HIEMX – Virtus SGA Emerging Markets Equity I Investment Strategy | Morningstar

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Strategy

The investment seeks capital appreciation. The fund offers investors exposure to emerging economies through well-established companies. Under normal circumstances, it invests at least 80% of its assets in equity securities or equity-linked instruments of issuers located in emerging markets countries; such issuers may be of any capitalization. Emerging markets countries generally include every nation in the world except the U.S., Canada, Japan, Australia, New Zealand and most nations located in Western Europe.

Ticker	Name	Share Class Type	Investment Status	Morningstar Rating for Funds Overall	Medalist Rating Overall	Inception Date	Total Net Assets for Share Class	Adjusted Expense Ratio	Fee Level Distribution	Minimum Initial Investment	1-Year Net Flow
HIEMX	Virtus SGA Emerging Markets Equity Fund Class I	Institutional	Open			Oct 20, 1997	$298.34M	1.210%	High	$100,000	−$54.06M
HEMZX	Virtus SGA Emerging Markets Equity Fund Class A	Front Load	Open			Aug 11, 1999	$76.29M	1.460%	High	$2,500	−$17.31M
PICEX	Virtus SGA Emerging Markets Equity Fund Class C	Level Load	Closed			Jun 26, 2006	$2.51M	2.210%	High	$2,500	−$1.99M
VREMX	Virtus SGA Emerging Markets Equity Fund Class R6	Retirement, Large	Open			Nov 12, 2014	$22.92M	0.980%	Average	$0	−$3.58M

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