Address And Details

1825 Connecticut Ave NW, Suite 400 , Washington, DC 20009
Fund Manager Ian Kirwan
Manager Tenure 4 Years 10 Months

Strategy And Objective

The Fund's investment objective is to seek long term capital appreciation by investing primarily in equity securities of companies located in emerging market countries. The Fund normally invests at least 80% of its assets, including borrowings for investment purposes, in equity securities of companies located in emerging market countries (the 80% Policy). The Fund is sub advised by Hermes Investment Management Limited (the Sub Adviser). Equity securities held by the Fund will primarily include common stock, preferred stock, depositary receipts, options on securities, and equity equivalent securities, such as participation notes (P Notes). Derivatives, such as futures, options on futures, and swaps, may also be held by the Fund incidental to its main investment strategy. The Sub Adviser considers emerging market countries to be those included in the Funds benchmark index, the MSCI Emerging Markets Index; countries determined by the World Bank to have a low to middle income economy and other countries or markets with similar emerging market characteristics as determined by the Sub Adviser. A company is considered to be located in an emerging market country if it has a class of securities whose principal securities market is in an emerging market country; is organized under the laws of, or has a principal office in, an emerging market country; derives 50% or more of its total revenues or earnings from goods produced, sales made, or services provided in one or more emerging market countries; or maintains 50% or more of its assets in one or more emerging market countries. The Fund may invest in companies of any market capitalization but seeks to have market capitalization size characteristics similar to that of the MSCI Emerging Markets Index. As of December 31, 2019, the market capitalization of the MSCI Emerging Markets Index companies ranged from $104.0 million to $358.9 billion with a weighted average market capitalization of $66.9 billion. The Fund is expected to invest its assets among companies located in emerging markets throughout the world. The Fund may also invest in securities denominated in foreign currencies and may acquire foreign currency or enter into foreign currency derivatives (including forward foreign currency exchange contracts and currency futures contracts) to seek to hedge foreign currency exposure. Securities of companies located in emerging market countries may include American Depositary Receipts (ADRs), which may be sponsored or unsponsored, and Global Depositary Receipts (GDRs).

Net Asset Value

as of 5:27 PM ET 10/18/2021

Performance

  • 1 Week
  • +2.64%
  • 1 Month
  • -1.23%
  • 3 Months
  • +2.43%
  • 1 Yr Return
  • +23.47%
  • 5 Yr Return
  • +68.55%

Equity Sector Breakdown

IndustrialCyclical 18.50%
NonDurables 14.45%
Finance 11.33%
RetailTrade 11.16%
Technology 10.46%
Health 5.97%
ConsumerDurables 2.82%
Utilities 2.69%
Services 1.97%
Energy n/a

Asset Allocation

Asset Type % Of Allocation
Stocks 99.29%
ForeignStocks 98.05%
Preferred 0.01%
Cash 0.00%
Bonds 0.00%
Convertible 0.00%
Other 0.00%
ForeignBonds 0.00%
ForeignHedged 0.00%
Total Net Assets 190.99 M

Risk Measures

Criteria 3 Years 5 Years 10 Years
Alpha 0.29 -1.59 -4.61
Beta 0.82 0.79 0.86
R Squared 0.81 0.73 0.72
Std Deviation 17.25 14.06 13.50
Sharpe Ratio 0.81 0.81 n/a

Purchase Information

as of 5:27 PM ET 10/15/2021
Minimum Initial $1000
Minimum Additional $0
Minimum Initial IRA $0

Performance

Timeframe Average Annual Current Performance Monthly As Of 09/30/2021 Average Annual Current Performance Quarterly As Of 09/30/2021 Avg Annual Current Performance Monthly As Of 09/30/2021 Avg Annual Current Performance Quarterly As Of 09/30/2021
1 Year
  • +23.38%
  • +23.38%
+23.38% +23.38%
3 Year
  • +13.53%
  • +13.53%
+13.53% +13.53%
10 Year
  • +8.93%
  • +8.93%
+8.93% +8.93%
Life Of Fund
  • +4.64%
  • +4.64%
+4.64% +4.64%

Top 10 Holdings

Symbol Company Name % Of Assets
NSRGY NESTLE SA SPONS ADR FOR REG 5.04%
ADS.DE ADIDAS AG 3.75%
ULVR UNILEVER PLC 3.24%
AZN ASTRAZENECA PLC 2.97%
ASML ASML HOLDING NV 2.96%
SNY SANOFI ADR 2.93%
NVO NOVO NORDISK A/S SPONS ADR 2.86%
SCHN.PA SCHNEIDER ELECTRIC SA 2.82%
CRHCF CRH PLC 2.73%
IBE:SM IBERDROLA SA 2.69%

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