EM countries hold over 75% of the world's land, 86% of its population, and drive 77% of global GDP growth, yet represent only 10.9% of market cap—signaling potential for growth-focused investors.1,2,3
EMC’s portfolio managers have extensive track records in active Emerging Market strategies. They focus on companies with high quality business models that seek to benefit from growth in domestic spending.
EMC delivers access to experienced stock picking across what we deem as the highest quality growth areas within emerging markets.
1IMF Data Accessed on Jan 8, 2025
2International Monetary Fund World Economic Outlook, Jan 2025
3Bloomberg and Global X data as of Jan 8, 2025
Key Information |
Trading Details |
Distributions |
Taxes |
NAV | Daily Change | |||
Market Price | Daily Change |
Fund NAV | Market Price | Index | |
---|---|---|---|
Options Details |
Net Assets (%) | Ticker | Name | SEDOL | Shares Held | Market Value |
---|---|---|---|---|---|
Exposure |
ETF Characteristics |
ETF Risk Stats |
NAV | $26.28 | Daily Change | $0.06 | 0.23% |
Market Price | $26.43 | Daily Change | $0.33 | 1.26% |
Return on Equity | 18.70% | |
Weighted Avg. Market Cap | 158,940 M | |
2024 | 2025 | |
Price-to-earnings | 13.08 | 11.06 |
Price-to-book value | 2.24 | 1.91 |
VERSUS | BETA |
---|---|
S&P 500 | 0.62 |
NASDAQ-100 | 0.56 |
MSCI EAFE | 0.62 |
MSCI Emg. Mkts | 0.91 |
Standard Deviation | 12.80% |
Sector | Weight (%) | |
---|---|---|
Consumer Discretionary | 31.5 | |
Information Technology | 25.8 | |
Financials | 14.7 | |
Consumer Staples | 8.1 | |
Health Care | 5.2 | |
Communication Services | 4.4 | |
Real Estate | 3.9 | |
Industrials | 3.6 | |
Materials | 1.7 | |
Energy | 1.2 |
Net Assets (%) | Ticker | Name | SEDOL | Market Price ($) | Shares Held | Market Value ($) |
---|---|---|---|---|---|---|
10.13 | TSM | TAIWAN SEMIC-ADR | 2113382 | 164.18 | 52,648 | 8,643,748.64 |
4.36 | 700 HK | TENCENT HOLDINGS LTD | BMMV2K8 | 60.70 | 61,300 | 3,721,208.68 |
4.21 | 2454 TT | MEDIATEK INC | 6372480 | 40.88 | 88,000 | 3,597,854.32 |
3.58 | 9988 HK | ALIBABA GROUP HOLDING LTD | BK6YZP5 | 14.67 | 208,100 | 3,052,228.10 |
2.84 | IBN | ICICI BANK LTD-SPON ADR | 2569286 | 33.21 | 73,076 | 2,426,853.96 |
2.83 | 161890 KS | KOLMAR KOREA CO LTD | B8K27N3 | 52.62 | 45,907 | 2,415,400.19 |
2.39 | 1810 HK | XIAOMI CORP-CLASS B | BG0ZMJ9 | 6.21 | 328,800 | 2,042,591.36 |
2.38 | APHS IN | APOLLO HOSPITALS | 6273583 | 83.97 | 24,206 | 2,032,475.17 |
2.35 | 3968 HK | CHINA MERCHANTS BANK-H | B1DYPZ5 | 5.71 | 351,400 | 2,006,356.61 |
2.18 | 3690 HK | MEITUAN-CLASS B | BGJW376 | 16.37 | 113,800 | 1,862,724.50 |
Holdings are subject to change. "Cash" denotes U.S. dollars.
As of recent month & quarter-end (Mar 31 2025) | Fund NAV | Market Price | Benchmark |
---|---|---|---|
1 Year | 1.03% | 1.20% | 8.09% |
3 Years | -3.10% | -3.14% | 1.44% |
5 Years | 0.55% | 0.52% | 7.94% |
10 Years | 1.29% | 1.28% | 3.71% |
Since Inception | 2.81% | 2.80% | 2.74% |
Effective May 12, 2023, the fund acquired the performance, financial, accounting and other historical information of the Mirae Asset Emerging Markets Great Consumer Fund. Performance shown prior to May 15, 2023 reflects the return of the Mirae Asset Emerging Markets Great Consumer Fund's I shares with a NAV conversion ratio of 0.47 applied in connection with the acquisition. Market price returns prior to that date reflects the predecessor fund’s NAV return.
Performance is shown on a total return basis (i.e., with gross income reinvested, where applicable). Cumulative return is the aggregate amount that an investment has gained or lost over time. Annualized return is the average return gained or lost by an investment each year over a given time period.
The performance data quoted represents past performance. Past performance does not guarantee future results. The investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than their original cost and current performance may be lower or higher than the performance quoted. High short-term performance, when observed, is unusual and investors should not expect such performance to be repeated.