Fund Overview Fund Overview Share Class I N I NAV | as of 12/06/2023 $14.42 -$0.03 (-0.21%) Morningstar | Style Box V B G L M S Morningstar Analyst Rating as of 4/11/2022 Download Analyst Rating Report Growth of $10,000 (Hypothetical) Since Inception 10/01/2011 to 11/30/2023 = $25,269.79 From: To: 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 800.548.4539. 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. View Performance Read Important Investment Disclosures Objective The Fund seeks to provide long-term capital appreciation Why Consider The Fund may be appropriate for investors looking to gain exposure to companies in Greater China Invests in a focused portfolio of Chinese companies identified through a combination of top-down thematic drivers and bottom-up fundamental research Real return approach focused on protecting and growing capital Documents Factsheet Commentary Summary Prospectus Prospectus 2023 Distributions Estimates View All Documents Ezra Sun FUND MANAGER AND HEAD OF ASIA See Our Approach Read Bio Xiaoyu Liu CO-PORTFOLIO MANAGER OF CHINA FUND See Our Approach Read Bio Investment Style Veritas China Fund has an Equity Income Objective, seeking to achieve income and capital appreciation. Large Mid Small Value Blend Growth Equity Objective Veritas China Fund is categorized as Large-Growth. It invests in large-cap companies with high risk. Morningstar Ratings Risk-adjusted returns as of 10/31/2023 Overall Rating — 3 Years — 5 Years — 10 Years — Category China Region Read Important Investment Disclosures Ezra Sun FUND MANAGER AND HEAD OF ASIA Ezra Sun is a Fund Manager of the Veritas Asian strategies and joined the Partnership in 2004. Prior to joining Veritas Asset Management, Ezra was the Director of Investment Management and Investment Leader at Asia Newton Investment Management 1995 to 2004. In charge of Newton’s Asia Pacific fund range including Newton Oriental Fund and Mellon Asia Equity Fund. Education: BA, (Nankai University, China), BA (Nankai University, China), MA Research Student Cambridge University. Xiaoyu Liu CO-PORTFOLIO MANAGER OF CHINA FUND Xiaoyu Liu is an Asian Analyst and Co-Manager for the Veritas China strategy at Veritas. She joined Veritas in August 2022. Previously, Ms. Liu was a Fund Manager at Aviva Investors from 2014 to 2022, in charge of the Aviva Investors Asia Income Fund and a range of other Asia Pacific funds for their life client, and an equity analyst at JPMorgan Asset Management from 2007 to 2014 focusing on Asian Equities. Performance Performance Read Important Investment Disclosures Returns Trailing Returns Trailing Returns Monthly Quarterly Calendar Year Returns 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 800.548.4539. 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. Returns for periods less than one year are not annualized. Expense Ratios Gross Expense Ratio: 1.12% Net Expense Ratio: 0.94% Expense Cap Expiration Date: 03/01/2024 Distributions & Pricing Distributions Distributions Chart List Historical Pricing Calendar Year Distributions Ex-Date Total Distribution Income Short-term Cap Gains Long-term Cap Gains May 27, 2021 $26.454300 — $8.934100 $17.520200 Dec 16, 2020 $2.211200 $0.110100 — $2.101100 Dec 16, 2019 $3.685500 — — $3.685500 Dec 27, 2018 $8.653300 — $1.436100 $7.217200 Dec 27, 2017 $5.711400 — $1.231000 $4.480400 Dec 27, 2016 $0.146000 — — $0.146000 Dec 28, 2015 $4.596500 $0.044800 $0.780700 $3.771000 Dec 26, 2014 $5.339300 — $0.804500 $4.534800 Dec 26, 2013 $6.820500 — $3.237100 $3.583400 Dec 26, 2012 $3.029000 $0.174200 — $2.854800 Dec 27, 2011 $2.659400 — — $2.659400 From: To: Risk & Return Stats As of: 11/30/2023 3YR 5YR 10YR Alpha Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a security or mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the security or fund relative to the return of the benchmark index is a fund's alpha. 0.69 0.50 2.68 Standard Deviation Standard Deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of variance. 25.53 27.37 22.37 Sharpe Ratio Sharpe Ratio is a risk-adjusted measure developed by William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. First, the average monthly return of the 90-day Treasury bill (over a 36-month period) is subtracted from the portfolio's average monthly return. The difference in total return represents the portfolio's excess return beyond that of the 90-day Treasury bill, a risk-free investment. An arithmetic annualized excess return is then calculated by multiplying this monthly return by 12. To show a relationship between excess return and risk, this number is then divided by the standard deviation of the portfolio's annualized excess returns. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. -0.57 -0.19 0.04 Upside Capture Ratio (%) Upside Capture Ratio (%) is a measure of a manager's performance in up markets relative to a particular benchmark. An up market is one in which the market's quarterly (or monthly) return is greater than or equal to zero. For example, a ratio of 50% means that the portfolio's value increased half as much as its benchmark index during up markets. 70.67 72.13 32.38 Downside Capture Ratio (%) Downside Capture Ratio (%) measures a manager's performance in down markets relative to a particular benchmark. A down market is one in which the market's quarterly (or monthly) return is less than zero. For example, a ratio of 50% means that the portfolio's value fell half as much as its benchmark index during down markets. 86.66 94.21 88.53 Beta Beta measures the relationship between the portfolio's excess return over T-bills (representing a risk-free rate) relative to the excess return of the portfolio's benchmark. A low beta does not imply that the portfolio has a low level of volatility; rather, a low beta means that the portfolio's market-related risk is low. Beta is often referred to as systematic risk. 0.73 0.79 0.60 R-Squared R-Squared ranges from 0 to 100 and reflects the percentage of a portfolio's movements that are explained by movements in its benchmark index. A portfolio with an R-squared of 100 means that all movement is completely explained by benchmark index movement. Thus, a portfolio that invests only in S&P 500 stocks will have an R-squared very close to 100. Conversely, a low R-squared indicates that very little of the portfolio's movement is explained by benchmark movement. An R-squared measure of 35, for example, means that movements in its benchmark index can explain only 35% of the portfolio's movements. R-squared is used to ascertain the significance of a particular beta or alpha and generally a higher R-squared will indicate more useful alpha and beta figures. 71.13 58.82 40.04 Tracking Error (%) Tracking Error (%) , which is often referred to as the active risk of the portfolio, measures how closely a manager's returns track the returns of a benchmark index. Specifically, tracking error measures the standard deviation of the excess returns a portfolio generates compared to its benchmark. This gives an indication of the volatility of a portfolio versus its benchmark. If a manager tracks a benchmark closely, then tracking error will be low. If a manager tracks a benchmark perfectly, then tracking error will be zero. 15.77 18.40 19.66 View All Characteristics & Stats All Characteristics & Stats Veritas China Fund (MIMFX) Portfolio Characteristics (Equity) Risk & Return Market Cap Valuation Characteristics Growth Characteristics Fund Holdings Fund MSCI China Index Fund Assets (Mil.$) $56 Number of Holdings 24 765 Weighted Avg. Market Cap (Mil.$) $119,049 $113,097 Median Market Cap (Mil.$) $44,224 $5,656 Weighted Avg. P/E (1-yr Forward EPS) 18.56 10.13 Weighted Avg. P/E (Trailing EPS) 22.87 10.79 PEG Ratio 1.17 0.87 Weighted Avg. P/B 3.47 1.30 EPS Growth (Trailing 3-yr %) 8.64% 11.14% EPS Growth (Trailing 5-yr %) 10.13% 14.17% Forward EPS Growth (1-yr %) 20.27% 12.21% Forward EPS Growth (Long Term %) 13.61% 13.09% Revenue Growth (Trailing 5-yr %) 13.64% 17.83% Return on Equity 15.74% 12.84% Weighted Avg. Dividend Yield 1.49% 2.58% Debt to Equity 38.45 72.08 Trailing 12-Months Portfolio Turnover 81.47% As of: 09/30/2023 Risk & Return 3 Years 5 Years 10 Years Alpha Alpha is a measure of performance on a risk-adjusted basis. Alpha takes the volatility (price risk) of a security or mutual fund and compares its risk-adjusted performance to a benchmark index. The excess return of the security or fund relative to the return of the benchmark index is a fund's alpha. 0.69 0.50 2.68 Standard Deviation Standard Deviation is a measure of the dispersion of a set of data from its mean. The more spread apart the data, the higher the deviation. Standard deviation is calculated as the square root of variance. 25.53 27.37 22.37 Sharpe Ratio Sharpe Ratio is a risk-adjusted measure developed by William Sharpe. It is calculated using standard deviation and excess return to determine reward per unit of risk. First, the average monthly return of the 90-day Treasury bill (over a 36-month period) is subtracted from the portfolio's average monthly return. The difference in total return represents the portfolio's excess return beyond that of the 90-day Treasury bill, a risk-free investment. An arithmetic annualized excess return is then calculated by multiplying this monthly return by 12. To show a relationship between excess return and risk, this number is then divided by the standard deviation of the portfolio's annualized excess returns. The higher the Sharpe ratio, the better the portfolio's historical risk-adjusted performance. -0.57 -0.19 0.04 Upside Capture Ratio (%) Upside Capture Ratio (%) is a measure of a manager's performance in up markets relative to a particular benchmark. An up market is one in which the market's quarterly (or monthly) return is greater than or equal to zero. For example, a ratio of 50% means that the portfolio's value increased half as much as its benchmark index during up markets. 70.67 72.13 32.38 Downside Capture Ratio (%) Downside Capture Ratio (%) measures a manager's performance in down markets relative to a particular benchmark. A down market is one in which the market's quarterly (or monthly) return is less than zero. For example, a ratio of 50% means that the portfolio's value fell half as much as its benchmark index during down markets. 86.66 94.21 88.53 Beta Beta measures the relationship between the portfolio's excess return over T-bills (representing a risk-free rate) relative to the excess return of the portfolio's benchmark. A low beta does not imply that the portfolio has a low level of volatility; rather, a low beta means that the portfolio's market-related risk is low. Beta is often referred to as systematic risk. 0.73 0.79 0.60 R-Squared R-Squared ranges from 0 to 100 and reflects the percentage of a portfolio's movements that are explained by movements in its benchmark index. A portfolio with an R-squared of 100 means that all movement is completely explained by benchmark index movement. Thus, a portfolio that invests only in S&P 500 stocks will have an R-squared very close to 100. Conversely, a low R-squared indicates that very little of the portfolio's movement is explained by benchmark movement. An R-squared measure of 35, for example, means that movements in its benchmark index can explain only 35% of the portfolio's movements. R-squared is used to ascertain the significance of a particular beta or alpha and generally a higher R-squared will indicate more useful alpha and beta figures. 71.13 58.82 40.04 Tracking Error (%) Tracking Error (%) , which is often referred to as the active risk of the portfolio, measures how closely a manager's returns track the returns of a benchmark index. Specifically, tracking error measures the standard deviation of the excess returns a portfolio generates compared to its benchmark. This gives an indication of the volatility of a portfolio versus its benchmark. If a manager tracks a benchmark closely, then tracking error will be low. If a manager tracks a benchmark perfectly, then tracking error will be zero. 15.77 18.40 19.66 Information Ratio Information Ratio s a ratio of portfolio returns above the returns of a benchmark (usually an index) to the volatility of those returns. The information ratio (IR) measures a portfolio manager's ability to generate excess returns relative to a benchmark, but also attempts to identify the consistency of the investor. This ratio will identify if a manager has beaten the benchmark by a lot in a few months or a little every month. The higher the IR, the more consistent a manager is, and consistency is an ideal trait. 0.30 0.01 0.07 Treynor Ratio (%) Treynor Ratio (%) , which was developed by Jack Treynor, measures reward per unit of beta risk. It measures returns earned in excess of that which could have been earned on a less risk investment per each unit of market risk. The Treynor Ratio relates the difference between the portfolio return and the risk-free rate to the portfolio beta for a given time period. -19.64 -6.61 1.66 Max Drawdown Max Drawdown is the maximum loss from a peak to a trough of a portfolio, before a new peak is attained. Maximum Drawdown is an indicator of downside risk over a specified time period. -49.32 -49.32 -49.32 As of: 11/30/2023 Market Cap Fund MSCI China Index Market Cap ($mm) 0 - 1,000 0.00% 0.07% Market Cap ($mm) 1,000 - 1,500 0.00% 0.26% Market Cap ($mm) 1,500 - 2,500 0.00% 1.99% Market Cap ($mm) 2,500 - 5,000 7.91% 7.33% Market Cap ($mm) 5,000 - 10,000 3.27% 8.90% Market Cap ($mm) 10,000 - 25,000 21.17% 19.36% Market Cap ($mm) 25,000 - 50,000 18.08% 13.44% Market Cap ($mm) 50,000 - 100,000 17.49% 10.26% Market Cap ($mm) 100,000 - 200,000 2.57% 13.15% Market Cap ($mm) 200,000 - 29.50% 25.24% Market Cap – NA 0.00% 0.00% As of: 09/30/2023 Valuation Characteristics Fund MSCI China Index P/E 0-10 2.05% 25.51% P/E 10-15 11.99% 19.83% P/E 15-20 13.47% 17.06% P/E 20-25 9.63% 9.81% P/E 25-Above 54.38% 22.03% P/E – NA 8.49% 5.76% As of: 09/30/2023 Growth Characteristics Fund MSCI China Index EPS Growth (Trailing 3-yr %) - Negative 15.83% 25.73% EPS Growth (Trailing 3-yr %) 0 - 5 17.43% 5.39% EPS Growth (Trailing 3-yr %) 5 - 10 3.18% 6.17% EPS Growth (Trailing 3-yr %) 10 - 15 3.87% 7.10% EPS Growth (Trailing 3-yr %) 15 - 20 14.27% 8.94% EPS Growth (Trailing 3-yr %) Above 20 29.37% 35.52% EPS Growth (Trailing 3-yr %) - NA 16.05% 11.16% As of: 09/30/2023 Read Important Investment Disclosures Portfolio & Holdings Portfolio & Holdings Top Holdings (Equity) As of: 09/30/2023 Kweichow Moutai Co Ltd, Class A 10.32% Alibaba Group Holding Ltd 9.98% Tencent Holdings Ltd 8.45% Hong Kong Exchanges & Clearing Ltd 8.35% Yum China Holdings Inc [HKG] 5.18% H World Group Ltd ADR 4.88% MGM China Holdings Ltd 4.63% Meituan, Class B 144A 4.49% NARI Technology Co Ltd 3.78% Wuliangye Yibin Co Ltd, Class A 3.71% % in Top 10 Holdings 63.76% View Holding Details Holding Details Veritas China Fund (MIMFX) Top 10 Holdings (Equity) All Holdings 10 Best Performing Stocks 10 Worst Performing Stocks Fund Holdings 09/30/2023 Kweichow Moutai Co Ltd, Class A 10.32% Alibaba Group Holding Ltd 9.98% Tencent Holdings Ltd 8.45% Hong Kong Exchanges & Clearing Ltd 8.35% Yum China Holdings Inc [HKG] 5.18% H World Group Ltd ADR 4.88% MGM China Holdings Ltd 4.63% Meituan, Class B 144A 4.49% NARI Technology Co Ltd 3.78% Wuliangye Yibin Co Ltd, Class A 3.71% % in Top 10 Holdings 63.76% As of: 09/30/2023 Download All Holdings (PDF) As of: 10/31/2023 Ticker Name Sector Asset Class Country Currency Par/Shares Price ($) Market Value ($) % of Fund 600519 Kweichow Moutai Co Ltd, Class A Consumer Staples S CN CNY 23,400 230.30 $5,389,111 9.30% 9988 Alibaba Group Holding Ltd Consumer Discretionary S CN HKD 517,500 10.30 $5,327,703 9.19% 700 Tencent Holdings Ltd Communication Services S CN HKD 122,600 37.01 $4,537,274 7.83% 388 Hong Kong Exchanges & Clearing Ltd Financials S HK HKD 126,500 34.98 $4,425,306 7.64% 9987 Yum China Holdings Inc [HKG] Consumer Discretionary S CN HKD 52,000 52.40 $2,724,907 4.70% HTHT H World Group Ltd ADR Consumer Discretionary S CN USD 69,600 37.66 $2,621,136 4.52% 2282 MGM China Holdings Ltd Consumer Discretionary S MO HKD 2,000,000 1.24 $2,489,165 4.30% 3690 Meituan, Class B 144A Consumer Discretionary S CN HKD 174,380 14.18 $2,471,839 4.27% 1299 AIA Group Ltd Financials S HK HKD 253,900 8.68 $2,204,819 3.80% 600406 NARI Technology Co Ltd Industrials S CN CNY 699,171 3.09 $2,158,708 3.73% 000858 Wuliangye Yibin Co Ltd, Class A Consumer Staples S CN CNY 96,800 21.32 $2,063,431 3.56% 000568 Luzhou Laojiao Co Ltd, Class A Consumer Staples S CN CNY 64,135 29.29 $1,878,458 3.24% 9999 NetEase Inc Communication Services S CN HKD 86,000 21.40 $1,840,533 3.18% 1928 Sands China Ltd Consumer Discretionary S MO HKD 670,000 2.69 $1,803,673 3.11% 1929 Chow Tai Fook Jewellery Group Ltd Consumer Discretionary S HK HKD 1,200,000 1.41 $1,694,549 2.92% PDD PDD Holdings Inc ADR Consumer Discretionary S CN USD 14,400 101.42 $1,460,448 2.52% 300760 Shenzhen Mindray Bio-Medical Electronics Co Ltd Health Care S CN CNY 32,600 39.08 $1,274,167 2.20% 6078 Hygeia Healthcare Holdings Co Ltd 144A Health Care S CN HKD 200,000 6.04 $1,207,614 2.08% 002594 BYD Co Ltd Consumer Discretionary S CN CNY 36,000 32.63 $1,174,661 2.03% 2601 China Pacific Insurance Group Co Ltd Financials S CN HKD 450,000 2.46 $1,108,517 1.91% 603605 Proya Cosmetics Co Ltd Consumer Staples S CN CNY 70,000 14.20 $993,907 1.72% 9618 JD.Com Inc, Class A Consumer Discretionary S CN HKD 66,533 12.71 $845,845 1.46% 2688 ENN Energy Holdings Ltd Utilities S CN HKD 99,400 7.58 $752,970 1.30% 300012 Centre Testing International Group Co Ltd Industrials S CN CNY 240,700 2.07 $498,020 0.86% Cash & Equivalents Cash C US USD - - $5,001,516 8.63% Download Fund Commentary (PDF) Fund Holdings Sort order Avg. Weight Total Return PDD Holdings Inc ADR 1 2.05% 41.84% Kweichow Moutai Co Ltd, Class A 2 9.65% 6.20% MGM China Holdings Ltd 3 4.24% 12.10% Alibaba Group Holding Ltd 4 9.77% 5.48% NetEase Inc 5 2.93% 5.08% Luzhou Laojiao Co Ltd, Class A 6 3.35% 4.94% H World Group Ltd ADR 7 4.85% 1.68% Yum China Holdings Inc [HKG] 8 4.83% -0.97% Hong Kong Exchanges & Clearing Ltd 9 8.03% 0.63% Hygeia Healthcare Holdings Co Ltd 144A 10 1.40% -3.34% As of: 09/30/2023 The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Fund’s return during the specified quarter. Download Fund Commentary (PDF) Fund Holdings Sort order Avg. Weight Total Return AIA Group Ltd 20 3.87% -18.72% ENN Energy Holdings Ltd 19 1.63% -33.36% Tencent Holdings Ltd 18 8.53% -7.60% Sands China Ltd 17 4.79% -10.06% Shenzhen Mindray Bio-Medical Electronics Co Ltd 16 4.11% -10.14% Meituan, Class B 144A 15 4.77% -6.24% Chow Tai Fook Jewellery Group Ltd 14 3.14% -9.59% JD.Com Inc, Class A 13 1.91% -13.01% Proya Cosmetics Co Ltd 12 1.73% -10.03% Wuliangye Yibin Co Ltd, Class A 11 3.68% -4.71% As of: 09/30/2023 The 10 Best and Worst Performing Stocks are determined based on the stock's contribution to the Fund’s return during the specified quarter. Read Important Investment Disclosures Read Important Investment Disclosures Regional Allocation As of: 09/30/2023 View Allocation Details Allocation Details Veritas China Fund (MIMFX) Sector Allocation (Equity) Investment Allocation Country Allocation Regional Allocation Top 10 Industries Sector Sort Order Fund MSCI China Index Consumer Discretionary 42.30% 30.48% Consumer Staples 19.18% 5.51% Financials 13.99% 15.75% Communication Services 11.52% 20.08% Industrials 4.88% 5.24% Health Care 4.14% 5.58% Cash & Other 2.53% 0.00% Utilities 1.46% 2.30% Energy 0.00% 3.15% Information Technology 0.00% 5.76% Materials 0.00% 3.33% Real Estate 0.00% 2.84% As of: 09/30/2023 Investment Allocation 09/30/2023 Stocks 97.47% Bonds 0.00% Cash and Other 2.53% As of: 09/30/2023 Country Fund MSCI China Index China 74.02% 100.00% Hong Kong 15.20% 0.00% Macau 8.25% 0.00% % in Top 3 Countries 97.47% 100% As of: 09/30/2023 Region Fund MSCI China Index Developed 15.20% 0.00% Europe & Middle East 0.00% 0.00% North America 0.00% 0.00% Pacific 15.20% 0.00% Emerging 74.02% 100.00% Asia 74.02% 100.00% Latin America 0.00% 0.00% Europe & Middle East 0.00% 0.00% Africa 0.00% 0.00% Frontier 0.00% 0.00% Africa 0.00% 0.00% Asia 0.00% 0.00% Europe 0.00% 0.00% Latin America 0.00% 0.00% Middle East 0.00% 0.00% Cash & Other 10.78% 0.00% As of: 09/30/2023 Industry Fund MSCI China Index Hotels, Restaurants & Leisure 18.31% 6.95% Beverages 17.44% 3.12% Broadline Retail 14.21% 14.36% Interactive Media & Services 8.45% 16.72% Capital Markets 8.35% 1.70% Insurance 5.64% 4.19% Electrical Equipment 3.78% 0.94% Specialty Retail 3.20% 0.59% Entertainment 3.07% 2.91% Health Care Equipment & Supplies 2.15% 0.39% % in Top 10 Industries 84.6% 51.87% As of: 09/30/2023 Read Important Investment Disclosures Investment Approach Investment Approach Veritas China Fund Veritas combines top-down analysis, focused on identifying long term themes and trends, with bottom-up fundamental company research that seeks to identify companies within those identified themes and trends that it believes have sound business models, strong management and disciplined financial controls. Veritas seeks to focus on quality companies in sectors that the Subadviser believes show long term structural growth potential with emphasis on industry leaders or emerging leaders with durable competitiveness. Veritas Asia Pacific Fund and China Fund Introduction An introduction to Veritas Asset Management, the AMG Veritas Asia Pacific Fund and the AMG Veritas China Fund View Webcast About About Veritas Asset Management Background Founded in 2003, Veritas Asset Management is a leading Global and Asian equities manager. The firm manages both funds and segregated portfolios for institutional and retail investors globally. The focus is on identifying good quality, sustainable businesses and remaining patient to buy into these companies at the right entry point in order to achieve long-term real returns. Learn More More Products From Veritas Asset Management MGSEX Veritas Asia Pacific Fund By focusing on long term real returns, the fund aims to deliver capital appreciation and to outperform the MSCI Asia ex Japan index. View Fund Details MFQAX Veritas Global Focus Fund The Fund seeks to provide long-term capital appreciation. View Fund Details BLUEX Veritas Global Real Return Fund The Fund seeks to provide real returns over the medium and longer term. View Fund Details Read Important Investment Disclosures Founded 2003 Headquarters London, England Affiliate Since 2014 Discover how the boutique advantage helps generate alpha. Learn More About AMG