On September 1, Columbia Management Investment Advisers, LLC acquired Emerging Global Advisors, combining strengths and expertise to expand ETF offerings.

EGShares Emerging Markets Core ETF EMCR

Fund Objective

Seeks investment results that correspond (before fees and expenses) to the price and yield performance of the S&P Emerging Markets Core Index.

Index Description

The S&P Emerging Markets Core Index is a modified equal-weighted index designed to measure the market performance of up to 116 companies that S&P determines to be representative of all industries domiciled in emerging market countries, subject to a 15% country cap.

Reasons To Invest

  • A diversified core holding: EMCR is a diversified, modified equal-weighted core emerging market portfolio with exposure across 16 countries. Diversification does not ensure a profit or protect against loss.
  • Reduced industry concentrations: Conventional benchmarks weight heavily towards industry groups that have already driven historical growth and are more mature. EMCR's investment process uses a capping methodology to diversify into less mature industry groups, positioning the Fund to capture potential future growth.
  • Pure emerging market positions: EMCR offers pure emerging market exposure by excluding positions in South Korea and Taiwan. These countries were graduated to developed status by the IMF in 1997 and generate revenue primarily from developed market consumers.

Key Statistics

as of 6/30/2016
ETF Ticker (NYSE) EMCR
Bloomberg Index Ticker SPEMCRN
Inception Date 10/16/2012
Expense Ratio 0.70%
Holdings 118
Average Market Cap $ 22.77B
Median Market Cap $ 13.61B
Total Constituent Daily Traded Value $ 5.70B
P/E Ratio (Trailing) 15.72x
Price/Book Ratio 1.93x
Index Dividend Yield 2.38%

Country Breakdown

as of 6/30/2016
Country Weights (%)
South Africa 15.14
India 15.11
China 14.23
Mexico 12.24
Brazil 7.11
Chile 5.87
Malaysia 5.81
Indonesia 4.87
Philippines 4.66
Russia 4.40
Thailand 2.29
UAE 2.15
Poland 2.08
Peru 1.16
Turkey 1.16
Czech Republic 1.07

Sector Breakdown (GICS)

as of 6/30/2016
Sector Weights (%)
Consumer Discretionary 17.14
Financials 17.02
Consumer Staples 14.79
Industrials 9.44
Health Care 7.62
Utilities 7.50
Information Technology 6.98
Materials 6.79
Telecommunication Services 6.42
Energy 5.65

Top Holdings (Ticker)

as of 6/30/2016
Company Weights (%)
Telekomunikasi Indonesia Perse (TLK US Equity) 2.46
Astra International Tbk PT (ASII IJ Equity) 1.26
Itau Unibanco Holding SA (ITUB US Equity) 1.25
Banco Bradesco SA (BBD US Equity) 1.22
SACI Falabella (FALAB CI Equity) 1.22
IHH Healthcare Bhd (IHH MK Equity) 1.21
Ambev SA (ABEV US Equity) 1.20
Endesa Americas SA (EOCA US Equity) 1.20
SM Prime Holdings Inc (SMPH PM Equity) 1.20
CP ALL PCL (CPALL-R TB Equity) 1.19

Performance

as of 6/30/2016
  3-Month (%) Year-to-Date (%) 1-Year (%) 3-Year (%) Since Inception (%)
Total Returns (Net Asset Value) 0.63 7.80 -10.61 -1.96 -1.81
Total Returns (Market Price) 1.50 8.83 -8.91 -1.95 -1.89
S&P Emerging Markets Core
Index Net TR
0.67 8.10 -11.05 -1.30 -1.00

Performance data quoted represents past performance. Past performance does not guarantee future results. Investment return and principal value of an investment will fluctuate so that an investor's shares, when sold or redeemed, may be worth more or less than the original cost. Current performance data may be higher or lower than actual data quoted. For the most current month-end performance data please call 888.800.4347.

Market price returns are based on the midpoint of the bid/ask spread at 4 pm ET and do not represent the returns an investor would receive if shares were traded at other times.

Returns over one year are annualized.

Fund Literature

Disclosures

Emerging market investments involve risk of capital loss from unfavorable fluctuation in currency values, from differences in generally accepted accounting principles, from economic or political instability in other nations or increased volatility and lower trading volume. This fund will concentrate its investments in issuers of one or more particular industries to the same extent that its Underlying Index is so concentrated and to the extent permitted by applicable regulatory guidance. Concentration risk results from maintaining exposure to issuers conducting business in a specific industry. Small cap and mid cap companies generally will have greater volatility in price than the stocks of large companies due to limited product lines or resources or a dependency upon a particular market niche.

The S&P Emerging Markets Core Index is a product of S&P Dow Jones Indices LLC ("SPDJI"), and has been licensed for use by Emerging Global Advisors. Standard & Poor's® and S&P® are registered trademarks of Standard & Poor's Financial Services LLC ("S&P"); Dow Jones® is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones"); and these trademarks have been licensed for use by SPDJI and sublicensed for certain purposes by Emerging Global Advisors. The EGShares Emerging Markets Core ETF is not sponsored, endorsed, sold or promoted by SPDJI, Dow Jones, S&P, their respective affiliates and none of such parties make any representation regarding the advisability of investing in such product(s) nor do they have any liability for any errors, omissions, or interruptions of the S&P Emerging Markets Core Index.

The Global Industry Classification Standard ("GICS") was developed by and is the exclusive property and a service mark of MSCI Inc. ("MSCI") and Standard & Poor's, a division of The McGraw-Hill Companies, Inc. ("S&P") and is licensed for use by Emerging Global Advisors, LLC. Neither MSCI, S&P nor any third party involved in making or compiling the GICS or any GICS classifications makes any express or implied warranties or representations with respect to such standard or classification (or the results to be obtained by the use thereof), and all such parties hereby expressly disclaim all warranties of originality, accuracy, completeness, merchantability and fitness for a particular purpose with respect to any of such standard or classification. Without limiting any of the foregoing, in no event shall MSCI, S&P, any of their affiliates or any third party involved in making or compiling the GICS or any GICS classifications have any liability for any direct, indirect, special, punitive, consequential or any other damages (including lost profits) even if notified of the possibility of such damages.