| XFRA Exchange | United States Country |
The company focuses on investments primarily within the emerging markets sector, aiming to allocate at least 80% of its assets towards securities issued by entities based in these regions or those economically tied to the emerging markets. These markets are characterized by their developing economic structures, including those classified by the MSCI as having emerging stock markets, countries or markets classified by the World Bank with low- to middle-income economies, and other regions identified by the Adviser as sharing similar characteristics of emerging markets. The fund adopts a non-diversified approach, potentially concentrating its investments more heavily in fewer issuers compared to diversified funds.
This product focuses on investing in securities, such as stocks or bonds, of companies that are based in emerging markets. By targeting issuers within these dynamically growing regions, the fund aims to leverage the potential high-growth opportunities provided by these economies.
These are financial instruments issued by banks that represent a specific number of shares in a foreign company's stock traded on a local stock exchange. By investing in depositary receipts, the fund can gain exposure to the emerging markets' growth while mitigating some of the risks associated with direct investments in foreign securities.
Beyond direct securities and depositary receipts, the fund may also invest in other types of financial instruments that are economically tied to the performance of emerging markets. These can include derivatives or debt instruments that offer exposure to the growth and development of these regions, aiming to diversify the investment strategy and potentially mitigate risks.