The Fund considers a company to be non-U.S. issuer if (i) it is organized outside the U.S. or maintains a principal place of business outside the U.S., (ii) its securities are traded principally outside the U.S., or (iii) during its most recent fiscal year, it derived at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed outside the U.S. or it has at least 50% of its assets outside the U.S. The Fund primarily invests in U.S. and non-U.S. small cap companies, allocating investments across different countries and regions. TimesSquare considers small cap companies to be those with market capitalizations at the time of purchase within the range of capitalizations of companies in the MSCI World Small Cap Index.
As of March 1, 2018, the date of the latest rebalance of the MSCI World Small Cap Index, the range of market capitalizations was $1.4 million to $13.3 billion. This capitalization range will change over time. The Fund may continue to hold securities of a portfolio company whose market capitalization subsequently drops below or appreciates above the Funds small market capitalization threshold. Because of this, the Fund may have less than 80% of its net assets in securities of small cap companies at any given time. The Fund may invest in securities of issuers located in emerging markets countries. To gain exposure to foreign issuers, the Fund also may invest in American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and other depositary receipts of non-U.S. listed companies and exchange-traded funds.
TimesSquare uses a bottom-up investment process driven by fundamental research conducted by its investment analysts. TimesSquare also applies a macro overlay to monitor and mitigate country risks through active management. Under normal circumstances, the Subadviser seeks to maintain a growth oriented focus and invest the Funds assets pursuant to the following core principles: Revenue growth and profitability should drive equity returns over the long term. Early-stage and traditional growth companies should provide the greatest opportunity. Risk management with respect to the Fund's portfolio should focus on avoiding losing money, rather than minimizing tracking error against the benchmark. A disciplined investment process requires consistently identifying opportunities, evaluating potential returns and responding with timely buy/sell decisions.
C000200606 Holdings
Top 1 holdings of AMG TimesSquare Global Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Dreyfus Institutional Preferred Government Money Market Fund | 101.17% |
C000200606 Portfolio Allocation
Asset-class allocation of AMG TimesSquare Global Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 101.2% |
C000200606 Performance
Total returns for C000200606 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 17.4% |
| 3 years (annualised) | -2.1% |
| 5 years (annualised) | 4.7% |
C000200606 Risk Information
Risk metrics for C000200606, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 17.8%
C000200606 Costs and Fees
C000200606 costs about $100 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.00%
- Gross expense ratio: 5.16%
- Portfolio turnover: 59%
- Brokerage commissions: 12.67 bps of average net assets (SEC N-CEN)
C000200606 Cashflows
Over the 12 months to 2024-09, AMG TimesSquare Global Small Cap Fund had net inflows of $319.98K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | $137.46K |
| 2024-08 | $0 |
| 2024-07 | $154.37K |
| 2024-06 | −$8.34K |
| 2024-05 | −$44.00K |
| 2024-04 | −$5.80K |
C000200606 Debt Constituents
No individual debt constituents are reported in AMG TimesSquare Global Small Cap Fund's latest SEC N-PORT filing.
C000200606 Prospectus and SEC Filings
Official AMG TimesSquare Global Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-29
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus (485BPOS) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2024-11-26
- Portfolio holdings (N-PORT) — filed 2024-08-28
- Portfolio holdings (N-PORT) — filed 2024-05-24
- Annual census (N-CEN) — filed 2024-03-15
- Annual census (N-CEN) — filed 2023-03-16
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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.