FMGEX — Frontier MFG Global Equity Fund
Data updated: 2024-05-24
FMGEX — Frontier MFG Global Equity Fund. Alternative · $1.41M AUM · 0.80% expense ratio · 18.3% 1-yr return. Holdings, fees, performance and SEC filings.
FMGEX Fund Overview
FMGEX — Frontier MFG Global Equity Fund is a US mutual fund managed by Mfg Funds, Inc., 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: Mfg Funds, Inc.
- Category: Alternative
- Assets under management: $1.41M
- 1-year return: 18.3%
- Ticker: FMGEX
- SEC CIK: 0001014913
- SEC series ID: S000035416
- Share class ID: C000108789
FMGEX Investment Objective and Strategy
Frontier MFG Global Equity Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Mfg Funds, Inc..
Investment objective
The investment objective of the Frontier MFG Global Equity Fund (the Fund) is capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund invests at least 80% of its net assets in a non-diversified portfolio of publicly-traded equity securities issued by U.S. and non-U.S. companies. Equity securities in which the Fund will invest as a principal investment strategy consist of common stocks, American Depositary Receipts (ADRs), Global Depositary Receipts (GDRs) and Real Estate Investment Trusts (REITs). Under normal market conditions, the Fund will allocate its assets among issuers located in at least three different countries and will invest at least 40% of its net assets in non-U.S. companies. The Funds subadviser, Magellan Asset Management Limited doing business as MFG Asset Management (MFG Asset Management), may reduce this 40% minimum investment amount to 30% if it deems market conditions to be unfavorable.
MFG Asset Management seeks to identify high-quality companies at attractive prices while integrating an in-depth macroeconomic understanding in order to manage risk. The Fund will normally hold a limited number (generally 20 to 40) of companies, typically with a market capitalization in excess of U.S. $10 billion at the time of purchase. The Fund may have significant investments in the technology sector.
FMGEX Holdings
Top 1 holdings of Frontier MFG Global Equity Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| U.S. Bank Money Market Deposit Account | 46.56% |
FMGEX Portfolio Allocation
Asset-class allocation of Frontier MFG Global Equity Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Cash & Equivalents | 46.6% |
FMGEX Performance
Total returns for FMGEX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 18.3% |
| 3 years (annualised) | 3.9% |
FMGEX Risk Information
Risk metrics for FMGEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 13.6%
FMGEX Costs and Fees
FMGEX costs about $80 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.80%
- Gross expense ratio: 0.94%
- Portfolio turnover: 39%
- Brokerage commissions: 2.97 bps of average net assets (SEC N-CEN)
FMGEX Cashflows
Over the 12 months to 2024-03, Frontier MFG Global Equity Fund had net inflows of $50.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-03 | −$45.45K |
| 2024-02 | −$4.40M |
| 2024-01 | $366.80K |
| 2023-12 | $14.74M |
| 2023-11 | $1.37M |
| 2023-10 | $21.16K |
FMGEX Debt Constituents
No individual debt constituents are reported in Frontier MFG Global Equity Fund's latest SEC N-PORT filing.
FMGEX Prospectus and SEC Filings
Official Frontier MFG Global Equity Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2023-10-27
- Prospectus (485BPOS) — filed 2022-10-28
- Prospectus (485BPOS) — filed 2021-10-28
- Portfolio holdings (N-PORT) — filed 2024-05-24
- Portfolio holdings (N-PORT) — filed 2024-02-23
- Portfolio holdings (N-PORT) — filed 2023-11-22
- Annual census (N-CEN) — filed 2023-09-08
- Annual census (N-CEN) — filed 2022-09-06
Related Funds
Other Alternative 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.