CWNIX — C WorldWide International Equities Fund
Data updated: 2023-12-14
CWNIX — C WorldWide International Equities Fund. Emerging Markets Growth Equity · $973.94K AUM. Holdings, fees, performance and SEC filings.
CWNIX Fund Overview
CWNIX — C WorldWide International Equities Fund is a US mutual fund managed by FundVantage Trust, categorised as Emerging Markets 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: FundVantage Trust
- Category: Emerging Markets Growth Equity
- Assets under management: $973.94K
- 1-year return: 22.9%
- Ticker: CWNIX
- SEC CIK: 0001388485
- SEC series ID: S000069663
- Share class ID: C000222181
CWNIX Investment Objective and Strategy
C WorldWide International Equities Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.
Investment objective
C WorldWide International Equities Fund (the Fund) seeks to achieve long-term growth of capital exceeding the return of the market after expenses with a moderate risk profile in line with or below the market risk.
Principal investment strategy
The Fund typically invests in a portfolio of common stocks of a limited number of sustainable growth companies worldwide excluding the United States. The Fund primarily invests in common stocks of between 25-30 large cap companies of which the Adviser has detailed knowledge and believes to represent promising long-term investment opportunities. Under normal market conditions, the Fund will invest at least 80% of its net assets, plus borrowings for investment purposes, in equity securities. The Fund will invest in common stocks of issuers in various regions and countries and may invest all of its assets in such companies. In seeking to identify sustainable growth companies, the Adviser employs a generalist analytic structure with the exception of select geographic regions that require specialist expertise such as India and select Asian markets.
The Funds stock selection process begins with qualitative assessments of companies by the Advisers investment team. As part of these assessments, the Adviser evaluates, among other criteria, the quality of a companys business model, a companys financial metrics and valuation, the quality of a companys management and environmental, social and governance (ESG) factors. In incorporating ESG factors into its investment process, the Adviser seeks to identify sustainable companies that follow good business practices. The Fund is typically focused on selecting high-quality companies with consistent/recurring revenues, stable free cash flows and sustainable returns on invested capital. The objective is to construct a well-diversified portfolio of unique companies exposed to diverse structural growth themes.
The Advisers approach is based on fundamental research. Such research is informed by visiting companies, participating in investment workshops and seminars, generating proprietary research and reviewing third party research with a focus on both developed and emerging markets. The Advisers fundamental evaluation of stocks is dependent on a combination of factors, including risk return considerations, coupled with market sentiment and economic data. The Adviser monitors investments for changes in the factors above, which may trigger a decision to sell a security, but does not require such a decision. The Adviser may consider selling a security if alternative investment ideas have been developed. The Adviser may also sell a security to meet redemptions. The Fund is non-diversified, which means that a significant portion of the Funds assets may be invested in the securities of a single or small number of companies and/or in a more limited number of sectors than a diversified mutual fund.
Although the Fund may not concentrate (invest 25% or more of its net assets) in any industry, the Fund may focus its investments from time to time in one or more sectors of the economy or stock market. The Fund may also invest in depositary receipts or other securities that are convertible into securities of foreign issuers. The Fund may invest in foreign currencies and may engage in other foreign currency transactions for investment or hedging purposes. A portion of the Funds assets may be held in cash or cash equivalent instruments, including, but not limited to, short term investment funds and/or Government securities. These cash or cash equivalent holdings may serve as collateral for the positions the Fund takes and also may also earn income for the Fund.
CWNIX Performance
Total returns for CWNIX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 22.9% |
CWNIX Risk Information
Risk metrics for CWNIX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 21.5%
CWNIX Costs and Fees
CWNIX costs about $55 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.55%
- Gross expense ratio: 30.92%
- Portfolio turnover: 10%
- Brokerage commissions: 1.27 bps of average net assets (SEC N-CEN)
CWNIX Cashflows
Over the 12 months to 2023-09, C WorldWide International Equities Fund had net inflows of $108.59K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2023-09 | $0 |
| 2023-08 | $0 |
| 2023-07 | $100.00K |
| 2023-06 | $0 |
| 2023-05 | $0 |
| 2023-04 | $0 |
CWNIX Debt Constituents
No individual debt constituents are reported in C WorldWide International Equities Fund's latest SEC N-PORT filing.
CWNIX Prospectus and SEC Filings
Official C WorldWide International Equities Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-01-31
- Prospectus (485BPOS) — filed 2020-10-02
- Prospectus supplement (497) — filed 2023-02-06
- Portfolio holdings (N-PORT) — filed 2023-11-21
- Portfolio holdings (N-PORT) — filed 2023-08-21
- Portfolio holdings (N-PORT) — filed 2023-05-26
- Annual census (N-CEN) — filed 2023-12-14
- Annual census (N-CEN) — filed 2022-12-14
Related Funds
Other Emerging Markets Growth 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.