MoA International Fund Overview

As of 10/31/2024

The actively managed MoA International Fund, which seeks capital appreciation, scans developed markets outside the U.S. for companies we believe have the potential to help the Fund outperform its benchmark, the MSCI EAFE Index.

The Fund Features:

  • A diversified portfolio of high-quality companies in developed international markets
  • Dynamic security selection based on quantitative models that are focused on company valuation, earnings quality, and capital deployment
  • High-conviction, low-turnover approach
  • Historically lower risk relative to its peers

Morningstar Ratings™

Time Period Rating # Funds in Category
Overall 667
3 Year 667
5 Year 632
10 Year 421
Based on risk adjusted return among Morningstar Foreign Large Blend category.

Portfolio Managers

Jamie Zendel, FRM

Jamie Zendel, FRM

Executive Vice President, Head of Quantitative and Asset Allocation Strategies

With MoA Since 2007

Over 27 years of investment experience

Eric Lockenvitz, CFA

Eric Lockenvitz, CFA

Vice President, Quantitative Research

With MoA Since 2023

Over 12 years of investment experience

MoA International Fund Performance

Monthly

As of 10/31/2024
Annualized
Class 1 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA International Fund -4.82 7.51 21.67 4.67 7.33 5.64 3.06
MSCI EAFE Index -5.44 6.85 22.97 2.70 6.24 5.27 2.83
Morningstar Foreign Large Blend Category Avg -4.79 7.66 22.46 1.64 6.00 4.98
Percentile Rank in Morningstar Category 67 6 17 21
Number of Funds in Category 718 667 632 421
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.47% | Net Expense Ratio: 0.32%

Quarterly

As of 9/30/2024
Annualized
Class 3 Mo YTD 1 Yr 3 Yr 5 Yr 10 Yr Incep
MoA International Fund 5.45 12.94 25.14 7.33 9.11 6.14 3.38
MSCI EAFE Index 7.26 12.99 24.77 5.48 8.20 5.71 3.19
Morningstar Foreign Large Blend Category Avg 7.29 13.08 24.17 4.29 7.73 5.42
Percentile Rank in Morningstar Category 40 6 16 20
Number of Funds in Category 717 667 629 422
Date of Inception: 11/5/2007 | Gross Expense Ratio: 0.47% | Net Expense Ratio: 0.32%

The performance data quoted represents past performance and is no guarantee of future results. Investment return and principal value of an investment will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than their original cost. Current performance may be lower or higher than the performance data quoted. For the most recent month-end performance, please call 800.914.8716 or visit the Fund’s website at moafunds.com.

The Adviser has contractually agreed to a waiver of 0.15% of the Fund’s management fees. This contractual obligation may not be terminated before April 30, 2026.

MoA International Fund Portfolio Characteristics

As of 9/30/2024

Top 10 Holdings (%)

Holding Fund
Novo Nordisk AS Class B 2.96
SAP SE 1.89
Novartis AG Registered Shares 1.87
Roche Holding AG 1.64
Hitachi Ltd 1.53
ASML Holding NV 1.50
BHP Group Ltd 1.50
Shell PLC 1.42
Hermes International SA 1.41
RELX PLC 1.33
Total 17.05
Total Number of Holdings: 154

Top 10 Countries (%)

Country Fund
Japan 21.95
United Kingdom 14.60
Switzerland 10.68
France 10.59
Germany 8.45
Australia 5.87
Denmark 4.61
Spain 4.25
Netherlands 4.05
Italy 3.49
Total 88.54

Portfolio Composition (%)

Asset Fund
Equities 96.02
Cash 3.28
Other 0.71

Risk Metrics (3 yr)

Holding Fund Category*
Sharpe Ratio 0.28 0.11
Standard Deviation 16.61 17.24

Average Market Cap

Item Value
Fund $62.9B
Category Average* $63.6B

Overall Risk Vs Category*

*Compared to the Foreign Large Blend Category.

Equity Sector Breakdown

MoA International Fund
Morningstar Foreign Large Blend Category Avg
Sector Fund Category
Financials 21.42 20.46
Industrials 17.08 17.07
Healthcare 12.14 11.80
Information Technology 10.39 11.90
Consumer Discretionary 9.88 11.50
Consumer Staples 8.82 8.17
Materials 6.97 6.28
Energy 4.13 4.52
Communication Services 4.10 4.31
Utilities 3.24 2.53
Real Estate 1.83 1.47

MoA International Fund Literature