Causeway Concentrated Equity Fund

C000222730 Fund Overview

Causeway Concentrated Equity Fund is a US mutual fund managed by Causeway Capital Management Trust, categorised as Emerging Markets Value Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.

• Type: US mutual fund
• Manager: Causeway Capital Management Trust
• Category: Emerging Markets Value Equity
• Assets under management: $5.24M
• 1-year return: 38.5%
• SEC CIK: 0001156906
• SEC series ID: S000069917
• Share class ID: C000222730

C000222730 Investment Objective and Strategy

Causeway Concentrated Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Causeway Capital Management Trust.

Investment objective

The Funds investment objective is to seek long-term growth of capital.

Principal investment strategy

The Fund invests at least 80% of its total assets in equity securities of companies in the U.S and in developed and emerging countries outside the U.S. The Fund will typically hold between 25 and 35 investments. Equity securities include common stock, preferred and preference stock, and depositary receipts. When investing the Funds assets, the Investment Adviser follows a value style, performing fundamental research supplemented by quantitative analysis. Beginning with a universe of all publicly listed companies throughout the developed and emerging markets, the Investment Adviser applies market capitalization and liquidity thresholds to reduce investment candidates to approximately 4,000 equity securities. The Investment Adviser uses quantitative valuation screens to further narrow the potential investment candidates.

The Investment Adviser then performs fundamental research, which generally includes company-specific research, company visits, and interviews of suppliers, customers, competitors, industry analysts, and experts. This process results in risk-adjusted return forecasts for a closely followed group of potential investment candidates. The next step is a quantitative optimization using forecast annualized returns, forecast annualized volatility risk, and other inputs to produce proposed portfolio weights for investment candidates. To select particular investments, the Investment Adviser performs further fundamental research on the optimized portfolio, which generally includes company-specific and industry-specific research to assess the suitability of individual securities for a portfolio that will typically hold between 25 and 35 investments.

The Investment Adviser may apply multiple rounds of optimization and fundamental research before making investments. Using a value style means that the Investment Adviser buys stocks that it believes have lower prices than their true worth. For example, stocks may be undervalued because the issuing companies are in industries that are currently out of favor with investors. However, even in those industries, certain companies may have high rates of growth of earnings and be financially sound. The Investment Adviser considers whether a company has each of the following value characteristics in purchasing or selling securities for the Fund: Low price-to-earnings ratio (stock price divided by earnings per share) relative to the sector High yield (percentage rate of return paid on a stock in dividends and share repurchases) relative to the market Low price-to-book value ratio (stock price divided by book value per share) relative to the market Low price-to-cash flow ratio (stock price divided by net income plus non-cash charges per share) relative to the market Financial strength Generally, price-to-earnings ratio and yield are the most important factors.

The Fund may invest in companies of any market capitalization, and is not required to invest a minimum amount and is not limited to investing a maximum amount in companies in any particular country. Under normal circumstances, the Fund will invest all of its total assets in companies in at least three countries. The Investment Adviser determines a companys country by referring to: the stock exchange where its securities are principally traded; where it is registered, organized or incorporated; where its headquarters are located; its MSCI country classification; where it derives at least 50% of its revenues or profits from goods produced or sold, investments made, or services performed; or where at least 50% of its assets are located. These categories are designed to identify investments that are tied economically to, and subject to the risks of, investing outside the U.S.

C000222730 Performance

Total returns for C000222730 (as of 2026-10-01), from SEC filings.

C000222730 Risk Information

Risk metrics for C000222730, derived from monthly returns in SEC filings.

• 1-year volatility (annualised): 19.1%

C000222730 Costs and Fees

C000222730 costs about $85 per $10,000 invested per year in fund expenses.

• Net expense ratio: 0.85%
• Gross expense ratio: 3.09%
• Portfolio turnover: 62%
• Brokerage commissions: 5.58 bps of average net assets (SEC N-CEN)

C000222730 Cashflows

Over the 12 months to 2023-09, Causeway Concentrated Equity Fund had net inflows of $131.29K, from monthly SEC N-PORT filings.

C000222730 Debt Constituents

No individual debt constituents are reported in Causeway Concentrated Equity Fund's latest SEC N-PORT filing.

C000222730 Prospectus and SEC Filings

Official Causeway Concentrated Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.

• Prospectus (485BPOS) — filed 2023-01-27
• Prospectus (485BPOS) — filed 2022-01-27
• Prospectus supplement (497) — filed 2022-06-30
• Portfolio holdings (N-PORT) — filed 2023-11-28
• Portfolio holdings (N-PORT) — filed 2023-08-28
• Portfolio holdings (N-PORT) — filed 2023-05-30
• Annual census (N-CEN) — filed 2023-12-14
• Annual census (N-CEN) — filed 2022-12-13

Related Funds

Other Emerging Markets Value Equity funds tracked on ABC INVEST:

• iShares Emerging Markets Dividend ETF (DVYE)
• SPDR® S&P® Emerging Markets Dividend ETF (EDIV)
• Cambria Emerging Shareholder Yield ETF (EYLD)
• Fidelity Emerging Markets Multifactor ETF (FDEM)
• VictoryShares Emerging Markets Value Momentum ETF (UEVM)

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.