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, Barbados, 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, Malaysia, Maldives, Mauritius, Mexico, Montenegro, 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
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 May 2026 (updated monthly)
Number of holdings418
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.
1.75 %

Fund Facts

Fund launch date28 October 2016
Share class launch date28 October 2016
Fund size$ 875.19m
in base currency
Base currencyUSD
Dealing frequencyDaily
Dealing cut off time1:00pm 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 EM Index with net dividends reinvested
MSCI AC World 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.
1.600 %
VehicleSICAV Part 1 (UCITS V)
ISA eligibilityYes
ISINLU1481180195
CUSIPL14079625
SEDOLBD07603
BloombergCGNWFBU LX
Lipper68385893
WKNA2AQ39

Investment team

Bradford F. Freer

London32 years with Capital

Matt Hochstetler

San Francisco12 years with Capital

Saurav Jain

London18 years with Capital

Dawid Justus

London21 years with Capital

Carl Kawaja

San Francisco34 years with Capital

Winnie Kwan

Hong Kong26 years with Capital

Piyada Phanaphat

Hong Kong18 years with Capital

Akira Shiraishi

Los Angeles22 years with Capital

Kirstie Spence

London30 years with Capital

Tomonori Tani

San Francisco21 years with Capital

Lisa Thompson

New York31 years with Capital

Christopher Thomsen

London28 years with Capital

Research Portfolio

Research analysts are allocated part of the fund assets to manage