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Morningstar

Delaware Emerging Markets A DEMAX

Morningstar Medalist Rating
Medalist Rating as of | See Macquarie Investment Hub
  • NAV / 1-Day Return 17.93  /  1.05 %
  • Total Assets 4.6 Bil
  • Adj. Expense Ratio
    1.450%
  • Expense Ratio 1.450%
  • Distribution Fee Level Average
  • Share Class Type Front Load
  • Category Diversified Emerging Mkts
  • Investment Style Large Blend
  • Min. Initial Investment 1,000
  • Status Open
  • TTM Yield 1.49%
  • Turnover 11%

USD | NAV as of Sep 20, 2023 | 1-Day Return as of Sep 20, 2023, 10:21 PM GMT+0

Morningstar’s Analysis DEMAX

Will DEMAX outperform in future?

Get our overall rating based on a fundamental assessment of the pillars below.

Process Pillar

The Process Pillar is our assessment of how sensible, clearly defined, and repeatable DEMAX’s performance objective and investment process is for both security selection and portfolio construction.

People Pillar

The People Pillar is our evaluation of the DEMAX management team’s experience and ability. We find that high-quality management teams deliver superior performance relative to their benchmarks and/or peers.

Parent Pillar

The Parent Pillar is our rating of DEMAX’s parent organization’s priorities and whether they’re in line with investors’ interests.

Strength in Delaware Emerging Markets A's Process Pillar is partially offset by an Average People Pillar rating, leading to a Morningstar Medalist Rating of Neutral.

null Morningstar Manager Research

Morningstar Manager Research

Summary

Fees are a weakness here. The strategy's lofty fees are a high hurdle to clear, as it is priced within the second-highest quintile among peers.

by Morningstar Manager Research
Rated on Published on

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Portfolio Holdings DEMAX

More DEMAX Holdings
  • Current Portfolio Date
  • Equity Holdings 119
  • Bond Holdings 1
  • Other Holdings 18
  • % Assets in Top 10 Holdings 54.0
Top 10 Holdings
% Portfolio Weight
Market Value USD
Sector

Taiwan Semiconductor Manufacturing Co Ltd

10.91
557,332,188
Technology

SK Hynix Inc

6.61
337,870,004
Technology

Reliance Industries Ltd

6.37
325,441,116
Energy

Samsung Electronics Co Ltd

5.57
284,752,677
Technology

SK Square

4.79
244,928,778
Technology

Tencent Holdings Ltd

4.45
227,211,530
Communication Services

MediaTek Inc

4.34
221,579,877
Technology

Alibaba Group Holding Ltd ADR

3.88
198,190,400
Consumer Cyclical

Kweichow Moutai Co Ltd Class A

3.61
184,196,453
Consumer Defensive

Wuliangye Yibin Co Ltd Class A

3.47
177,283,381
Consumer Defensive