Fund Evaluator:

Reynders McVeigh Core Equity Instl Overview

Reynders McVeigh Core Equity Instl (ESGEX) is an actively managed International Equity Global Large-Stock Growth fund. ReyndersMcVeigh Funds launched the fund in 2019.

The investment seeks capital preservation and long-term capital growth. The fund seeks to achieve its objective by investing at least 80% of its net assets (plus borrowings for investment purposes) in equity securities that meet the Advisor's economic and ESG criteria. As part of its principal investment strategy, and under normal market conditions, the manager expects to invest at least 50% of its net assets in equity securities with market capitalizations of over $15 billion.

About Reynders McVeigh Core Equity Instl (ESGEX)

There are 3 members of the management team with an average tenure of 7.43 years: Charlton Reynders (2019), Patrick McVeigh (2019), Eric Shrayer (2019). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI World NR USD index with a weighting of 100% and S&P 500 (TR) (1970) index with a weighting of 100%. Reynders McVeigh Core Equity Instl has 46 securities in its portfolio. The top 10 holdings constitute 39.8% of the fund’s assets. The fund meets the SEC requirement of being classified as a diversified fund. The fund is considered to have an ESG focus with its investment selection and management.

Reynders McVeigh Core Equity Instl is part of the Equity global asset class and is within the International Equity fund group. Reynders McVeigh Core Equity Instl has 18.4% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 79.9%. There is 18.4% 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). Reynders McVeigh Core Equity Instl has 1.6% of the portfolio in cash.

Assets Under Management

The fund has $109 million in total assets, which is below the $964 million average for the Global Large-Stock Growth 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.

ESGEX 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 Reynders McVeigh Core Equity Instl expense ratio is high compared to funds in the Global Large-Stock Growth category. Reynders McVeigh Core Equity Instl has an expense ratio of 0.95%, which is 15% lower than its category average, making the fund expense ratio grade a B. 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. Reynders McVeigh Core Equity Instl has a portfolio turnover rate of 16%, indicating that holds its assets around 0.1 years. By way of comparison, the average portfolio turnover is 46% for the Global Large-Stock Growth category.

Recently, in the month of August 2026, Reynders McVeigh Core Equity Instl returned 2.5%, which earned it a grade of C, as the Global Large-Stock Growth category had an average return of 2.2%. 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.

Reynders McVeigh Core Equity Instl has a trailing yield of 0.47%, which is above the 0.25% category average. The fund normally distributes its income 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.

Reynders McVeigh Core Equity Instl Grades

Year to date, the fund has returned 5.5%, 2.8 percentage points worse than the category, which translates into a grade of D. The fund has returned 10.4% over the past year (grade of D), 14.4% over the past three years (grade of C) and 5.2% per year over the past five years (grade of C).

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