Aberdeen Emerging Markets Instl Svc
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
Vitals
YTD Return
9.7%
1 yr return
-19.0%
3 Yr Avg Return
-4.6%
5 Yr Avg Return
-4.3%
Net Assets
$3.25 B
Holdings in Top 10
40.8%
52 WEEK LOW AND HIGH
Expenses
OPERATING FEES
Expense Ratio 1.21%
SALES FEES
Front Load N/A
Deferred Load N/A
TRADING FEES
Turnover 37.26%
Redemption Fee N/A
Min Investment
Standard (Taxable)
$1,000,000
IRA
N/A
Fund Classification
Fund Type
Open End Mutual Fund
Name
Price
Aum/Mkt Cap
YIELD
Exp Ratio
Watchlist
AEMSX - Profile
Distributions
- YTD Total Return 9.7%
- 3 Yr Annualized Total Return -4.6%
- 5 Yr Annualized Total Return -4.3%
- Capital Gain Distribution Frequency Annually
- Net Income Ratio 0.56%
- Dividend Yield 1.7%
- Dividend Distribution Frequency Annually
Fund Details
-
Legal Nameabrdn Emerging Markets Fund
-
Fund Family NameAberdeen
-
Inception DateNov 23, 2009
-
Shares OutstandingN/A
-
Share ClassInst
-
CurrencyUSD
-
Domiciled CountryUnited States
-
ManagerDevan Kaloo
Fund Description
The Emerging Markets Fund will invest primarily in common stocks, but may also invest in other types of equity securities, including, but not limited to, preferred stock and depositary receipts. As a non-fundamental policy, under normal circumstances, the Fund invests at least 80% of the value of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies. An emerging market country is any country determined by the Adviser or Subadviser to have an emerging market economy, considering factors such as the country’s credit rating, its political and economic stability and the development of its financial and capital markets. Emerging market countries include every nation in the world except the United States, the United Kingdom, Canada, Japan, Australia, New Zealand, Israel, Hong Kong, Singapore and most countries located in Western Europe. A company is considered to be an emerging market company if Fund management determines that the company meets one or more of the following criteria:
● | the company is organized under the laws of, or has its principal office in an emerging market country; |
● | the company has its principal securities trading market in an emerging market country; and/or |
● | the company derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in an emerging market country. |
At times, the Fund may have a significant amount of its assets invested in a country or geographic region. The Fund may invest in securities denominated in U.S. Dollars and currencies of emerging market countries in which it is permitted to invest. The Fund typically has full currency exposure to those markets in which it invests.
The Fund may invest in securities of any market capitalization, including small and mid-cap securities.
The Fund may invest in securities of any market sector and may hold a significant amount of securities of companies, from time to time, within a single sector. The Fund currently anticipates that it will have significant exposure to the information technology sector.
In seeking to achieve the Fund’s investment objective, the Adviser and Sub-advisers invest in quality companies and are an active, engaged owners. The Adviser and Sub-advisers evaluate every company against quality criteria and build conviction using a team-based approach and peer review process. The quality assessment covers five key factors: 1) the durability of the business model, 2) the attractiveness of the industry, 3) the strength of financials, 4) the capability of management, and 5) assessment of the company’s environmental, social and governance (“ESG”) credentials. The Adviser and Sub-advisers seek to understand what is changing in companies, industries and markets but is not being priced into the market or is being mispriced. Through deep, fundamental research, supported by a global research presence and proprietary tools, the Adviser and Sub-advisers seek to identify companies whose quality is not yet fully recognized by the market.
AEMSX - Performance
Return Ranking - Trailing
Period | AEMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -32.7% | 23.1% | 54.63% |
1 Yr | -19.0% | -50.4% | 9.7% | 79.23% |
3 Yr | -4.6%* | -20.9% | 68.1% | 75.85% |
5 Yr | -4.3%* | -13.9% | 33.2% | 69.98% |
10 Yr | -1.5%* | -11.8% | 11.5% | 78.01% |
* Annualized
Return Ranking - Calendar
Period | AEMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -27.6% | -50.1% | 15.9% | 75.00% |
2021 | -7.9% | -30.3% | 16.3% | 84.70% |
2020 | 8.2% | -7.2% | 79.7% | 19.89% |
2019 | 4.2% | -14.2% | 9.4% | 54.95% |
2018 | -3.4% | -11.5% | 24.0% | 25.46% |
Total Return Ranking - Trailing
Period | AEMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
YTD | 9.7% | -50.8% | 23.1% | 54.63% |
1 Yr | -19.0% | -50.4% | 30.2% | 79.31% |
3 Yr | -4.6%* | -20.9% | 68.1% | 75.95% |
5 Yr | -4.3%* | -13.9% | 33.2% | 71.95% |
10 Yr | -0.6%* | -11.8% | 11.5% | 74.35% |
* Annualized
Total Return Ranking - Calendar
Period | AEMSX Return | Category Return Low | Category Return High | Rank in Category (%) |
---|---|---|---|---|
2022 | -27.6% | -50.1% | 15.9% | 75.00% |
2021 | -7.9% | -30.3% | 16.3% | 84.70% |
2020 | 8.2% | -7.2% | 79.7% | 19.89% |
2019 | 4.2% | -14.2% | 10.3% | 54.95% |
2018 | -3.4% | -9.7% | 24.0% | 33.02% |
NAV & Total Return History
AEMSX - Holdings
Concentration Analysis
AEMSX | Category Low | Category High | AEMSX % Rank | |
---|---|---|---|---|
Net Assets | 3.25 B | 717 K | 102 B | 17.63% |
Number of Holdings | 82 | 2 | 6734 | 62.81% |
Net Assets in Top 10 | 1.35 B | 565 | 19.3 B | 14.17% |
Weighting of Top 10 | 40.77% | 2.8% | 100.0% | 23.45% |
Top 10 Holdings
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
- Taiwan Semiconductor Manufacturing Co Ltd 9.92%
Asset Allocation
Weighting | Return Low | Return High | AEMSX % Rank | |
---|---|---|---|---|
Stocks | 99.33% | 0.90% | 110.97% | 19.93% |
Cash | 0.67% | -23.67% | 20.19% | 76.98% |
Preferred Stocks | 0.00% | 0.00% | 2.67% | 99.65% |
Other | 0.00% | -1.48% | 9.95% | 97.40% |
Convertible Bonds | 0.00% | 0.00% | 7.40% | 99.65% |
Bonds | 0.00% | -0.03% | 55.68% | 99.29% |
Stock Sector Breakdown
Weighting | Return Low | Return High | AEMSX % Rank | |
---|---|---|---|---|
Technology | 28.70% | 0.00% | 47.50% | 15.42% |
Financial Services | 26.14% | 0.00% | 48.86% | 16.37% |
Consumer Cyclical | 10.29% | 0.00% | 99.82% | 76.28% |
Basic Materials | 9.76% | 0.00% | 30.03% | 30.49% |
Communication Services | 7.41% | 0.00% | 46.62% | 70.34% |
Industrials | 6.41% | 0.00% | 43.53% | 42.47% |
Consumer Defense | 5.87% | 0.00% | 28.13% | 57.18% |
Utilities | 1.56% | 0.00% | 39.12% | 45.31% |
Real Estate | 1.31% | 0.00% | 17.15% | 60.97% |
Healthcare | 1.28% | 0.00% | 93.26% | 89.32% |
Energy | 1.26% | 0.00% | 26.66% | 81.73% |
Stock Geographic Breakdown
Weighting | Return Low | Return High | AEMSX % Rank | |
---|---|---|---|---|
Non US | 98.64% | -4.71% | 112.57% | 23.38% |
US | 0.69% | -1.60% | 104.72% | 48.76% |
AEMSX - Expenses
Operational Fees
AEMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Expense Ratio | 1.21% | 0.01% | 2.69% | 42.72% |
Management Fee | 0.90% | 0.00% | 2.00% | 58.11% |
12b-1 Fee | N/A | 0.00% | 1.00% | N/A |
Administrative Fee | 0.25% | 0.01% | 0.85% | 91.09% |
Sales Fees
AEMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Front Load | N/A | 0.00% | 5.75% | N/A |
Deferred Load | N/A | 1.00% | 5.00% | N/A |
Trading Fees
AEMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Max Redemption Fee | N/A | 0.40% | 2.00% | 51.74% |
Related Fees
Turnover provides investors a proxy for the trading fees incurred by mutual fund managers who frequently adjust position allocations. Higher turnover means higher trading fees.
AEMSX Fees (% of AUM) | Category Return Low | Category Return High | Rank in Category (%) | |
---|---|---|---|---|
Turnover | 37.26% | 0.00% | 190.00% | 39.55% |
AEMSX - Distributions
Dividend Yield Analysis
AEMSX | Category Low | Category High | AEMSX % Rank | |
---|---|---|---|---|
Dividend Yield | 1.67% | 0.00% | 28.40% | 29.34% |
Dividend Distribution Analysis
AEMSX | Category Low | Category High | Category Mod | |
---|---|---|---|---|
Dividend Distribution Frequency | Annually | Annually | Monthly | Annually |
Net Income Ratio Analysis
AEMSX | Category Low | Category High | AEMSX % Rank | |
---|---|---|---|---|
Net Income Ratio | 0.56% | -1.98% | 17.62% | 56.34% |
Capital Gain Distribution Analysis
AEMSX | Category Low | Category High | Capital Mode | |
---|---|---|---|---|
Capital Gain Distribution Frequency | Annually | Annually | Annually | Annually |
Distributions History
Date | Amount | Type |
---|---|---|
Dec 22, 2022 | $0.228 | OrdinaryDividend |
Dec 21, 2018 | $0.194 | OrdinaryDividend |
Dec 22, 2017 | $0.177 | OrdinaryDividend |
Dec 23, 2016 | $0.136 | OrdinaryDividend |
Sep 21, 2015 | $0.064 | OrdinaryDividend |
Jun 22, 2015 | $0.068 | OrdinaryDividend |
Sep 15, 2014 | $0.065 | OrdinaryDividend |
Jun 16, 2014 | $0.076 | OrdinaryDividend |
Dec 23, 2013 | $0.073 | OrdinaryDividend |
Sep 16, 2013 | $0.009 | OrdinaryDividend |
Jun 17, 2013 | $0.080 | OrdinaryDividend |
Dec 21, 2012 | $0.142 | OrdinaryDividend |
Dec 20, 2010 | $0.126 | OrdinaryDividend |
Dec 21, 2009 | $0.217 | OrdinaryDividend |
AEMSX - Fund Manager Analysis
Managers
Devan Kaloo
Start Date
Tenure
Tenure Rank
May 11, 2007
15.07
15.1%
Devan Kaloo is Head of Global Emerging Markets Equities for abrdn, taking up that position in 2005. He is also Global Head of Equities for the group. Devan joined the company in 2000 as part of the Asian equities team in Singapore, before later transferring to London. He started in fund management with Martin Currie in 1994 covering Latin America, before subsequently working with the North American equities, global asset allocation and eventually the Asian equities teams.
Kristy Fong
Start Date
Tenure
Tenure Rank
May 11, 2007
15.07
15.1%
Kristy Fong is an Investment Director on the Asian Equities Team at abrdn. Kristy joined the company in 2004 from UOB KayHian Pte Ltd where she was an Analyst. Kristy graduated with a BA (Hons) in Accountancy from Nanyang Technological University, Singapore and is a CFA® charterholder.
Joanne Irvine
Start Date
Tenure
Tenure Rank
May 11, 2007
15.07
15.1%
Joanne Irvine is Head ofEmerging Markets (ex-Asia) on the Global Emerging Markets Equity Team of Aberdeen Standard Investments. Ms. Irvine joined Legacy Aberdeen in 1996 in a group development role and moved to the Global Emerging Markets Equity Team in 1997. Prior to joining Legacy Aberdeen, Ms. Irvine was with Rutherford Manson Dowds (subsequently acquired by Deloitte), specializing in raising private equity and bank funding for private companies. Joanne has a BA in Accounting from Caledonian University and qualified as a Chartered Accountant with Hardie Caldwell LLP in Glasgow, Scotland.
Tenure Analysis
Category Low | Category High | Category Average | Category Mode |
---|---|---|---|
0.09 | 33.71 | 6.43 | 13.42 |