Redwheel Next Generation Emerging Markets Equity Fund LA EUR (ICW0)

Overview

The Redwheel Next Generation Emerging Markets Equity Fund LA EUR is a specialized share class of an equity mutual fund that concentrates on achieving long-term capital appreciation. This fund primarily invests in the securities of companies operating in smaller emerging markets and frontier equity markets worldwide. It strategically targets undervalued opportunities that often exist amid controversy, aiming to provide premium yields, sustainable dividends, and attractive valuations. Launched on April 24, 2019, the fund is managed by experienced professionals James Johnstone and Victor Erch. As of recent data, the fund maintains around 96 positions, with an impressive total fund AUM of approximately $1.8 billion and a strategy AUM of about $2.2 billion.

The LA EUR class is marked by a management fee of 2.00%, a performance fee of 0.35%, and a total expense ratio of 2.40%. Investors are required to make a minimum investment of 25,000 EUR or USD to participate. The fund places a significant emphasis on Environmental, Social, and Governance (ESG) characteristics, ensuring allocations to companies with low ESG risk ratings, weighted average carbon intensity metrics, and an overall fund ESG quality score that evaluates resilience against long-term ESG risks. By providing diversified exposure to high-growth potential regions often overlooked by broader emerging market strategies, this fund seeks to harness the growth prospects of unique and dynamic markets.

Products and Services

• Equity Mutual Fund:

  The primary offering of the fund, focusing on long-term capital appreciation through investments in shares of companies primarily in smaller emerging and frontier markets.

• ESG Investment Focus:

  The fund prioritizes companies with favorable ESG attributes, investing in those that show low ESG risk ratings and sustainability in their practices. This approach aims to mitigate risks while ensuring ethical investment.

• Diversified Portfolio:

  With approximately 96 positions in its portfolio, the fund seeks to provide exposure to a broad array of industries and sectors, capturing opportunities in various emerging markets globally.

• Management Expertise:

  Led by seasoned professionals, James Johnstone and Victor Erch, the fund benefits from years of combined experience in managing equity investments in emerging markets.

• Performance and Fees Structure:

  Investors can anticipate a management fee of 2.00% and a performance fee of 0.35%, with a total expense ratio of 2.40%. Understanding this fee structure is crucial for investors to gauge the potential net returns on their investments.

• Minimum Investment Requirement:

  The fund imposes a minimum investment threshold of 25,000 EUR or USD, allowing entry for serious investors committed to capitalizing on emerging market opportunities.