Lyrical’s International Value Equity Fund is a concentrated portfolio selected from the universe of the largest 1,500 companies in the world’s developed markets (excluding the United States).
Dan Kaskawits and John Mullins are the Portfolio Managers for this product. Like Lyrical’s other products, International Value Equity is grounded in process. The portfolio normally includes 25-40 best ideas, diversified by sector, industry and country. Active Share is typically very high at 95% or higher. Tax-efficiency has also been high, with turnover suggesting an average holding period of seven years.
The portfolio’s Top 10 Holdings and Sector Weightings are shown below, for convenience.
Data as of 12/31/2022
Portfolio holdings are subject to change and should not be considered investment advice.
Data as of 12/31/2022
An Investor should consider the investment objectives, risk, and charges and expense of the Fund before investing. The prospectus contains this and other information about the Fund. A copy of the prospectus is available at https://funddocs.filepoint.com/lyrical/ or by calling the Fund directly at 212-415-6600. The prospectus should be read carefully before investing.
Important Risk Information:
The Fund is subject to investment risks, including, without limitation, equity securities risk, investment adviser risk, credit and interest rate risk. All mutual funds are subject to market risk, including possible loss of principal. As with any mutual fund, there is a risk that you could lose money by investing in the Fund. The Fund is not intended to be a complete investment program and there is no assurance that the Fund will achieve its investment objectives. Investments in foreign securities involve risks that may be different from those of United States (“U.S.”) securities. Foreign securities may not be subject to uniform audit, financial reporting, or disclosure standards, practices, or requirements comparable to those found in the United States.
Past performance is no guarantee of future results.
The MSCI EAFE Index is an equity index which captures large and mid cap representation across 21 Developed Markets countries around the world, excluding the US and Canada. With 923 constituents, the index covers approximately 85% of the free float-adjusted market capitalization in each country. You cannot invest directly in an Index.
The Lyrical Mutual Funds are distributed by Ultimus Fund Distributors, LLC (Member FINRA) Ultimus Fund Distributors, LLC and Lyrical Asset Management are separate and unaffiliated.