The investment team seeks to invest in companies that are uniquely positioned to benefit from the growth potential in emerging markets and that possess a sustainable global competitive advantage.
As of 31 March 2021 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTZX | 0.92 | 0.92 | 66.08 | 6.37 | 13.34 | 3.13 | 1.97 |
MSCI Emerging Markets Index | 2.29 | 2.29 | 58.39 | 6.48 | 12.07 | 3.65 | 3.09 |
Investor Class: ARTZX (Linked) | — | — | — | — | — | — | 5.95 |
MSCI Emerging Markets Index | — | — | — | — | — | — | 6.84 |
As of 31 March 2021 | QTD | YTD | 1 Yr | 3 Yr | 5 Yr | 10 Yr | Inception |
---|---|---|---|---|---|---|---|
Investor Class: ARTZX | 0.92 | 0.92 | 66.08 | 6.37 | 13.34 | 3.13 | 1.97 |
MSCI Emerging Markets Index | 2.29 | 2.29 | 58.39 | 6.48 | 12.07 | 3.65 | 3.09 |
Investor Class: ARTZX (Linked) | — | — | — | — | — | — | 5.95 |
MSCI Emerging Markets Index | — | — | — | — | — | — | 6.84 |
2016 | 2017 | 2018 | 2019 | 2020 | |
---|---|---|---|---|---|
Investor Class: ARTZX | 16.39 | 39.95 | -15.57 | 19.80 | 20.76 |
MSCI Emerging Markets Index | 11.19 | 37.28 | -14.57 | 18.42 | 18.31 |
Morningstar Rating Disclosure
Star ratings are based on risk-adjusted returns. The Overall Morningstar Rating for a fund is derived from a weighted average of the performance figures associated with its 3-year, 5-year, and 10-year Morningstar Ratings metrics. 697 funds in the overall Diversified Emerging Markets category. View full Fund ratings.
Gross | Net | |
Annual Report 30 September 2020 | 1.73% | 1.35% |
Prospectus 30 September 2020 | 1.73% | 1.35% |
Net expenses reflect a contractual expense limitation agreement in effect through 31 January 2022. See prospectus for further details.
Top 10 Holdings (% of total portfolio as of 31 March 2021) |
|
---|---|
Taiwan Semiconductor Manufacturing Co Ltd (Taiwan) | 9.1 |
Samsung Electronics Co Ltd (Korea) | 8.2 |
Alibaba Group Holding Ltd (China) | 7.6 |
Prosus NV (Netherlands) | 3.3 |
MercadoLibre Inc (Argentina) | 3.1 |
MediaTek Inc (Taiwan) | 3.0 |
Polyus PJSC (Russia) | 2.4 |
E Ink Holdings Inc (Taiwan) | 2.1 |
ICICI Bank Ltd (India) | 2.0 |
Baidu Inc (China) | 2.0 |
Total | 42.7% |
Portfolio Statistics (as of 31 March 2021) |
|
---|---|
Median Market Cap (USD Billions) | $10.4 |
Weighted Avg. Market Cap (USD Billions) | $168.1 |
Weighted Harmonic Avg. P/E (FY1) | 19.0X |
Weighted Avg. LT EPS Growth Rate (3-5 Yr) | 28.4% |
Weighted Avg. ROE | 12.5% |
Number of Securities | 65 |
Off-Benchmark Exposure | 30.6% |
Small-Cap Exposure | 9.4% |
Portfolio Turnover Rate | 21.6% |
Cash (% of total portfolio) | 2.2% |
Region Allocation (% of total portfolio equities as of 31 March 2021) |
|
---|---|
|
|
Emerging Asia | 63.9 |
Latin America | 15.7 |
Europe, Middle East and Africa | 14.4 |
Developed Markets | 6.0 |
Total | 100.0% |
Top 10 Countries (% of total portfolio equities as of 31 March 2021) |
|
---|---|
China | 23.5 |
Taiwan | 16.1 |
Korea | 12.0 |
Russia | 8.8 |
India | 8.6 |
Brazil | 5.9 |
Argentina | 4.0 |
Netherlands | 3.3 |
South Africa | 2.3 |
Greece | 2.2 |
Sector Diversification (% of total portfolio equities as of 31 March 2021) |
|
---|---|
Consumer Goods | 17.4 |
Extractives & Minerals Processing | 9.8 |
Financials | 15.4 |
Food & Beverage | 3.3 |
Health Care | 6.7 |
Infrastructure | 1.5 |
Renewable Resources & Alternative Energy | 2.8 |
Resource Transformation | 5.1 |
Services | 1.6 |
Technology & Communications | 35.1 |
Transportation | 1.3 |
Total | 100.0% |