XXXXX | Emerging Markets Equity Select Fund
Why Invest
Globally diversified, contrarian approach to long-term capital growth by uncovering out-of-favor value opportunities across countries and sectors within emerging markets
Benchmark Agnostic Unconstrained Investment Style
Concentrated absolute-return focused portfolio of 30–50 value stocks selected through bottom-up research, agnostic to the MSCI Emerging Markets Index. The opportunity set is focused on larger, more liquid companies, being aware of each country’s macroeconomic backdrop rather than being macro-led.
Portfolio Construction Diversified Across Under-Valued Opportunities
Targets five categories of value opportunities: fallen angels, cyclicals, special situations, structural challenges and hidden growth. This mix adds an extra layer of diversification to a high-conviction portfolio.
Risk Management
Each stock is researched and modeled by both portfolio managers, with buy and sell decisions requiring their consensus. The fund’s risk scoring process evaluates a variety of company-specific financial criteria.
Fund Facts
Why Invest
An equity fund focused on emerging market companies we believe are positioned to benefit from domestic growth
Focus on Local Growth
Invests primarily in emerging markets, where GDP growth may be greater than developed markets
Flexibility Across Market Capitalisations
Historically, the Fund has been consistently overweight small and mid-cap emerging market companies
Quality Bias
Focus on stocks that in aggregate have higher ROE, lower net debt/EBITDA (excluding financials) and greater earnings growth potential than the benchmark
Fund Facts
Performance & Exposures
Returns & Distributions
Stewardship & Sustainability
Portfolio Management Team
Documents
Fund Literature - 34 documents
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