Redwheel Global Emerging Equity Fund Institutional Class (RWCEX)

Overview

The fund described primarily focuses on investment in equity securities of companies based in emerging and frontier markets. It commits at least 80% of its net assets, plus any borrowings intended for investment purposes, to such financial instruments. The fund diversifies its investment across a minimum of three emerging or frontier market countries, showcasing a broad geographical coverage. This strategy not only aims at capturing growth in these rapidly developing regions but also spreads the risk across different markets. Furthermore, the fund’s investment approach is flexible, accommodating a variety of instruments including derivatives and shares of other investment companies, such as ETFs, that mirror the economic characteristics of emerging market equity securities. This allows for a versatile portfolio that can adapt to different market conditions and opportunities. Additionally, the fund considers investments in "out-of-the-money" convertible securities and is open to including companies of any market capitalization, further expanding its scope and potential for investment diversification.

Products and Services

• Equity Securities of Emerging Market Companies: The core product of the fund involves substantial investment in equities or stock of companies located within emerging or frontier markets. This includes a wide range of sectors and industries, providing potential growth opportunities from rapidly developing economies.

• Derivative Instruments: Part of the fund's investments goes into derivatives and other financial instruments that are linked to the performance of emerging market securities. These can include options, futures, and swaps that may be used for hedging purposes, to increase leverage, or to gain exposure to diverse markets without directly purchasing the underlying assets.

• Shares of Investment Companies and ETFs: The fund also invests in shares of other investment companies and ETFs that focus on emerging markets. This method provides an additional layer of diversification and exposure to a broad range of emerging market equities through a single investment vehicle.

• "Out-of-the-Money" Convertible Securities: Investing in "out-of-the-money" convertible securities represents a more speculative approach. These are convertible bonds or preferred stocks that are convertible into the common stock of the issuing company at a conversion price well above the current market price. This investment can provide upside potential if the company’s stock price increases significantly.

• Companies with Any Market Capitalization: The fund's investment is not restricted by the size of the company. This means it can invest in small-cap, mid-cap, and large-cap companies, offering a wide range of investment opportunities across various stages of corporate growth in emerging and frontier markets.