Fund Evaluator:

Commonwealth Global Overview

Commonwealth Global (CNGLX) is an actively managed International Equity Global Large-Stock Blend fund. Commonwealth Intl Series Tr launched the fund in 2002.

The investment seeks to provide long-term capital appreciation and current income. The fund invests primarily in U.S. and foreign equity securities (including common and preferred stock and securities convertible into common stock) and in debt securities. Its investments may include issuers of any market capitalization. Although the fund can invest in companies from any country, it generally focuses on established companies in countries with developed economies. Under normal market conditions, the fund invests at least 40% of its net assets in the securities of, and depositary receipts represented by, foreign issuers.

About Commonwealth Global (CNGLX)

There are 2 members of the management team with an average tenure of 23.76 years: Wesley Yuhnke (2002), Robert Scharar (2002). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI NR USD index with a weighting of 100%. Commonwealth Global has 42 securities in its portfolio. The top 10 holdings constitute 47.5% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is not considered to have an ESG focus with its investment selection and management.

Commonwealth Global is part of the Equity global asset class and is within the International Equity fund group. Commonwealth Global has 44.6% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 54.0%. There is 44.6% allocated to foreign stock, and 0.0% is allocated to preferred stocks. The bond allocation as a percentage of total assets is 0.0% (0.0% domestic bond, 0.0% foreign bond and 0.0% convertible bond). Commonwealth Global has 1.4% of the portfolio in cash.

Assets Under Management

The fund has $18 million in total assets, which is below the $1 billion average for the Global Large-Stock Blend category. Normally, lower assets under management translates to higher average expense ratios, and greater total assets are desired. However, for some investment categories, such as small-cap investing, it may be difficult for the manager to fully employ the desired active strategy if assets grow too large or too quickly.

CNGLX Performance and Fees

The expense ratio measures how much of a fund’s assets are used for administrative expenses and operating expenses, including adviser fees and fees for the transfer agent and custodial services. The Commonwealth Global expense ratio is high compared to funds in the Global Large-Stock Blend category. Commonwealth Global has an expense ratio of 2.58%, which is 146% higher than its category average, making the fund expense ratio grade a F. While it is difficult to predict returns, it is known that high annual expense ratios reduce your rate of return, and excessive fees are difficult to overcome. Active management normally comes with higher expense ratios than passive index management. Certain investment categories such as small company and foreign also normally have higher expense ratios. It is best to compare fund expense ratios against the category averages for meaningful assessments.

High portfolio turnover can translate to higher expenses and lower aftertax returns. Commonwealth Global has a portfolio turnover rate of 7%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 43% for the Global Large-Stock Blend category.

Recently, in the month of July 2026, Commonwealth Global returned 2.3%, which earned it a grade of B, as the Global Large-Stock Blend category had an average return of 0.8%. The letter grades of A, B, C, D and F are based upon relative rankings within the investment category. A grade of A, for example, would indicate that the return is in the highest 20% for that time period compared to all funds in that category.

Commonwealth Global has a trailing yield of 0.00%, which is below the 0.95% category average. The fund normally distributes its income annually and its capital gains annually.

It’s natural to seek the best-performing investments, but you must consider the relationship between risk and return and the impact of costs and taxes on your realized returns.

Commonwealth Global Grades

Year to date, the fund has returned 10.4%, 0.7 percentage points better than the category, which translates into a grade of C. The fund has returned 16.9% over the past year (grade of D), 7.7% over the past three years (grade of F) and 3.5% per year over the past five years (grade of F) and 6.0% per year over the past 10 years (grade of F).

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