- What does DEMAX invest in?
- The investment seeks long-term capital appreciation. The fund invests primarily in a broad range of equity securities of companies located in emerging market countries. These countries typically are located in the Asia-Pacific region, Eastern Europe, the Middle East, Central America, South America, and Africa. Under normal circumstances, at least 80% of the fund's net assets, plus the amount of any borrowings for investment purposes, will be invested in emerging market issuers.
- What is the expense ratio of DEMAX?
- Nomura Emerging Markets A (DEMAX) charges an expense ratio of 1.40%. This is the annual fee deducted from fund assets to cover management and operations.
- How big is DEMAX?
- Nomura Emerging Markets A (DEMAX) manages $12.20B in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
- Is DEMAX actively managed or an index fund?
- DEMAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (DEMAX's is 1.40%) in exchange for the discretion to over- or under-weight positions.
- When was DEMAX launched?
- Nomura Emerging Markets A (DEMAX) launched in June 1996 and is managed by Nomura.
- How has DEMAX performed?
- DEMAX's total return (price change plus reinvested distributions) is charted at the top of this page. Switch the price chart to Total Return and pick a 1-year, 3-year, 5-year, or 10-year window to read the compound annual growth rate (CAGR) over each horizon.
