FMI International Fund (FMIJX) Profile
This FMI International Fund objective is to provide capital appreciation. The fund manager will invest mainly in a limited number of large capitalization (namely, companies with more than $5 billion market capitalization at the time of initial purchase) value stocks of foreign companies (also referred to as non-U.S. companies).This FMI fund typically invests at least 65% of its total assets in the equity securities of non-U.S. companies. The majority of the fund's investments will be in companies that have global operations rather than in companies whose business is limited to a particular country or geographic region. The fund is non-diversified.
FMIJX Fund Details
- Fund Inception Date: December 2010
- Ticker Symbol: FMIJX
- CUSIP: 302933304
- Fund Manager: FMI Funds Inc
- Net Assets: $7.9 Billion
- Beta (3yr): 0.47
- Category: Foreign Large Blend
- Yield: 2.81%
- Expense Fee: 0.94%
- Min to Invest: $2,500
- Capital Gains: N/A
- Number of Years Up: 5 years
- Number of Years Down: 1 years
- Turnover rate: 16%
As part of no load fund, there is no 12b1 fee as well as no sales-load fee charged for the investor of this fund. The FMIJX fund has a below average annual expense ratio of 0.94% and the average annual expense ratio for the foreign large-blend category is 1.09%. The current yield is 2.81%. This fund has been managed by lead manager, Patrick J. English.
FMI International Fund (FMIJX) Performance
You can find the FMI International Fund (FMIJX) performance for the past years:- Year 2017: 7.76% (YTD)
- Year 2016: 10.00%
- Year 2015: 3.22%
- Year 2014: 4.62%
- Year 2013: 24.65%
How to Buy
You can start investing in this fund with as little as $2,500. Several brokerages where you can buy include Raymond James, Schwab All (Retail, Instl, Retirement), Morgan Stanley, Fidelity Investment, etc.Note: This FMI International Fund (FMIJX) is part of Kiplinger's Best Mutual Funds, Kip 25.
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