mtx

Investing in leading businesses with high and growing profitability in emerging markets.

How we can help you

Our research leads us to believe that leaders tend to remain leaders, also in terms of share-price performance.

We focus on leading companies with high growth potential due to reinvestments made possible by high returns on invested capital (ROIC) and strong competitive positions. Market participants are often slow to acknowledge high ROICs, which we consider an important share price driver. This failure on the part of the market creates opportunities for high conviction, active stock pickers like us.

To be included in our portfolios, a company needs to be in the first quartile in terms of ROIC and industry position, trade at a discount to its intrinsic value, and fulfill our minimum ESG standards. These four factors form the cornerstones of our “matrix”, or mtx, approach.

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As fundamental equity managers, we use a combination of systematic screens and fundamental analysis before making an investment decision. We use a proprietary ESG scoring model to investigate each company in depth and understand the risks associated with their business model.

6.5 bn 18 17 2012

Why partner with us?

Unique combination of systematic screens and fundamental research

This ensures style-consistent investment results and potential outperformance through the market cycle.

Strong focus on valuation

The entry point significantly determines the investment’s rate of return in the medium-term.

ESG improves risk management and enhances performance

This view is supported by latest academic research and our own performance data.

Our offering

3 funds found

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Vontobel Fund - mtx China Leaders

Sustainable Equities Boutique Asia Pacific Equities

View 6 share classes Hide share classes
Share class Currency ISIN Valor NAV YTD As at
A USD LU0278091896 2844051 226.91 2.34% Aug 07 2020
AN USD LU1683484015 38261460 103.01 2.88% Aug 07 2020
B USD LU0278091979 2844057 261.39 2.33% Aug 07 2020
C USD LU0278092191 2870558 263.10 1.96% Aug 07 2020
I USD LU0278092514 2870581 253.96 2.90% Aug 07 2020
N USD LU1683483983 38261458 105.62 2.87% Aug 07 2020
Vontobel Fund - mtx Sustainable Asian Leaders (ex Japan)

Sustainable Equities Boutique Asia Pacific Equities

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Share class Currency ISIN Valor NAV YTD As at
A USD LU0384409180 4514032 387.76 6.76% Aug 07 2020
AN USD LU1683484361 38261477 109.73 7.30% Aug 07 2020
B USD LU0384409263 4514037 405.20 6.76% Aug 07 2020
H (hedged) EUR LU0384409693 4514046 352.44 5.47% Aug 07 2020
HI (hedged) EUR LU0384409933 4514053 387.13 6.04% Aug 07 2020
HN (hedged) EUR LU1683482589 38261481 103.87 6.01% Aug 07 2020
I USD LU0384410279 4514057 448.97 7.32% Aug 07 2020
N USD LU1683484445 38261488 112.11 7.29% Aug 07 2020
N GBP LU2019989305 48633832 110.01 7.55% Aug 07 2020
S USD LU2146184358 53721716 120.70 - Aug 07 2020
Vontobel Fund - mtx Sustainable Emerging Markets Leaders

Sustainable Equities Boutique Emerging Markets Equities

View 17 share classes Hide share classes
Share class Currency ISIN Valor NAV YTD As at
A USD LU0571085330 12236105 158.71 3.85% Aug 06 2020
AH (hedged) EUR LU1725744087 39290530 100.25 2.64% Aug 06 2020
AI USD LU1609308298 36643668 131.27 4.39% Aug 06 2020
AN USD LU1683485681 38261784 109.32 4.36% Aug 06 2020
AN GBP LU1717118191 39078906 107.68 5.31% Aug 06 2020
ASX EUR LU1964740309 46974193 109.36 -0.82% Aug 06 2020
B USD LU0571085413 12236106 166.18 3.85% Aug 06 2020
G USD LU1767066605 40236190 103.88 4.64% Aug 06 2020
H (hedged) EUR LU1646585114 37470435 112.08 2.57% Aug 06 2020
HI (hedged) EUR LU1650589762 37574631 111.96 3.14% Aug 06 2020
HI (hedged) CHF LU1550202615 35324235 131.73 2.96% Aug 06 2020
HN (hedged) CHF LU1725744830 39290546 102.94 3.04% Aug 06 2020
I EUR LU1626216888 37012594 126.40 -1.06% Aug 06 2020
I USD LU0571085686 12236113 179.78 4.38% Aug 06 2020
N USD LU1626216961 37012602 133.53 4.37% Aug 06 2020
N GBP LU1618348582 36844873 130.84 5.33% Aug 06 2020
S USD LU1572142096 35836106 150.94 4.99% Aug 06 2020

Meet the team

Our two portfolio managers, Roger Merz and Thomas Schaffner, are supported by a dedicated Zurich-based team of 18 investment professionals.

Insights

Sustainable Equities Boutique
2020-03-02-mtx_coronoavirus_4_update_teaser
Market Update
COVID-19 Emerging Markets

The EM perspective

The past weekend gave investors a pause to reflect on what has been the worst week in terms of price performance for many equity indices since the global financial crisis in 2008. For example, the S&P 500 lost 11.5% on Friday’s close, compared a week before. Emerging markets equity investors were also strongly impacted, as the MSCI EM lost 7.3% over that period.

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Sustainable Equities Boutique
2020-01-21_mtx_outllok-and-review_teaser
Outlook
Emerging Markets

Emerging-market equities: semiconductor outlook in the year of the rat

We are cautiously optimistic for emerging-market equities in 2020. In the Chinese zodiac, the quick-witted rat is succeeding the clumsy pig, which in 2019 struggled with an American bull. With China and the US now apparently unlocking horns, things should get easier. Meanwhile, the outlook for Asian semiconductor companies remains solid.

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Sustainable Equities Boutique
2019-04-16_mtx_em-equities-outlook_teaser
Outlook
Emerging Markets

Emerging markets: focus on stocks, not the market, as you enter the fourth quarter

The US-Chinese trade conflict has become a global worry, but the issue is sometimes blown out of proportion. While emerging-market investors take cover from trans-Pacific gales and local Asian thunderstorms, we stay the course. As stock pickers, we suggest three “gos”: go domestic, go stock-specific, and go cheap.

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Sustainable Equities Boutique
Outlook
Emerging Markets Sustainable Investing

Emerging market equities: Outlook Q3 2019

Are emerging and developed markets increasingly correlated due to the trade war? Roger Merz, Head of mtx Portfolio Management, explains what declining correlations over the last couple of years mean for investors. Marc Bindschädler, Client Portfolio Manager, reviews Q2 and explains why he believes emerging market equities will remain attractive in Q3.

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Sustainable Equities Boutique
Outlook
Emerging Markets Sustainable Investing

Emerging Market Equities: Outlook Q2 2019

After a negative 2018, emerging market equity markets rallied in Q1 2019. Roger Merz, Head of mtx Portfolio Management, explains why he believes emerging market equities will remain attractive in Q2. Thomas Schaffner, Senior Portfolio Manager, explains why he expects leading property developers in China to continue generating strong revenue and profit growth despite a relatively challenging environment.

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