Nomura Systematic Emerging Markets Eq A

Frequently Asked Questions About IPOAX

What does IPOAX invest in?

This fund typically allocates a minimum of 80% of its net assets to stocks, predominantly common shares, issued by companies either based in emerging market nations or having substantial economic ties to them. The portfolio has the flexibility to commit its entire total assets to international securities, including depositary receipts from non-domestic entities. Additionally, up to one-fifth (20%) of its net assets can be directed towards companies lacking a geographic or economic connection to emerging markets.

What is the expense ratio of IPOAX?

Nomura Systematic Emerging Markets Eq A (IPOAX) charges an expense ratio of 1.05%. This is the annual fee deducted from fund assets to cover management and operations.

How big is IPOAX?

Nomura Systematic Emerging Markets Eq A (IPOAX) manages $3.11B 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 IPOAX actively managed or an index fund?

IPOAX is actively managed: the manager selects holdings rather than tracking an index. Active funds typically charge higher expense ratios than index funds (IPOAX's is 1.05%) in exchange for the discretion to over- or under-weight positions.

When was IPOAX launched?

Nomura Systematic Emerging Markets Eq A (IPOAX) launched in October 1993 and is managed by Nomura.

How has IPOAX performed?

IPOAX'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.