Active approach
Seeking to take advantage of short-term divergences in market price and intrinsic business value
Fundamental, bottom-up process
Focusing on companies rather than countries
Emphasis on sustainable franchises
With long-term growth prospects trading at attractive valuations
Fund (not by share class)
Objective: The Fund aims to achieve long-term capital appreciation. The focus of the Fund’s investments is on a broad range of equity securities (shares and other similar instruments) of companies located in emerging market countries. At least 80% of the assets of the Fund will normally be invested in such investments.
| Fund inception date | 31 January 2020 |
| Asset class | Equity |
| Currencies available | USD/EUR/GBP |
| Fund type | SICAV |
| SFDR | - |
SICAV Umbrella Documentation
USSC - Closing of Liquidation (15 December 2022)
Swing Pricing (16 November 2022)
GMAAR - Closing of Liquidation (30 September 2022)
ARMBS - Closing of the Liquidation (30 March 2021)
Swing Pricing and RBC Outsourcing (24 December 2020)
Change of Share Class Name of all Sub-Fund & Risk Warning of CNS (15 January 2018)
Fee Changes: UCITS V (1 December 2016)
Change in Depository Fees (9 September 2016)
Cut-off, Change to Class C Shares and Reduced ManFee (2 November 2015)
Fund Documentation
Risks:
- International investments entail risks including fluctuation in currency values, differences in accounting principles, or economic or political instability. Investing in emerging markets can be riskier than investing in established foreign markets due to increased volatility, lower trading volume, and higher risk of market closures. In many emerging markets, there is substantially less publicly available information and the available information may be incomplete or misleading. Legal claims are generally more difficult to pursue.
- Some accounts within the composite may invest up to 15% of its net assets in illiquid securities, which may include securities with contractual restrictions on resale, securities exempt from registration under Rule 144A of the Securities Act of 1933, as amended, and other securities which may not be readily marketable. The use of illiquid securities is strictly constrained by client investment policy.
- IBOR risk is the risk that changes related to the use of the London interbank offered rate (LIBOR) or similar rates (such as EONIA) could have adverse impacts on financial instruments that reference these rates. The abandonment of these rates and transition to alternative rates could affect the value and liquidity of instruments that reference them and could affect investment strategy performance.
- The disruptions caused by natural disasters, pandemics, or similar events could prevent the Strategy from executing advantageous investment decisions in a timely manner and could negatively impact the Strategy’s ability to achieve its investment objective and the value of the Strategy’s investments.