Mondrian Reduces Fee for Mondrian International Value Equity Fund

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Mondrian Investment Partners is pleased to announce a reduction in the management fee for Mondrian International Value Equity Fund (MPIEX) and changes to the Fund’s contractual expense limit. Effective July 1, 2020, the Fund’s management fee will be reduced from 0.70% to 0.65%, and the Fund’s Total Fund Operating Expenses will be changed from exceeding 0.79% to 0.74% of the Fund’s average daily net assets.

As of year-end 2019, Morningstar awarded the Fund a Morningstar analyst rating of Silver and maintained its 4-star Overall rating. “The fund has been touted as a ‘solid choice’ by Morningstar, and these reductions reflect our commitment as an active defensive manager to providing the best value to our clients,” said CEO & Group CIO Clive A. Gillmore. “Given the competitive market environment, we believe these changes will position the Fund for even greater success.”

The operating expense limits and management fee are reduced effective July 1, 2020 as follows:

Management Fees 0.65%
Other Expenses 0.19%
Total Annual Fund Operating Expenses 0.84%
Less Fee Reductions and/or Expense Reimbursements (0.10)%
Total Annual Fund Operating Expenses After Fee Reductions and/or Expense Reimbursements 0.74%

 



This website is intended for persons in the United States only.

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 Fund’s 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. In addition to the normal risks associated with investing, investments in smaller companies typically exhibit higher volatility. Concentration in infrastructure-related securities involves sector risk and concentration risk, particularly greater exposure to adverse economic, regulatory, political, legal, liquidity, and tax risks associated with MLPs and REITs. The Fund may invest in derivatives, which are often more volatile than other investments and may magnify the Fund’s gains or losses.

The Mondrian Investment Partners Limited Funds are distributed by SEI Investments Distribution Co. (SIDCO). SIDCO is not affiliated with the advisor, Mondrian Investment Partners Limited.

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© 2020 Mondrian Investment Partners Limited is authorised and regulated by the Financial Conduct Authority – Firm Reference Number 149507.
All information is as of September 30, 2020 unless otherwise noted.

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