AMG Veritas Asia Pacific Fund Class N
MGSEX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- AMG Funds III MA United States of America
- IPO Date
- May 31, 1984
- CIK
- 0000720309
- Website
- wealth.amg.com
- Similar Companies
- Business
- AMG Veritas Asia Pacific Fund Class N (MGSEX) is a mutual fund that seeks long-term capital appreciation through investments primarily in equity securities of companies located in the Asia Pacific region, including emerging markets such as China, India, South Korea, Taiwan, and Australia. The fund offers shares in its Class N, characterized by a ticker symbol MGSEX, with a focus on undervalued companies exhibiting strong fundamentals, sustainable competitive advantages, and capable management teams; it employs a fundamental, bottom-up investment approach that emphasizes high-quality growth stocks across diverse sectors including technology, consumer discretionary, financials, and industrials. Managed by Affiliated Managers Group, Inc. (AMG) through its boutique affiliate Veritas Asset Management LLC, the fund provides institutional-quality active management with low turnover and a long-term holding period, targeting sophisticated investors seeking exposure to Asia Pacific equities. The fund operates globally with primary geographic focus on Asia Pacific markets, spanning developed economies like Japan, Hong Kong, Singapore, and Australia, as well as emerging markets across Southeast Asia and South Asia; it was established under AMG's platform, with Veritas Asset Management founded in 2000 and headquartered in London, United Kingdom, while AMG maintains its principal operations in West Palm Beach, Florida, USA. In recent developments, the fund has benefited from Veritas Asset Management's strategic expansions, including the launch of additional Asia Pacific-focused strategies and partnerships to enhance distribution in key markets; as of late 2024, AMG reported ongoing integration of Veritas capabilities amid broader affiliate performance improvements, with no major name changes or reorganizations noted, though the firm continues to pursue selective capacity management and portfolio optimizations in response to heightened regional volatility from geopolitical tensions and economic shifts in China.