- 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?
- Macquarie Systematic Emerging Markets Equity Fund 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?
- Macquarie Systematic Emerging Markets Equity Fund A (IPOAX) manages $3.18B 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's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.
- When was IPOAX launched?
- Macquarie Systematic Emerging Markets Equity Fund A (IPOAX) launched in October 1993 and is managed by the fund issuer.
- 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.
