| Name | Quantity | Cost | Value | Profit ($) | Gain (%) |
|---|---|---|---|---|---|
| JD Jim Dushek HARBOUR INVESTMENTS Inc. | 284 | $20,000.32 | $26,467.38 | $6,467.06 | 32.33% |
| SL Shad Lamm Keystone Wealth Services LLC | 7,462 | $613,077.92 | $691,130.44 | $78,052.52 | 12.73% |
Christopher C. Powers Farther Finance Advisors, LLC | 6,180 | $468,964.49 | $560,715.11 | $91,750.62 | 19.56% |
KURT TRAULSEN EVOLUTION WEALTH MANAGEMENT INC. | 159 | $11,357 | $14,618.46 | $3,261.46 | 28.72% |
Chandler te Velde Maia Wealth LLC | 15,582 | $1.13M | $1.43M | $303,268.62 | 26.85% |
| NASDAQ (NMS) Exchange | US Country |
The fund primarily focuses on investing a minimum of 80% of its net assets, including investment borrowings, in a diverse portfolio of equity securities originating from emerging market companies. This investment strategy encompasses a broad spectrum of financial instruments, ranging from common stock and depositary receipts to more specialized options like common and preferred shares of real estate investment trusts (REITs). The fund is designed to accommodate the intricacies of emerging market investments by incorporating forward foreign currency exchange contracts and currency spot transactions. These financial tools are employed to mitigate the risks associated with fluctuations in the currency values of the fund's underlying assets, thus providing a hedge against currency exposure. Investment in companies across various market capitalizations, including small, mid, and large-cap entities, enables the fund to pursue opportunities across the growth spectrum in emerging markets.
The core of the fund's investment strategy lies in equity securities of emerging market companies. This includes traditional investments in common stock which provide ownership in a company and a claim on a portion of its profits. By investing in these securities, the fund aims to capitalize on the growth potential of emerging markets globally.
Depositary receipts, encompassing American Depositary Receipts (ADRs) and Global Depositary Receipts (GDRs), offer a means for the fund to invest in foreign companies with the convenience of trading in U.S. and global markets. These instruments make it easier for the fund to diversify its investment portfolio across various geographies without the complexities of direct investments in foreign stock exchanges.
By including common and preferred shares of REITs in its investment portfolio, the fund gains exposure to real estate markets in emerging economies. REITs offer a unique blend of income generation and capital appreciation opportunities, deriving income from property leases and the potential for price appreciation of real estate assets.
To protect the value of the fund's investments from adverse currency movements, forward foreign currency exchange contracts and currency spot transactions are employed as hedging tools. These instruments enable the fund to lock in exchange rates or execute immediate trades, reducing the potential impact of currency volatility on the investment returns.