Morningstar

Nomura Systematic Emerging Markets Equity Fund Class C IPOCX

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  • NAV / 1-Day Return $19.31  /  +0.89 %
  • Fund Size $596.0M
  • Adjusted Expense Ratio 1.780%
  • Net Expense Ratio 1.800%
  • Fee Level: Distribution Low
  • Share Class Type Level Load
  • Morningstar Category Diversified Emerging Mkts
  • Equity Style Box (Funds) Large Value
  • Minimum Initial Investment $1,000
  • Investment Status Open
  • TTM Yield 1.58%
  • Turnover Ratio 39%
NAV and 1-Day Return as of

Morningstar’s Analysis IPOCX

Will IPOCX outperform in the future?

Get our overall rating based on a fundamental assessment of the pillars below.

  • Process Pillar

    The Process Pillar is our assessment of how sensible, clearly defined, and repeatable IPOCX’s performance objective and investment process is for both security selection and portfolio construction.

  • People Pillar

    The People Pillar is our evaluation of the IPOCX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

  • Parent Pillar

    The Parent Pillar is our rating of IPOCX’s parent organization’s priorities and whether they’re in line with investors’ interests.

No clear competitive advantage over its peers.

Director Eva Cook

Eva Cook

Director

Summary

Nomura Systematic Emerging Markets Equity strategy offers a good quantitative framework. However, the team’s limited cohesion, coupled with a process that has yet to deliver after undergoing fine-tuning, constrains its competitive edge.

by Eva Cook
Rated on Published on

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Portfolio Holdings IPOCX

More IPOCX Holdings
  • Current Portfolio Date
  • Equity Holdings —
  • Bond Holdings —
  • Other Holdings —
  • % Assets in Top 10 Holdings 51.2
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

18.19 118M
Technology

Samsung Electronics Co Ltd

10.06 65M
Technology

SK hynix Inc

5.80 38M
Technology

Powszechny Zaklad Ubezpieczen SA

3.16 20M
Financial Services

Petroleo Brasileiro SA Petrobras

2.79 18M
Energy

Firstrand Ltd

2.53 16M
Financial Services

NetEase Inc Ordinary Shares

2.52 16M
Communication Services

Bank Of China Ltd Class H

2.34 15M
Financial Services

Industrial And Commercial Bank Of China Ltd Class H

1.91 12M
Financial Services

Hon Hai Precision Industry Co Ltd

1.87 12M
Technology

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