Eagle Asset Management's International ADR team employs a consistent and repeatable investment process that capitalizes on their deep knowledge of the markets and long-term investing experience.
| Typical Market Capitalization |
$4 billion or greater |
| Benchmark |
MSCI EAFE Index |
| Account Minimum |
$100,000 |
| Typical Turnover |
40%-80% |
| Typical Number of Holdings |
60 to 100 |
Portfolio Co-Manager
17 Years Of Industry Experience
8 Years With ClariVest Asset Management
Portfolio Co-Manager
19 Years Of Industry Experience
15 Years With ClariVest Asset Management
Portfolio Co-Manager
28 Years Of Industry Experience
18 Years With ClariVest Asset Management
| Current Quarter |
Year to Date |
One Year |
Three Year |
Five Year |
10 Year |
Since Inception (Jan. 1, 2013) |
||
|---|---|---|---|---|---|---|---|---|
|
Eagle International ADR |
Gross |
3.90% | 13.27% | 24.56% | 7.73% | 9.67% | 6.53% | 7.39% |
|
Eagle International ADR |
Net |
3.13% | 10.77% | 20.93% | 4.58% | 6.46% | 3.40% | 4.23% |
|
MSCI EAFE Index (Net of dividend) |
7.26% | 12.99% | 24.77% | 5.48% | 8.20% | 5.71% | 6.56% |
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|
| Eagle International ADR | Gross | 20.39% | -12.26% | 14.42% | 6.52% | 22.81% | -14.26% | 21.82% | -1.88% | 4.22% | -1.41% |
| Eagle International ADR | Net | 16.89% | -14.89% | 11.07% | 3.38% | 19.23% | -16.83% | 18.27% | -4.79% | 1.14% | -4.33% |
|
MSCI EAFE Index (Net of dividend) |
18.24% | -14.45% | 11.25% | 7.80% | 22.02% | -13.78% | 25.02% | 1.01% | -0.82% | -4.89% |
Risk Information
The risks associated with International investing are based on the expectation of positive price performance due to continued earnings growth or anticipated changes in the market or within the company itself. However, if a company fails to meet that expectation or anticipated changes do not occur, its stock price may decline. Moreover, as with all equity investing, there is the risk that an unexpected change in the market or within the company itself may have an adverse effect on its stock. Investing in growth-oriented stocks involves potentially higher volatility and risk than investing in income-generating stocks. The biggest risk of equity investing is that returns can fluctuate and investors can lose money.
Not every investment opportunity will meet all of the stringent investment criteria mentioned to the same degree. Trade-offs must be made, which is where experience and judgment play a key role. Accounts are invested at the discretion of the portfolio manager and may take up to 60 days to become fully invested.
Disclosures
(1)The definition of the accounts included in the International ADR Composite is as follows:
The International ADR Composite includes retail accounts benchmarked to the MSCI EAFE® index that seek capital appreciation primarily from investing in equity issues - such as, but not limited to, American Depository Receipts (ADRs) - trading in the United States that have international exposure.
Past performance does not guarantee or indicate future results. No inference should be drawn by present or prospective clients that managed accounts will achieve similar performance in the future. Investment in a portfolio, investment manager or security should not be based on past performance alone. Because accounts are individually managed, returns for separate accounts may be higher or lower than the average performance stated. Individual portfolio/performance results may vary due to market conditions, trading costs and certain other factors, which may be unique to each account. There is no guarantee that these investment strategies will work under all market conditions, and each investor should evaluate their ability to invest for the long term, especially during periods of downturn in the market. Investing in equities may result in a loss of capital. Investing involves risk and you may incur a profit or a loss. Investment returns and principal value will fluctuate so that an investor’s portfolio, when redeemed, may be worth more or less than their original cost. Diversification does not ensure a profit or guarantee against a loss.
The calculation of the performance data includes reinvestment of all income and gains and is depicted on a time-weighted and size-weighted average for the entire period. Calculations include reinvestment of all income and gains. Gross performance presented is "pure gross" and is shown before deduction of any fees. Net returns have been reduced by the entire bundled/wrap fee. The bundled/wrap fee will typically include trading, investment management, portfolio monitoring and other administrative fees charged by the sponsor. Eagle's fees are set forth in Eagle's ADV, Part II. Over a period of five years, an advisory fee of 1% could reduce the total value of a client's portfolio by 5% or more. Net returns are calculated using a max wrap fee of 3% for this strategy.
GIPS® is a registered trademark of CFA Institute. CFA Institute does not endorse or promote this organization, nor does it warrant the accuracy or quality of the content contained herein. Eagle Asset Management, Inc. has received a firm-wide verification for the periods January 1, 1982 through December 31, 2022. Eagle believes that the performance shown is reasonably representative of its management style and is sufficiently relevant for consideration by a potential or existing client. Verification assesses whether (1) the firm has complied with all the composite construction requirements of the GIPS standards on a firm-wide basis and (2) the firm’s policies and procedures are designed to calculate and present performance in compliance with the GIPS standards. The verification and performance examination reports are available upon request.
Eagle Asset Management, Inc. is an investment adviser registered with the Securities and Exchange Commission and is engaged in providing discretionary management services to client accounts. The benchmark is the MSCI EAFE® Index, which has been derived from published sources and has not been examined by independent accountants. The composite creation date for GIPS purposes was Jan. 1, 2013.
Currency: all monetary amounts displayed on this website are in U.S. dollars.
To obtain a compliant presentation and/or the firm's list of composite descriptions, please contact Eagle Asset Management at 1.800.237.3101.
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