Seeking value throughout worldwide developed and emerging markets

Investment Objective

The Fund’s investment objective is to seek long-term growth of capital.

Investment Process

The Fund invests at least 80% of its total assets in equity securities of companies in the U.S and in developed and emerging countries outside the U.S. The Fund will typically hold between 25 and 35 investments. Equity securities include common stock, preferred and preference stock, depositary receipts and other similar securities.

YTD Return*
+9.66%
Nav*
$11.13
Inception
December 15, 2020
Cusip
14951G203
Benchmark
MSCI ACWI
Minimum Investment
$5,000
Sales Charge
None
Net Expense Ratio
1.10%
Gross Expense Ratio
1.95%
*As of April 13, 2021
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Contact Us

Research overview

Portfolio managers Joe Gubler and Steve Nguyen discuss fundamental and quantitative research at Causeway.

Portfolio managers

Fundamental Portfolio Manager
Fundamental Portfolio Manager
President
Head of Fundamental Research
Fundamental Portfolio Manager
Chief Executive Officer
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Fundamental Portfolio Manager
Quantitative Portfolio Manager

Performance

QTD YTD Since inception
Fund 6.6%6.6%8.3%
MSCI ACWI 6.4%6.4%8.0%
QTD YTD Since inception
Fund 6.6%6.6%8.3%
MSCI ACWI 6.4%6.4%8.0%
Since inception
Fund 8.3%
MSCI ACWI 8.0%
Since inception
Fund 8.3%
MSCI ACWI 8.0%
2020
Fund N/A
MSCI ACWI N/A
Fund
MSCI ACWI
2020
N/A
N/A

Portfolio (as of February 28, 2021)

Benchmark: MSCI ACWI
Asset Allocation
Fund
Stocks 97.5%
Cash 2.5%
Fund Characteristics
Fund Benchmark
No. of holdings 2963
Weighted avg. market cap (US $MM) $0 $262,058
FY2 price/earnings 0.0 17.4
Price/book value 0.0 2.8
Net assets $1,169,430 -
TOP 10 HOLDINGS
Security Country Percent
Alphabet, Inc. United States 5.2%
Ashland Global Holdings, Inc. United States 5.1%
Fiserv, Inc. United States 4.8%
AXA SA France 4.7%
Sanofi France 4.6%
Oracle Corp. United States 4.3%
Exelon Corp. United States 4.2%
Roche Holding AG Switzerland 3.9%
Sabre Corp. United States 3.7%
Novartis AG Switzerland 3.6%

A “weighted average” measures a characteristic by the market capitalization of each stock. Price/book ratio is the weighted average of the price/book ratios of all the stocks in a portfolio. The P/B ratio of a company is calculated by dividing the market price of its stock by the company’s per-share book value. The price/earnings ratio is the weighted average of the price/earnings ratios of the stocks in a portfolio. The FY2 P/E ratio is a forward P/E ratio using a next-twenty-four months EPS estimate in the denominator.

Holdings are subject to change.

SECTOR WEIGHTS
Sector Fund Benchmark
Information Technology 21.3% 21.8%
Financials 20.2% 14.1%
Health Care 20.1% 11.4%
Utilities 9.4% 2.7%
Industrials 7.9% 9.7%
Materials 7.5% 5.0%
Communication Services 5.2% 9.6%
Consumer Discretionary 3.0% 12.9%
Consumer Staples 2.8% 6.8%
Energy 0.0% 3.4%
Real Estate 0.0% 2.6%
TOP 10 COUNTRIES
Country Fund Benchmark
United States 49.9% 57.2%
France 12.1% 2.9%
Switzerland 10.3% 2.4%
Netherlands 5.8% 1.1%
Germany 5.3% 2.5%
Spain 3.1% 0.6%
United Kingdom 3.0% 3.8%
South Korea 2.9% 1.8%
Italy 2.6% 0.7%
Japan 2.4% 6.7%
Regional Allocation
  • North America 49.9%
  • Europe – other 42.3%
  • Emerging Asia 2.9%
  • Pacific 2.4%

Distributions

Dividends Short-term capital gains Long-term capital gains
2020 $0.0000 $0.0000 $0.0000

Distributions are per share. Distribution amounts are based on gains and losses realized and income earned by the Fund through October 31 (or earlier under certain circumstances).

Documents

Fund information:

Forms: