Putnam International Equity M (povmx)
Last Updated by WikiWealth | Update This Page Now
Asset Allocation (% of Port)
Geographic Allocation (% of Port)
Australia + Pacific Islands
Fund Management Survey
Fund Management Team
Fund Description Update
Putnam International Equity M (POVMX) Description: POVMX is a mutual fund, which is an investment that owns a basket of assets. The POVMX mutual fund was provided by Putnam and this investment vehicle derives the majority of its value from equity holdings (stocks). Putnams mutual fund has a long management tenure and is in the small fund size classification. POVMXs minimum initial investment amount is $500 while the IRA minimum is $0. POVMXs expense ratio is roughly 2%. The latest POVMXs front end load was 4% and the back end load was 0%. The Putnam International Equity M (POVMX) mutual fund falls under the foreign large-cap mixed category. POVMX focuses its investments in EU and Japan and POVMX is not affiliated with a particular industry or fund sector. The Putnam International Equity M (POVMX) mutual fund is not a leveraged fund and it does not have inverse fund properties. An investor can find POVMXs top holdings, fundamental analysis, ratings, and fund risk (volatility) on the left side of the screen. The right side of POVMXs research report features technical analysis and long term investment potential.
This investment vehicle seeks capital appreciation. The fund invests mainly in common stocks (see stock research) of companies outside the United States that have favorable investment potential. It invests at least 80% of net assets in equity investments. The fund invests mainly in mid-sized and large companies. It emphasizes investment in developed countries, but also invests in companies located in developing markets.