Hancock Horizon Diversified International A (HHDAX)
The Hancock Horizon Diversified International mutual fund objective is to provide long-term capital appreciation. This equity mutual fund utilizes its assets to buy equity securities of foreign companies. It may also purchase ADRs, EDRs and GDRs. This HHDAX fund may invest in other investment companies including mutual funds, close-end funds and ETFs.
Fund Profile
- Fund Inception Date: 09/30/2008
- Ticker Symbol: HHDAX
- CUSIP: 41012R779
- Beta (3yr): 1.07
- Rank in category (YTD): 85%
- Category: Foreign Large Blend
- Distribution: 0.50%
- Capital Gains: 0%
- Expense Ratio: 1.75%
- Net Assets: $ 182.71 million
- Number of Years Up: 2 years
- Number of Years Down: 1 year
- Annual Turnover Rate: 3.00%
Hancock Horizon Diversified Intl A |
Morningstar has ranked this stock fund with 5-star rating. This best stock mutual fund has YTD return of 5.10%. The best 1-year total return was achieved in 2009 with 53.88% and the worst 1-year total return was occured in 2011 (-11.88%). Based on the load adjusted return, this fund has returned -13.90% over the past 1-year and 19.96% over the past 3-years. The performance of this fund since its inception is as below:
- Year 2009: 53.88%
- Year 2010: 15.09%
- Year 2011: -11.88%
Best International Stock Mutual Funds
As of December 2011, the top 10 sectors are Financials (26.6%), Energy (16.0%), Health Care (13.2%), Materials (10.9%), Information Technology (9.1%), Industrials (8.5%), Consumer Discretionary (5.7%), ETFs (5.0%), Consumer Staples (2.6%) and Telecommunication Services (2.4%). The top 10 holdings are ARM Holdings (4.5%), Core Labs NV (4.0%), Shire PLC (3.9%), Shoeller-Bleckmann Oilfield (3.6%), BHP Biliton Limited (2.6%), Rio Tinto PLC (2.6%), Diageo (2.5%), Weichai Power Company Ltd (2.4%), SECOM (2.4$) and Getinge AB (2.3%).
Pros & Cons
The advantages of investing in this stock fund are:
- Has highest rating from Morningstar
- Has consistently outperformed its peers for the past 4 years
- High expense ratio fee
- Has a sales load
- Doesn’t have complete long term performance (5 years and above)
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