Emerging Markets Growth Fund
Investment Objective
Capital appreciation
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Fund Characteristics
The Fund seeks to invest in emerging markets companies across the market cap spectrum with superior quality and growth characteristics relative to competitors.
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Investment Approach
- The Fund invests at least 80% of its net assets in emerging markets' securities
- Normally the Fund's investments will be allocated among at least six different countries and will not concentrate investments in any particular industry
- The Fund will seek investment opportunities in companies at different stages of development ranging from large well-established companies to smaller companies at an earlier stage of development
Why Consider This Fund?
- Provides a diversified all cap portfolio with consistent small cap exposure and a broad allocation to sectors and countries – including frontier markets
- Historically consumer-focused, reflecting a growing opportunity set
- Managed by a seasoned team with decades of emerging markets experience
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International investing involves special risk considerations, including currency fluctuations, lower liquidity, economic and political risk. Investing in emerging markets can increase these risks.
Investments in initial public offerings (IPOs) during favorable market conditions have significantly contributed to the Emerging Markets Growth Fund's performance since its inception. As the Fund grows in size or as market conditions for IPOs become less favorable, the impact of IPOs is likely to diminish.