Emerging Markets Equity Fund
All-cap fund focuses on emerging market companies positioned to benefit from secular domestic growth
- Flexible, all-cap portfolio with a consistent overweight to small and mid-cap companies
- Seeks exposure to local emerging market growth via a high-quality approach
- Focus on domestically biased businesses that we believe can compound returns over the long term
Average Annual Total Returns
- Daily (as of )
- Monthly (as of )
- Quarterly (as of )
Performance data quoted represent past performance, which is no guarantee of future results. The 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 costs. Results are shown on a “total return” basis and include reinvestment of all dividends and capital gain distributions. Current performance may be lower or higher than the performance data quoted.
Annualized Total Returns with sales charge reflect deduction of current maximum initial sales charge of 5.75% for Class A shares of equity funds and alternative funds (except alternatives funds that invest primarily in fixed income instruments), and 4.25% for Class A shares of fixed income funds and alternative funds that primarily invest in fixed income instruments, and 2.50% for Class A shares of short-term fixed income funds and applicable contingent deferred sales charges (CDSC) for Class C shares. The maximum CDSC for Class C shares is 1%, which is reduced to 0% after 1 year. Please see each fund’s prospectus for the applicable sales charge. For funds with less than one year of performance, returns shown are cumulative rather than annualized.
$10,000 Hypothetical Investment
This chart shows the value of a hypothetical $10,000 investment in the Fund since inception. All results include the reinvestment of income dividends and distributions. Returns do not reflect the effect of taxes an investor would pay on Fund distributions or on the redemption of Fund shares. Results represent past performance and do not indicate future results. Performance figures would be reduced if sales charges were applied.
Calendar Year Returns
Performance figures would be reduced if sales charges were applied.
- 3-Year Risk Return Profile
- 3-Year Upside / Downside Capture
3-Year Risk Return Profile
Standard Deviation is a statistical measure of portfolio risk. The Standard Deviation describes the average deviation of the portfolio returns from the mean portfolio return over a certain period of time. Standard Deviation measures how wide this range of returns typically is. The wider the typical range of returns, the higher the Standard Deviation of returns, and the higher the portfolio risk.
3-Year Upside / Downside Capture
Up Capture Ratio is a measure of the manager’s performance in up markets relative to the market itself. A value of 110 suggests the manager performs ten percent better than the market when the market is up. The Upside Capture Ratio is calculated by dividing the return of the manager during the up market periods by the return of the market during the same periods.
Down Capture Ratio is a measure of the manager’s performance in down markets relative to the market itself. A value of 90 suggests the manager’s loss is only nine tenths of the market’s loss. The Downside Capture Ratio is calculated by dividing the return of the manager during the down periods by the return of the market during the same periods.
The Return on equity (ROE) is a percent yield that indicates a company’s profitability accruing to equity holders. ROE reveals how much profit a company generates with the money shareholders have invested. Return on equity is determined by dividing net income by total common equity. The long-term growth rate is calculated weekly by taking the median of all First Call contributing broker estimates of a company’s projected earnings growth over a period of two to five years. The long-term growth rate is based on projections, which may or may not be realized. Standard Deviation is a statistical measure of portfolio risk. The Standard Deviation describes the average deviation of the portfolio returns from the mean portfolio return over a certain period of time. Standard Deviation measures how wide this range of returns typically is. The wider the typical range of returns, the higher the Standard Deviation of returns, and the higher the portfolio risk. Active Share measures the percentage of mutual fund assets that are invested differently from the benchmark, and will range between 0% and 100%, Funds with an active share below 20% are likely to be pure index funds, while those with an active share between 20% and 60% are considered to be closet index funds.
Top 10 Holdings
|Tencent Holdings Ltd||7.90%|
|Alibaba Group Holding Ltd. ADR||5.40%|
|Taiwan Semiconductor Manufacturing||4.90%|
|Ping An Insurance||2.20%|
|Naspers Ltd., N Shares||1.80%|
|Lukoil PJSC ADR||1.80%|
|Yandex Nv Class A||1.70%|
|LG Chem Ltd.||1.60%|
Top 10 Industries
|Internet & Direct Marketing Retail||10.50%|
|Interactive Media & Services||10.00%|
|Semiconductors & Semiconductor Equipment||9.60%|
|Food & Staples Retailing||5.50%|
|Technology Hardware, Storage & Peripherals||4.90%|
|Oil, Gas & Consumable Fuels||4.40%|
|Electronic Equipment, Instruments & Components||3.40%|