Investment Objective
The investment seeks investment results that, before fees and expenses, correspond generally to the total return performance of an index.
The fund employs a sampling strategy in seeking to track the performance of the S&P Emerging BMI Index. It generally invests substantially all, but at least 80%, of its total assets in the securities comprising the index or in ADRs or GDRs based on securities comprising the index. The index is a market capitalization weighted index designed to define and measure the investable universe of publicly traded companies domiciled in emerging markets. The fund is non-diversified.
Latest GMM News
Performance
| 1 month | -4.32% | | 3 years | +5.10% |
| 3 months | -3.80% | | 5 years | -0.95% |
| 1 year | +15.15% | | Since inception | +4.56% |
Quote Details
| Previous close | $63.01 |
| Open day’s range | 62.63 – 63.27 |
| Net asset value (NAV) | 63.56 (06/05/2013) |
| Daily volume | 3,752 |
| Average volume (3 months) | 25,155 |
Data as of 3:42pm ET, 06/06/2013
Peer Comparisonvs. Diversified emerging mkts ETFs
| | GMM | Category |
|---|
| Performance 5-yr return | -0.95% | +1.53% |
| Expense Gross exp ratio | 0.59% | 0.61% |
| Risk 5 year sharpe ratio | 0.09 | 0.08 |
| Net assets | $194.2M | $2.7B |
| Average market cap | $14.2B | $19.7B |
| Average P/E | 12.1 | 12.9 |
| Dividend / Share | -- | 0.35% |
Competitors
| SCHE Schwab Emerging Markets Equity ETF |
| VWO Vanguard FTSE Emerging Markets ETF |
| PXH PowerShares FTSE RAFI Emerging Markets P... |
Holdings
Top 5 Sectors
Portfolio weighting
Top 10 Holdings
Portfolio weighting
| -- Taiwan Semiconductor Manufacturing Co Ltd | 1.95% |
| -- Tencent Holdings Ltd. | 1.82% |
| -- China Mobile Ltd. | 1.77% |
| OGZPY OAO Gazprom ADR | 1.42% |
| ABV Companhia de Bebidas das Americas Ambev ADR | 1.37% |
| -- America Movil, S.A.B. de C.V. | 1.27% |
| ITUB Itau Unibanco Holding SA ADR | 1.26% |
| -- China Construction Bank Corp H Shares | 1.25% |
| LUKOY OAO Lukoil ADR | 1.24% |
| BBD Bank Bradesco ADR | 1.12% |
+0.259 / +0.41%
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