Mondrian Mutual Fund News

London, UK, September 2018 – Mondrian Expands Mutual Fund Offerings

We are pleased to announce the reorganizations of the Laudus Mondrian International Equity Fund (LIEIX), Laudus Mondrian Emerging Markets Fund (LEMNX) and the Laudus Mondrian International Government Fixed Income Fund (LIFNX) effective September 24, 2018.

With all three reorganizations, Mondrian transitioned from the sub-advisor to the advisor and will continue to apply Mondrian’s value investment philosophy, methodology and portfolio management process to each Fund.

The Laudus Mondrian International Equity Fund (LIEIX) has merged into the existing Mondrian International Equity Fund (DPIEX). The Laudus International Equity Fund was managed in Mondrian’s Focused International Equity strategy, while the Mondrian International Equity Fund (DPIEX) is managed in accordance to our broader capitalization strategy. Both Funds have substantially the same investment objectives, are managed by the same team, and over time have displayed similar risk and return characteristics. The Mondrian International Equity Fund (DPIEX) remains open to new investors.

The Laudus Mondrian Emerging Markets Fund and the Laudus Mondrian International Government Fixed Income Fund were renamed the Mondrian Emerging Markets Equity Fund (LEMNX) and the Mondrian International Government Fixed Income Fund (LIFNX), respectively. The strategies for each Fund remain the same and open to new investors.

SEI, who serves as the current administrator and distributor for DPIEX, will also serve in this capacity for the two new Funds. SEI is a recognized market leader in the mutual fund industry, has demonstrated high quality service and we trust they will bring this to the reorganized Funds as well.

Key Benefits of the Reorganizations:

• Continuity of Mondrian value investment philosophy, methodology and investment team managing the Funds
• Experienced trustees, officers, and service providers
• Tax-free reorganization for federal income tax purposes


Mondrian’s sole focus is on our disciplined value investing style. Over time we have carefully added vehicle choices from our investment strategies to match market demand. By offering additional institutional mutual funds, along with various other vehicles, we are best positioned to meet the growing needs of our clients and the evolution of the industry.

We would be happy to discuss this further or answer any questions. Please contact us.

To determine if the Fund is an appropriate investment for you, carefully consider the Fund’s investment objectives, risk, and charges and expenses. This and other information can be found in the funds full and summary prospectus which can be obtained by calling 888-832-4386 or by visiting www.mondrian.com/mutualfunds. Please read the prospectus carefully before investing.

 

Investing involves risk, including the possible loss of principal. International investments entail risks not ordinarily associated with U.S. investments including fluctuation in currency values, differences in accounting principles, or economic or political instability in other nations. Emerging markets involve heightened risks related to the same factors, as well as increased volatility and lower trading volume. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses.

 

Indices are unmanaged and do not include the effect of fees. One cannot invest directly in an index.

 

The Mondrian Investment Partners Limited Funds are distributed by SEI Investment Distribution Co. (SIDCO). SEI Investments Global Fund Services (SEI GFS) serves as Administrator. SIDCO and SEI GFS are wholly owned subsidiaries of SEI Investments Company and are not affiliated with the advisor, Mondrian Investment Partners Limited. Mondrian Investment Partners Limited is Authorised and Regulated by the Financial Conduct Authority.

Show More