Macquarie Systematic Emerging Markets Equity offers a compelling quantitative framework. However, the team’s limited midlevel depth, coupled with a process undergoing fine-tuning, constrains its competitive edge.
Nomura Systematic Emerging Markets Equity Fund Class A IPOAX
- NAV / 1-Day Return 26.65 / −1.48 %
- Total Assets 699.0M
-
Adj. Expense Ratio
1.050%
- Expense Ratio 1.050%
- Distribution Fee Level Low
- Share Class Type Front Load
- Category Diversified Emerging Mkts
- Investment Style Large Value
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 1.70%
- Turnover 39%
USD | NAV as of Jun 18, 2026 | 1-Day Return as of Jun 18, 2026, 12:11 AM GMT+0
Morningstar’s Analysis IPOAX
Will IPOAX outperform in the future?
Get our overall rating based on a fundamental assessment of the pillars below.
People Pillar
The People Pillar is our evaluation of the IPOAX 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 IPOAX’s parent organization’s priorities and whether they’re in line with investors’ interests.
- Current Portfolio Date
- Equity Holdings —
- Bond Holdings —
- Other Holdings —
- % Assets in Top 10 Holdings 47.6
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 17.98 | 122M | Technology |
Samsung Electronics Co Ltd | 8.23 | 56M | Technology |
SK Hynix Inc | 3.77 | 26M | Technology |
Tencent Holdings Ltd | 3.20 | 22M | Communication Services |
Petroleo Brasileiro SA Petrobras Participating Preferred | 3.06 | 21M | Energy |
Powszechny Zaklad Ubezpieczen SA | 2.65 | 18M | Financial Services |
NetEase Inc Ordinary Shares | 2.29 | 16M | Communication Services |
Bank Of China Ltd Class H | 2.21 | 15M | Financial Services |
PICC Property and Casualty Co Ltd Class H | 2.09 | 14M | Financial Services |
MTN Group Ltd | 2.08 | 14M | Communication Services |
United States