Objective
Seeks long-term capital appreciation.
Overview
A quantitatively managed fund that seeks to exploit the inefficiencies in emerging market companies by owning attractively valued stocks.
The portfolio managers are supported by the full resources of Wellington.
Performance
Performance data quoted represents past performance and does not guarantee 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 cost. Current performance may be lower or higher than the performance data quoted.
SI = Since Inception. Fund Inception: 05/31/2011
Characteristics
# of Holdings | 228 |
---|---|
% in Equities | 98 |
% in Foreign Equities | 98 |
Beta (3 year) | 0.98 |
R Squared (3 year) | 0.98 |
Standard Deviation | 17.87% |
Turnover | 93% |
Active Share | 63% |
FUND | MSCI Emerging Markets Index | |
---|---|---|
Price/Earnings | 9.5x | 11.2x |
Price/Book | 1.3x | 1.9x |
EPS Growth Rate | 30.7% | 20.8% |
Asset Weighted Market Cap (billions) | $133.4 | $152.0 |
Return on Equity | 15.4% | 15.8% |
Median Market Cap (billions) | $9.5 | $7.7 |
Taiwan Semiconductor Manufacturing Co. Ltd. | 10.67 |
Tencent Holdings Ltd. | 3.50 |
Samsung Electronics Co. Ltd. | 2.88 |
Alibaba Group Holding Ltd. | 2.24 |
MediaTek, Inc. | 1.66 |
CTBC Financial Holding Co. Ltd. | 1.46 |
Petroleo Brasileiro SA | 1.36 |
CIMB Group Holdings Bhd. | 1.27 |
China CITIC Bank Corp. Ltd. | 1.23 |
Banco do Brasil SA | 1.22 |
Total Portfolio % | 27.49 |
Less than $2 billion | 2 | |
$2 billion - $5 billion | 10 | |
$5 billion - $10 billion | 16 | |
Greater than $10 billion | 72 | |
Not Classified | 0 |
Alpha (5 Year)
|
1.45 |
Down Capture (5 Year)
|
95.28 |
Information Ratio (5 Year)
|
0.39 |
Sharpe Ratio (5 Year)
|
0.33 |
Up Capture (5 Year)
|
101.06 |
FUND |
BENCHMARK | UNDERWEIGHT / OVERWEIGHT | |||||
---|---|---|---|---|---|---|---|
6/30/24 | 8/31/24 | 8/31/24 | -2 0 2 | ||||
Real Estate | 3 | 3 | 1 | ||||
Financials | 22 | 24 | 23 | ||||
Consumer Discretionary | 13 | 13 | 12 | ||||
Industrials | 7 | 8 | 7 | ||||
Consumer Staples | 6 | 6 | 5 | ||||
Health Care | 4 | 4 | 4 | ||||
Information Technology | 24 | 23 | 24 | ||||
Communication Services | 9 | 8 | 9 | ||||
Materials | 6 | 6 | 7 | ||||
Energy | 4 | 4 | 5 | ||||
Utilities | 2 | 2 | 3 |
Insights
Fund Literature