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Nomura Global Growth Fund Class R6 Overview

Nomura Global Growth Fund Class R6 (ITGRX) is an actively managed International Equity Global Large-Stock Growth fund. Nomura launched the fund in 2014.

The investment seeks to provide growth of capital. The fund seeks to achieve its objective by investing primarily in common stocks of U.S. and foreign companies that the manager believes are competitively well-positioned, gaining market share, have the potential for long-term growth and/or operate in regions or countries that the manager believes possess attractive growth characteristics. It primarily invests in issuers of developed countries, including the U.S., although the fund has the ability to invest in issuers domiciled in or doing business in any country or region around the globe, including emerging markets.

About Nomura Global Growth Fund Class R6 (ITGRX)

There are 3 members of the management team with an average tenure of 4.14 years: Charles John (2021), Aditya Kapoor (2021), Trey Schorgl (2023). Management tenure is more important for actively managed funds than passive index funds.

The fund has 2 primary benchmarks: MSCI ACWI NR USD index with a weighting of 100% and MSCI ACWI GR USD index with a weighting of 100%. Nomura Global Growth Fund Class R6 has 60 securities in its portfolio. The top 10 holdings constitute 32.9% 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.

Nomura Global Growth Fund Class R6 is part of the Equity global asset class and is within the International Equity fund group. Nomura Global Growth Fund Class R6 has 36.3% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 63.4%. There is 36.3% 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). Nomura Global Growth Fund Class R6 has 0.4% of the portfolio in cash.

Assets Under Management

The fund has $18 million in total assets, which is below the $988 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.

ITGRX 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 Nomura Global Growth Fund Class R6 expense ratio is above average compared to funds in the Global Large-Stock Growth category. Nomura Global Growth Fund Class R6 has an expense ratio of 0.75%, which is 33% lower than its category average, making the fund expense ratio grade a A. 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. Nomura Global Growth Fund Class R6 has a portfolio turnover rate of 46%, indicating that holds its assets around 0.0 years. By way of comparison, the average portfolio turnover is 47% for the Global Large-Stock Growth category.

Recently, in the month of July 2026, Nomura Global Growth Fund Class R6 returned 0.2%, which earned it a grade of B, as the Global Large-Stock Growth category had an average return of -2.4%. 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.

Nomura Global Growth Fund Class R6 has a trailing yield of 0.18%, which is below the 0.27% 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.

Nomura Global Growth Fund Class R6 Grades

Year to date, the fund has returned 9.6%, 3.6 percentage points better than the category, which translates into a grade of B. The fund has returned 14.9% over the past year (grade of B), 16.5% over the past three years (grade of B) and 9.5% per year over the past five years (grade of B) and 12.2% per year over the past 10 years (grade of C).

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