EQ/Invesco International Growth Portfolio
Data updated: 2022-11-28
C000203184 — EQ/Invesco International Growth Portfolio. China Mid Cap Growth Equity · $154.33M AUM. Holdings, fees, performance and SEC filings.
C000203184 Fund Overview
EQ/Invesco International Growth Portfolio is a US mutual fund managed by Eq Advisors Trust, categorised as China Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Eq Advisors Trust
- Category: China Mid Cap Growth Equity
- Assets under management: $154.33M
- 1-year return: -25.3%
- SEC CIK: 0001027263
- SEC series ID: S000062652
- Share class ID: C000203184
C000203184 Investment Objective and Strategy
EQ/Invesco International Growth Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Eq Advisors Trust.
Investment objective
Seeks to achieve long-term growth of capital.
Principal investment strategy
The Portfolio invests primarily in equity securities and depositary receipts of foreign issuers. The principal types of equity securities in which the Portfolio invests are common and preferred stock. Under normal circumstances, the Portfolio will provide exposure to investments that are economically tied to at least three different countries outside of the U.S. An issuer will be considered to be economically tied to a country outside of the U.S. if it is domiciled, derives a significant portion of its revenues from, or primarily trades in a market located outside of the U.S. The Portfolio may also invest up to 1.25 times the amount of the exposure to emerging markets countries in the MSCI All Country World ex-U.S. Growth Index. Emerging markets countries are those countries that are in the early stages of their industrial cycles.
The Portfolio invests primarily in securities of issuers that are considered by the Sub-Adviser to have potential for earnings or revenue growth. The Portfolios common stock investments may also include China A-shares (shares of companies based in mainland China that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange). The Portfolio invests primarily in the securities of large-capitalization issuers and may invest a significant amount of its net assets in the securities of mid-capitalization issuers. The Portfolio considers an issuer to be a large-capitalization issuer if it has a market capitalization, at the time of purchase, within the range of the largest and smallest capitalized companies included in the Russell 1000 Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month.
As of December 31, 2017, the capitalization of companies in the Russell 1000 Index ranged from $568 million to $867.5 billion. The Portfolio considers an issuer to be a mid-capitalization issuer if it has a market capitalization, at the time of purchase, within the range of the largest and smallest capitalized companies included in the Russell Midcap Index during the most recent 11-month period (based on month-end data) plus the most recent data during the current month. As of December 31, 2017, the capitalization of companies in the Russell Midcap Index ranged from $568 million to $36.7 billion. The Portfolio can invest in derivative instruments, including forward foreign currency contracts and futures contracts. The Portfolio can use forward foreign currency contracts to hedge against adverse movements in the foreign currencies in which portfolio securities are denominated, if deemed appropriate by the Sub-Adviser.
The Portfolio can use futures contracts to gain exposure to the broad market in connection with managing cash balances or to hedge against downside risk. The Portfolios investments in derivatives transactions may be deemed to involve the use of leverage because the Portfolio is not required to invest the full market value of the contract upon entering into the contract but participates in gains and losses on the full contract price. The use of derivatives also may be deemed to involve the use of leverage because the heightened price sensitivity of some derivatives to market changes may magnify the Portfolios gain or loss. It is not expected, however, that the Portfolio will be leveraged by borrowing money for investment purposes. The Portfolios investments in derivatives may require it to maintain a percentage of its assets in cash and cash equivalent instruments to serve as margin or collateral for the Portfolios obligations under derivative transactions.
The Sub-Adviser employs a disciplined investment strategy that emphasizes fundamental research. The fundamental research primarily focuses on identifying quality growth companies and is supported by quantitative analysis, portfolio construction and risk management. Investments for the portfolio are selected bottom-up on a security-by-security basis. The focus is on the strengths of individual issuers, rather than sector or country trends. The Sub-Advisers strategy primarily focuses on identifying issuers that it believes have sustainable earnings growth, efficient capital allocation, and attractive prices. The Sub-Adviser may consider selling a security for several reasons, including when (1) its price changes such that the Sub-Adviser believes it has become too expensive, (2) the original investment thesis for the company is no longer valid, or (3) a more attractive investment opportunity is identified.
The Portfolio also may lend its portfolio securities to earn additional income.
C000203184 Performance
Total returns for C000203184 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -25.3% |
| 3 years (annualised) | -2.6% |
C000203184 Risk Information
Risk metrics for C000203184, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 18.1%
C000203184 Costs and Fees
C000203184 costs about $114 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.14%
- Gross expense ratio: 1.14%
- Portfolio turnover: 42%
- Brokerage commissions: 9.75 bps of average net assets (SEC N-CEN)
C000203184 Cashflows
Over the 12 months to 2022-09, EQ/Invesco International Growth Portfolio had net inflows of $9.03M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-09 | −$1.93M |
| 2022-08 | −$385.27K |
| 2022-07 | $677.35K |
| 2022-06 | $260.52K |
| 2022-05 | −$429.46K |
| 2022-04 | −$57.93K |
C000203184 Debt Constituents
No individual debt constituents are reported in EQ/Invesco International Growth Portfolio's latest SEC N-PORT filing.
C000203184 Prospectus and SEC Filings
Official EQ/Invesco International Growth Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-28
- Prospectus (485BPOS) — filed 2021-04-29
- Prospectus supplement (497) — filed 2020-10-08
- Portfolio holdings (N-PORT) — filed 2022-11-28
- Portfolio holdings (N-PORT) — filed 2022-08-24
- Portfolio holdings (N-PORT) — filed 2022-05-27
- Annual census (N-CEN) — filed 2022-03-10
- Annual census (N-CEN) — filed 2021-03-11
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.