FMI International Fund (FMIJX)

By
FMI International Fund (FMIJX) is one of the best stock mutual funds. This mutual fund has delivered consistent performance. This equity mutual fund is popular among investors.

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

    FMI International Fund (FMIJX)
  • 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%
Updated on June 2017

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.

0 comments:

Post a Comment