TimesSquare International Small Cap Fund  (TCMIX)

Fund Overview

Fund Overview

Share Class

Z

Morningstar | Style Box

V B G L M S

NAV | as of 08/13/2018

$16.29
-$0.04 (-0.24%)

Overall Morningstar Rating



Rated against 108 Foreign Small/Mid Growth funds as of 07/31/2018

View Morningstar Details

Quarterly Performance (%) |
vs. Benchmark as of 06/30/2018

Fund Inception 01/02/2013

YTD 1YR 3YR 5YR 10YR INCEP.
TCMIX -0.06 12.19 12.46 13.31 - 13.34
MSCI EAFE Small Cap Index -1.33 12.45 10.09 11.32 6.81 11.05
View Monthly & Quarterly Performance Details

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 60 days or less; otherwise, total returns would be reduced.

Expense Ratios

  • Gross Expense Ratio: 0.99%
  • Net Expense Ratio: 0.99%
  • Expense Cap Expiration Date: N/A

Read Important Investment Disclosures

Objective

Seeks to provide long-term capital appreciation by primarily investing in international small cap companies.

Why Consider

  • May be appropriate for investors looking to gain exposure to non-U.S. small cap companies
  • TimesSquare leverages its wealth of experience investing in international small cap companies, relying on bottom-up research to identify growth businesses with exceptional management, distinct, sustainable competitive advantages and consistent growth
Magnus S. Larsson

Magnus S. Larsson

Director, Portfolio Manager | International Equity Investment Team

See Our Approach Read Bio
Robert B. Madsen, CFA

Robert B. Madsen, CFA

Senior Vice President, Senior Research Analyst, Portfolio Manager | International Equity Investment Team

See Our Approach Read Bio

Performance

Performance

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Returns & Distributions

As of 06/30/2018

    • Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains
      Dec 27, 2017 $0.151300 $0.081100 $0.057900 $0.012300
      Dec 27, 2016 $0.241800 $0.079500 $0.011200 $0.151100
      Dec 28, 2015 $0.637900 $0.189600 $0.413600 $0.034700
      Dec 26, 2014 $0.419300 $0.144300 $0.081600 $0.193400
      Dec 26, 2013 $0.488000 $0.393500 $0.094500

Growth of $10,000 (Hypothetical)

Since Inception 01/02/2013 to 07/31/2018 = $19,620.30

  • 3YR
  • 5YR
  • 10YR
  • INCEP.
INCEP.
  • 3YR
  • 5YR
  • 10YR
  • INCEP.

The performance data shown represents past performance. Past performance is not a guarantee of future results. Current performance may be lower or higher than the performance data quoted. The investment return and the principal value of an investment will fluctuate so that an investor's shares, when redeemed, may be worth more or less than their original cost. For performance information through the most recent month end please call 800.835.3879 or visit our website at amgfunds.com. From time to time, the advisor has waived fees or reimbursed expenses, which may have resulted in higher returns. The listed returns and yields of the Fund are net of expenses, and the returns and yields of the indices exclude expenses. For time periods where the fund inception date preceded the benchmark, the benchmark data will not be shown. Performance Data shown does not reflect the 2.00% redemption fee imposed on the shares held 60 days or less; otherwise, total returns would be reduced.

Top Holdings (Equity)

As of: 06/30/2018

Horiba Ltd 3.37%
Altran Technologies SA 2.88%
Sugi Holdings Co Ltd 2.81%
Amplifon SpA 2.63%
Modern Times Group MTG AB 2.62%
en-japan Inc 2.51%
Izumi Co Ltd 2.41%
Electrocomponents PLC 2.26%
Prosegur Cia de Seguridad SA 2.24%
RPC Group PLC 2.20%
% in Top 10 Holdings 25.93%
View Holding Details Read Important Investment Disclosures

MPT Stats

As of: 07/31/2018

View All Characteristics & Stats

Regional Allocation

As of: 06/30/2018

Investment Approach

Investment Approach

TimesSquare International Small Cap Fund

The Fund seeks to outperform the MSCI EAFE Small Cap Index over a full market cycle. TimesSquare's international investment team uses a bottom up, fundamental research-intensive approach to identify international small cap stocks with the greatest potential to achieve price appreciation over a 12- to 18-month horizon. The Fund invests in companies with market capitalizations less than $5 billion at time of purchase.

Barron's Profile: A Top Global Small-Cap Investor's Stock Picks

Barron's Profile of Magnus Larsson, portfolio manager of TimesSquare International Small Cap Fund: "... highflying market darlings can crash. But Larsson has managed to limit downside risk."
Read Full Perspective

International Small Cap Investing with TimesSquare Capital Management

Portfolio manager Magnus S. Larsson discusses the opportunity in international small cap and TimesSquare’s approach to investing in this inefficient space.
Watch Video More About TimesSquare Capital Management

About

About TimesSquare Capital Management

Background

TimesSquare is a growth equity specialist. They are a trusted partner to institutional investors globally, providing mutual fund and separate account management. Reliance on in-depth, research-driven strategies has historically produced strong results across products and market cycles.

Learn More

More Funds From TimesSquare Capital Management

TQEIX

TimesSquare Emerging Markets Small Cap Fund

Seeks to provide long-term capital appreciation by investing primarily in small cap companies in emerging markets.

View Fund Details

TMDIX

TimesSquare Mid Cap Growth Fund

Seeks to provide long-term capital appreciation by investing primarily in mid cap companies.

View Fund Details

TSCIX

TimesSquare Small Cap Growth Fund

Seeks to provide long-term capital appreciation by primarily investing in small cap companies.

View Fund Details

TSYNX

TimesSquare Global Small Cap Fund

Seeks to provide long-term capital appreciation by primarily investing in small cap companies around the globe.

View Fund Details

Founded

2004


Headquarters

New York, NY


Affiliate Since

2004


AUM

$18.1B

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