Scout International Fund (UMBWX)

Scout International Fund (MBWX) is a foreign large growth mutual fund. It focuses its investment on non-U.S. companies’ stocks.

Scout International Fund (Ticker: UMBWX)

The investment aim of Scout International Fund is to provide long-term capital growth and income. The fund utilizes its assets to purchase a diversified portfolio of established non-U.S. companies’ equities. It may invest in investments in developing countries or emerging markets. The current shares price is $31.90 (9/26/2012).

Fund Details

• Fund Inception Date: September 13, 1993
• Ticker Symbol: UMBWX
• CUSIP: 81063U503
• Beta (3yr): 0.96
• Rank in category (YTD): 31%
• Category: Foreign Large Growth
• Distribution: 1.52%
• Capital Gains: 0%
• Expense Ratio: 0.99%
• Net Assets: $ 7.87 billion
• Number of Years Up: 13 years
• Number of Years Down: 5 years
• Annual Turnover Rate: 20%

Updated on 10/01/2012

Since its inception in September 1993, this foreign large growth fund has been managed by James L. Moffett. He is the Chief International Strategist of Scout Investment Advisors Inc. Its total net assets are $7.87 billion. The fund’s dividend yield is 1.52%. It also has 0.99% expense ratio.

Morningstar rated this fund with 4-stars and Gold rating. The fund’s YTD return is 9.89%. The 5-year annualized return is -0.64%. This fund has recorded 13 years of positive return with its best 1-year total return in 2009 with 35.54%. The fund has recorded in 5 years of negative return. Based on the load adjusted returns, this fund has returned 6.42% over the past 3-year and 9.17% over the past 10-year.

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Investors who are interested in investing in this fund, can buy the mutual fund with minimum initial investment of $1,000. The minimum next purchase needed for either brokerage or retirement account is $100. It is available for purchase through 96 brokerages. The brokerages include T Rowe Price, Vanguard NTF, JP Morgan, Royal Alliance, Raymond James, Schwab Retail, E Trade Financial, Ameriprise Brokerage, etc. The benchmarks of this fund are MSCI EAFE Index and Lipper International Large-Cap Growth Funds Index.

The top 10 equity holdings out of a total 98 holdings as of June 2012 are Vodafone Group PLC (1.8%), Enbridge Inc (1.7%), Inditex SA (1.6%), FANUC Corp (1.5%), Sampo Oyj (1.5%), Toronto-Dominion Bank (1.5%), Bayer A.G. (1.5%), Japan Tobacco Inc (1.5%), Komatsu Ltd (1.5%) and LVMH Moet Hennesy Louis Vuitton SA (1.4%).

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According to the fund’s website, principal investing risks are Market Risk, International Investing Risk, Management Risks, etc.

Disclosure: No Position