The Martin Currie Emerging Markets strategy's experienced and tenured team consistently applies its quality-growth process. The team has been tested, though, with performance challenges during previous geopolitical risks, China-specific volatility, and cyclical weakness in some of its technology holdings. Andrew Mathewson now leads the seven-person team-driven process, with long-standing portfolio manager Alastair Reynolds continuing to play an active role. The team's structure—where every member is both an analyst and a portfolio manager with equal voting rights—encourages rigorous debate and effectively mitigates key-person risk.
ClearBridge Emerging Markets Fund Class A MACEX
- NAV / 1-Day Return 21.09 / +0.72 %
- Total Assets 427.3M
-
Adj. Expense Ratio
1.300%
- Expense Ratio 1.310%
- Distribution Fee Level Below Average
- Share Class Type Front Load
- Category Diversified Emerging Mkts
- Investment Style Large Growth
- Min. Initial Investment 1,000
- Status Open
- TTM Yield 0.23%
- Turnover 25%
USD | NAV as of Jun 13, 2026 | 1-Day Return as of Jun 13, 2026, 12:54 AM GMT+0
Morningstar’s Analysis MACEX
Will MACEX 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 MACEX 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 MACEX’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 52.1
|
Top 10 Holdings
|
% Portfolio Weight
|
Market Value USD
|
Sector
|
|---|---|---|---|
Taiwan Semiconductor Manufacturing Co Ltd | 15.46 | 61M | Technology |
Samsung Electronics Co Ltd | 9.33 | 37M | Technology |
SK Hynix Inc | 7.18 | 28M | Technology |
Tencent Holdings Ltd | 5.39 | 21M | Communication Services |
Delta Electronics Inc | 3.72 | 15M | Technology |
Shinhan Financial Group Co Ltd | 2.65 | 10M | Financial Services |
Taiwan Semiconductor Manufacturing Co Ltd ADR | 2.31 | 9M | Technology |
Western Asset Instl US Trs Rsrvs Instl | 2.14 | 8M | Cash and Equivalents |
HDFC Bank Ltd ADR | 2.07 | 8M | Financial Services |
Contemporary Amperex Technology Co Ltd Class A | 2.02 | 8M | Industrials |
United States