| XHAM Exchange | US Country |
This fund focuses on investing primarily in securities from emerging markets in the Asian Pacific region. It adheres to a strategy of allocating at least 80% of its total assets into securities that make up its underlying index or in depositary receipts based on the securities from the index. The underlying index is characterized by a float-adjusted market capitalization weighted mechanism, aimed at capturing and quantifying the investable landscape of publicly traded companies headquartered within emerging Asian Pacific markets. Emphasizing its specialized investment approach, the fund is non-diversified, indicating a concentrated investment in the assets it holds.
This product focuses on investment in securities that are part of the fund’s index, which represents the investable universe of publicly traded companies in emerging Asian Pacific markets. These securities include stocks of companies that have significant growth potential in emerging markets, characterized by their market capitalization and adjusted for free float to maintain investment relevance and accuracy.
The fund also invests in depositary receipts, which are negotiable financial instruments issued by banks to represent a foreign company's publicly traded securities. By investing in depositary receipts based on the securities comprising the index, the fund offers exposure to emerging Asian Pacific markets’ equities without the need for investors to engage directly with foreign stock exchanges, simplifying the investment process and providing a level of risk management.