Active M Emerging Markets Equity
The Active M Emerging Markets Equity Fund may be a good choice for those long-term investors looking to diversify their portfolio by pursuing the growth potential of emerging and frontier market equity securities. The Fund utilizes a "multi-manager" approach whereby the Fund's assets are allocated to one or more sub-advisers, in percentages determined at the discretion of the Fund's investment adviser. Each Sub-Adviser acts independently from the others and utilizes its own distinct investment style in selecting securities while seeking long-term capital appreciation. Any income received is incidental to the Fund's objective.
- Invest at least 80% of net assets in equity securities of emerging and frontier markets — emerging and frontier markets are defined as markets in MSCI Emerging Markets Index and MSCI Frontier Markets Index.
- Select complementary investment strategies from a broad universe of investment managers, where manager selection and allocations are determined using a multi-factor based screening and optimization approach, augmented with deep qualitative and fundamental due diligence.
- Blend managers into a single fund in an effort to provide an attractive combination of risk/return.
- Designed to deliver robust alpha and broad diversification, while maintaining factor neutral biases (such as size, value and momentum) across emerging markets equities.
If you're a long-term investor looking to diversify your investments by pursuing
the growth potential of emerging and frontier market equities, then this Fund may
be right for you. It is intended for investors who are aware that foreign markets
may involve additional risks, such as social and political instability, reduced market
liquidity and currency volatility.
Investing in emerging markets entails extra risk. The securities markets of emerging countries are less liquid, more volatility, and less regulated than the markets of more developed countries. This risk is magnified in frontier countries since they generally have smaller economies or less developed capital markets than traditional emerging markets.
2% on shares sold or exchanged within 30 days of purchase
Sub-Advisers and Allocations subject to change at any time.
|SUB-ADVISER||TARGET ALLOCATION*||ROLE IN PORTFOLIO|
|Axiom International Investors, LLC||40%||Opportunistic bottom-up growth strategy seeks to identify high-quality companies exhibiting signs of improvement and/or acceleration in key business drivers.|
|Westwood Global Investments, LLC||40%||Value-oriented, opportunistic investment approach. The portfolio tends to exhibit a less benchmark-oriented approach to value investing.|
|PanAgora Asset Management, Inc.||20%||Highly diversified quantitative value approach that derives alpha through stock selection, utilizing a broad range of factors. Expected to provide consistent risk-adjusted performance as a result of its diversified investment approach.|