FQ Global Essentials Fund (formerly Fremont Global Fund)

For additional information regarding the Fund’s management, investment philosophy, and investment process, please download the product profile.

Objective

The Managers AMG FQ Global Essentials Fund's investment objective is to maximize total return.

Fund Focus

The Managers AMG FQ Global Essentials Fund seeks to provide a diversified, risk-balanced global market portfolio. The Fund also attempts to balance risk and return by gaining exposure to global equities and debt, primarily through derivative instruments utilizing a proprietary dynamic asset-allocation process. Under normal circumstances, the Fund will invest at least 40% of its net assets, plus the amount of any borrowing for investment purposes, in securities (permitted by applicable law) of issuers organized, located, or doing a substantial amount of business outside the United States, including investments exposed to such issuers.

Generally, the Fund intends to invest in the following asset classes:

  • Global Equities – Generally, exposure to global equities will be through futures on equity country indices, but the Fund may also seek to gain targeted exposure to various sectors through investments in exchange-traded funds (ETFs). Global exposure includes developed markets, emerging markets, small-capitalization securities, and real estate investment trusts (REITS).
  • Sovereign (Foreign Country) Debt – Generally, exposure to sovereign debt will be through futures on foreign country debt indices. Such investments may be used to increase income or hedge against the Fund’s risks related to global equity exposure.
  • Real Assets
    • Inflation-Protected Securities – Generally, exposure to Inflation-Protected Securities will be through investments in ETFs. These investments will be used as an inflation hedge.
    • Commodities – Generally, investments in commodities will be through investments in ETFs and used as an inflation hedge.

Assets are selected by the Subadvisor for inclusion based on their ability to efficiently diversify the portfolio across asset classes. Investment weights within asset classes are set with the objective of balancing risk. Applying this investment process, the Fund seeks to provide greater capital loss protection during down markets than traditional balanced portfolios, as well as participate in market gains.

Where This Mutual Fund May Fit As Part Of Your Asset Allocation

The FQ Global Essentials Fund may be appropriate for your overall investment allocation if you are searching for:

  • Seeking a global market portfolio to serve as a core position in your portfolio
  • Willing to accept short-term volatility of returns

Fund Facts

FQ Global Essentials Fund (formerly Fremont Global Fund)
Investment Style Global Tactical Allocation
Benchmark(s) 60% MSCI World Index & 40% Citigroup World Government Bond - Hedged; 60% MSCI World Index & 40% Citigroup World Government Bond - Unhedged; S&P 500; 65% MSCI World & 35% Barclays Capital Global Aggregate Bond
Subadvisor(s) First Quadrant, L.P.
Net Assets $79,118,037
  Investor Service Institutional
Ticker MMAVX MMASX MMAFX
Cusip 56171L876 56171L884 561717711
Inception Date 1/01/2010 1/01/2010 11/18/1988
Minimum Investment
(Initial / Subsequent) 		$2,000 /
$100		 $25,000 /
$100		 $100,000 /
$1,000
Minimum IRA Investment
(Initial / Subsequent) 		$1,000 /
$100		 $10,000 /
$100		 $50,000 /
$1,000
Expense Ratio (Gross / Net) 1.72% / 1.54% 1.57% / 1.39% 1.32% / 1.14%
Maximum Sales Charges N/A N/A N/A
12b-1 fees 0.25% N/A N/A

Disclosure

Investors should carefully consider the Fund's investment objectives, risks, charges, and expenses before investing. For this and other information, please call 800.835.3879 or download a free prospectus. Read it carefully before investing or sending money.

The performance shown represents past performance and is not a guarantee of future results. Current performance may be lower or higher than quoted. The investment return and the principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. From time to time the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields on the Fund are net of expenses. Unlike the Fund, the index listed is unmanaged, is not available for investment, and does not incur expenses.

Annual expense ratio as of 03/01/2010. The Fund's Investment Manager has contractually agreed, through March 1, 2011, to limit Fund operating expenses. The net expense ratio reflects this limitation, while the gross expense ratio does not. Please refer to the Fund's prospectus for additional information on the Fund's expenses.

Downloadable Documents
Fund Pricing 07/28/10
Investor
NAV: $11.82
NAV $ Change: $0.02
NAV % Change: 0.17%
YTD Return (as of 06/30/10)
- at NAV
- with Load
Service
NAV: $11.84
NAV $ Change: $0.02
NAV % Change: 0.17%
YTD Return (as of 06/30/10)
- at NAV
- with Load
Institutional
NAV: $11.85
NAV $ Change: $0.02
NAV % Change: 0.17%
YTD Return (as of 06/30/10)
- at NAV 2.46%
- with Load
Other Mutual Funds