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Description

Asset class
Equity
Investment objective
The Fund’s investment objective is long-term capital appreciation. The Fund invests primarily in common stocks of companies with significant exposure to countries with developing economies and/or markets. Many of these countries may be referred to as emerging countries or emerging markets. The Fund may also invest in debt securities of issuers, including issuers of lower rated bonds (rated Ba1 or below and BB+ or below by NRSROs designated by the Investment Adviser or unrated but determined by the Investment Adviser to be of equivalent quality), with exposure to these countries. Qualified developing countries in which the fund may invest currently include, but are not limited to, Argentina, Bahrain, Bangladesh, Belarus, Belize, Bolivia, Botswana, Brazil, Bulgaria, Chile, China, Colombia, Costa Rica, Croatia, Czech Republic, Dominican Republic, Ecuador, Egypt, El Salvador, Estonia, Gabon, Ghana, Greece, Hungary, India, Indonesia, Iraq, Jamaica, Jordan, Kazakhstan, Kenya, Kuwait, Latvia, Lebanon, Lithuania, Macau, Malaysia, Mauritius, Mexico, Morocco, Namibia, Oman, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Qatar, Romania, Russia, Saudi Arabia, Serbia, Slovakia, South Africa, Sri Lanka, Thailand, Trinidad and Tobago, Tunisia, Turkey, Ukraine, United Arab Emirates, Uruguay, Venezuela, Vietnam and Zambia
Share class explanation
Available for individual investors investing either with the assistance of Distributors or directly. No initial investment and minimum amount is required to invest. A sales charge up to 5.25% may be withheld by Distributors and other Intermediaries or by the Management Company, from any amount to be invested in Shares (a switch from one Fund to another is deemed a sale for this purpose).

Countries registered
Austria, Belgium, Denmark, Finland, France, Germany, Hong Kong, Iceland, Ireland, Italy, Luxembourg, Netherlands, Norway, Portugal, Singapore, South Korea, Spain, Sweden, Switzerland
Domicile
Luxembourg

As at 31 October 2024 (updated monthly)
Number of holdings	398
Total expense ratioA measure of the total costs associated with managing and operating an investment fund. These costs consist primarily of management fees and additional operating expenses, such as custody, fund administration, legal, fund registration, regulatory services and auditor fees, and other related operational expenses. Data is likely to evolve over time and does not constitute a commitment from the management company. Past results are not a guarantee of future results.	1.90 %

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Fund Facts

Fund launch date	28 October 2016
Share class launch date	28 October 2016
Fund size	$ 530.59m in base currency
Base currency	USD
Dealing frequency	Daily
Dealing cut off time	1:00pm CET on every Valuation Date
Distribution policyAny income generated from a fund is automatically invested back into it and reflected by an increase in the share price.	Accumulating
IndexThe information in relation to the index is provided for context and illustration only. This fund is an actively managed UCITS. It is not managed in reference to a benchmark index.	MSCI AC World Index with net dividends reinvested MSCI EM Index with net dividends reinvested
Management fee (pa.)The charges that are collected by the management company in order to compensate the Investment Advisers for their investment advisory services, as well as, where applicable, Distributors and other intermediaries, for services to investors or similar services in relation to investments made with their assistance. Additionally, entry charges may apply according to provisions described in the Prospectus.	1.750 %

Vehicle	SICAV Part 1 (UCITS V)
ISA eligibility	Yes
ISIN	LU1481180195
CUSIP	L14079625
SEDOL	BD07603
Bloomberg	CGNWFBU LX
Lipper	68385893
WKN	A2AQ39

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Investment team

Bradford F. Freer London30 years with Capital	Matt Hochstetler San Francisco10 years with Capital	Dawid Justus London19 years with Capital	Carl Kawaja San Francisco32 years with Capital
Winnie Kwan Hong Kong24 years with Capital	Rob Lovelace Los Angeles38 years with Capital	Piyada Phanaphat Hong Kong16 years with Capital	Akira Shiraishi Los Angeles20 years with Capital
Kirstie Spence London28 years with Capital	Tomonori Tani San Francisco19 years with Capital	Lisa Thompson New York29 years with Capital	Christopher Thomsen London26 years with Capital
Research Portfolio Research analysts are allocated part of the fund assets to manage