Fund Evaluator:

FI Instl ESG Stck Fd for Ret Plns Overview

FI Instl ESG Stck Fd for Ret Plns (QDVSX) is an actively managed International Equity Global Large-Stock Blend fund. Fisher Investments launched the fund in 2019.

The investment seeks to outperform, net of fees and expenses, the return of the MSCI ACWI Investable Markets Index. The fund adviser seeks to achieve its objective by investing primarily in a portfolio of global equity securities, including securities of emerging market companies. Under normal circumstances, it invests at least 80% of its assets in common stocks that meet the fund's environmental, social and governance guidelines at the time of investment.

About FI Instl ESG Stck Fd for Ret Plns (QDVSX)

There are 5 members of the management team with an average tenure of 6.64 years: William Glaser (2019), Aaron Anderson (2019), Michael Hanson (2019), Jeffery Silk (2019), Kenneth Fisher (2019). Management tenure is more important for actively managed funds than passive index funds.

The fund has 1 primary benchmark: MSCI ACWI IMI NR USD index with a weighting of 100%. FI Instl ESG Stck Fd for Ret Plns has 100 securities in its portfolio. The top 10 holdings constitute 27.5% 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.

FI Instl ESG Stck Fd for Ret Plns is part of the Equity global asset class and is within the International Equity fund group. FI Instl ESG Stck Fd for Ret Plns has 47.9% of its portfolio invested in foreign issues. The overall assets allocated to domestic stock is 51.3%. There is 47.9% 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). FI Instl ESG Stck Fd for Ret Plns has 0.8% of the portfolio in cash.

Assets Under Management

The fund has $414 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.

QDVSX 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 FI Instl ESG Stck Fd for Ret Plns expense ratio is low compared to funds in the Global Large-Stock Blend category. FI Instl ESG Stck Fd for Ret Plns has an expense ratio of 0.00%, which is 100% 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. FI Instl ESG Stck Fd for Ret Plns has a portfolio turnover rate of 23%, indicating that holds its assets around 0.0 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, FI Instl ESG Stck Fd for Ret Plns returned 2.0%, 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.

FI Instl ESG Stck Fd for Ret Plns has a trailing yield of 1.57%, which is above the 0.95% 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.

FI Instl ESG Stck Fd for Ret Plns Grades

Year to date, the fund has returned 11.8%, 2.0 percentage points better than the category, which translates into a grade of B. The fund has returned 27.8% over the past year (grade of A), 21.4% over the past three years (grade of A) and 13.4% per year over the past five years (grade of A).

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