Nomura Climate Solutions Fund;A

Frequently Asked Questions About IEYAX

What does IEYAX invest in?

The fund seeks to achieve its objective by investing in securities of U.S. and non-U.S. issuers, including non-dollar securities and securities of emerging market issuers. It focuses its investments on equity securities and equity-related investments and may invest in common and preferred stocks, convertible securities and warrants of companies of any market capitalization. The fund is non-diversified.

What is the expense ratio of IEYAX?

Nomura Climate Solutions Fund;A (IEYAX) charges an expense ratio of 1.24%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IEYAX?

Nomura Climate Solutions Fund;A (IEYAX) manages $121.4M 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 IEYAX actively managed or an index fund?

IEYAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IEYAX's is 1.24%) in exchange for the discretion to over- or under-weight positions.

When was IEYAX launched?

Nomura Climate Solutions Fund;A (IEYAX) launched in April 2006 and is managed by Nomura.

How has IEYAX performed?

IEYAX'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.