Sunbridge Capital Emerging Markets Fund
Data updated: 2023-02-28
C000227628 — Sunbridge Capital Emerging Markets Fund. China Blend / Core Equity · $30.78M AUM. Holdings, fees, performance and SEC filings.
C000227628 Fund Overview
Sunbridge Capital Emerging Markets Fund is a US mutual fund managed by Investment Managers Series Trust II, categorised as China 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: Investment Managers Series Trust II
- Category: China Blend / Core Equity
- Assets under management: $30.78M
- 1-year return: -32.8%
- SEC CIK: 0001587982
- SEC series ID: S000071987
- Share class ID: C000227628
C000227628 Investment Objective and Strategy
Sunbridge Capital Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Investment Managers Series Trust II.
Investment objective
Sunbridge Capital Emerging Markets Fund (the Fund) seeks to achieve long-term capital appreciation.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets (including the amount of any borrowings for investment purposes) in equity securities (including, but not limited to, common stocks, participatory certificates, preferred stocks and warrants) of companies operating principally in emerging market countries. The Fund considers a company to be operating principally in an emerging market country if: (i) its securities are primarily listed on the trading market of an emerging market country; (ii) the company is incorporated or has its principal business activities in an emerging market country; (iii) the company derives 50% or more of its revenues from, or has 50% or more of its assets in, an emerging market country; or (iv) its securities are included in the Morgan Stanley Capital International (MSCI) Emerging Markets Index.
The Fund considers a country to be an emerging market country if: (a) it has been determined by an international organization, such as the World Bank, to have a low to middle income economy; (b) it is not included in the MSCI World Index, which measures the equity market performance of developed markets; or (c) it is represented in the MSCI Emerging Markets Index. The Funds investments in equity securities may include depositary receipts. The Funds investments in depositary receipts may include American, European, Canadian and Global Depositary Receipts (ADRs, EDRs, CDRs and GDRs, respectively). ADRs and CDRs are receipts that represent interests in foreign securities held on deposit by U.S. and Canadian banks or trust companies, respectively. EDRs and GDRs have the same qualities as ADRs, although they may be traded in several international trading markets.
The Fund may also use participation certificates issued by foreign banks or brokers evidencing ownership of underlying stock issued by a foreign company. Participation certificates are used by foreign investors to access local markets and to gain exposure to, primarily, equity securities of issuers listed on a local exchange. The Fund generally invests in a variety of countries and sectors; however, from time to time the Fund may invest a significant portion of its assets in certain emerging market countries or geographic regions, including China and India, and/or one or more sectors. The Fund may invest in issuers with market capitalizations of any size. In addition, the Fund may invest up to 20% of its assets in cash or its investment equivalent. In selecting the Funds investments, Sunbridge Capital Partners LLC (the Advisor), the Funds advisor, first employs a proprietary macro analytical process focused on long-term growth opportunities in emerging market countries through identifying attractive investment themes in emerging markets.
In selecting specific companies for the Funds portfolio, the Advisor uses quantitative and fundamental analysis to identify individual companies that the Advisor believes meet the Funds investment objective. Specifically, the Advisor seeks to invest in companies that are believed to be well managed, with consumer driven demand and above average revenue and earnings growth potential, have a unique or improving market position and possess competitive advantages. On July 9, 2021, the Fund acquired all of the assets, subject to the liabilities, of the Fiera Capital Emerging Markets Fund (the Predecessor Fund). In the reorganization, the Predecessor Fund transferred the ownership of its wholly owned collective investment vehicle (the Mauritius Subsidiary), which is registered with and regulated by the Mauritius Financial Services Commission, to the Fund.
The Mauritius Subsidiary is registered as a Foreign Portfolio Investor (FPI) in India and makes investments in Indian securities. Following an extensive due diligence process and cost benefit analysis, the Advisor decided to terminate the Mauritius Subsidiary, as the Fund no longer receives benefits under the income tax treaty between Mauritius and India in connection with its investments in Indian securities through the Mauritius Subsidiary. As of January 2022, the Funds investments in Indian securities are held directly by the Fund rather than through the Mauritius Subsidiary. The Advisor has begun the deregistration process for the Mauritius Subsidiary, and it is expected to be completed by the end of 2022.
C000227628 Performance
Total returns for C000227628 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -32.8% |
C000227628 Risk Information
Risk metrics for C000227628, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 14.4%
C000227628 Costs and Fees
C000227628 costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 1.28%
- Portfolio turnover: 56%
- Brokerage commissions: 24.98 bps of average net assets (SEC N-CEN)
C000227628 Cashflows
Over the 12 months to 2022-12, Sunbridge Capital Emerging Markets Fund had net inflows of $408.59M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-12 | $18.56M |
| 2022-11 | $129.57M |
| 2022-10 | $27.29M |
| 2022-09 | $4.50M |
| 2022-08 | $6.40M |
| 2022-07 | $4.79M |
C000227628 Debt Constituents
No individual debt constituents are reported in Sunbridge Capital Emerging Markets Fund's latest SEC N-PORT filing.
C000227628 Prospectus and SEC Filings
Official Sunbridge Capital Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-07-26
- Prospectus supplement (497) — filed 2022-09-20
- Prospectus supplement (497) — filed 2022-01-21
- Portfolio holdings (N-PORT) — filed 2023-02-28
- Portfolio holdings (N-PORT) — filed 2022-11-25
- Portfolio holdings (N-PORT) — filed 2022-08-24
- Annual census (N-CEN) — filed 2022-06-09
Related Funds
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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.