Erste Stock EM Global (0WX0)

Overview

Erste Stock EM Global is an equity mutual fund managed by Erste Asset Management GmbH, situated in Vienna, Austria. Established in 2002, the fund primarily allocates a minimum of 51% of its assets into stocks belonging to companies that are either domiciled in or operate within global emerging markets. Its primary objectives encompass capital growth and current income, achieved through direct investments in individual securities rather than utilizing derivatives or other mutual funds.

The fund places a strong emphasis on high-quality, growth-oriented companies across various market capitalizations and sectors. Additionally, it permits an allocation of up to 10% in other investment funds to diversify the investment strategy. The fund showcases notable country exposures that primarily include China (27%), Taiwan (15.5%), India (14.5%), South Korea (9.4%), and Brazil (5.6%). Among its leading holdings are prominent companies such as Taiwan Semiconductor Manufacturing and Tencent Holdings. The fund is denominated in euros and follows an accumulating strategy, with a fund volume of around 242 million euros and ongoing costs approximately amounting to 2.11%. Through this investment vehicle, Erste Stock EM Global provides European investors with diversified access to the dynamic growth potential of emerging market equities while also integrating environmental, social, and governance factors into its selection process.

Products and Services

• Equity Mutual Fund

  Erste Stock EM Global primarily functions as an equity mutual fund, investing mainly in stocks of companies from emerging markets. This allows investors to participate in the potential growth of these markets while benefiting from professional management and diversification.

• Direct Security Holdings

  The fund focuses on direct holdings in individual securities instead of derivatives or alternative funds, which helps maintain transparency and allows for a focused investment strategy that caters to growth-oriented companies.

• Investment in Emerging Markets

  By targeting emerging markets, the fund aims to tap into the growth potential of rapidly developing economies, focusing on markets such as China, India, and Brazil, which are known for their dynamic economic landscapes.

• Diverse Sector Exposure

  The fund invests across various sectors, providing broader exposure to different industry dynamics which can help mitigate risk and enhance returns for investors over time.

• Environmental, Social, and Governance (ESG) Integration

  In aligning with modern investment trends, the fund incorporates ESG factors into its investment processes, appealing to socially conscious investors seeking responsible investment opportunities.

• Low Cost of Investment

  With ongoing costs around 2.11%, Erste Stock EM Global strives to maintain a competitive pricing structure, ideal for European investors looking to invest in emerging markets without incurring excessive fees.