Seeks investment results that correspond (before fees and expenses) to the price and yield performance of the S&P Emerging Markets Strategic Opportunities Index.
The S&P Emerging Markets Strategic Opportunities Index is a 50-stock free-float market capitalization-weighted index designed to measure the performance of companies in emerging markets that are tied to domestic demand, specifically those in consumer staples, consumer discretionary, telecommunications services, health care and the utilities sectors.
Reasons To Invest
- Core allocation with country diversification: Serves as a core holding capturing predominantly large and mid-cap companies across 12 emerging markets
- Poised for future growth: Emerging markets represent faster labor force and consumption growth than developed markets; this growth could increase demand for domestic goods and services
- Exposure to strategic opportunities in emerging markets: The Fund offers exposure to five sectors we believe will strategically benefit from growth in domestic demand - consumer staples, consumer discretionary, telecommunications services, health care and utilities - and does not invest in energy or commodities
|ETF Ticker (NYSE)||EMDD|
|Bloomberg Index Ticker||SPEMDUN|
|Expense Ratio||0.85% Gross, 0.65% Net*|
|Average Market Cap||$ 37.47B|
|Median Market Cap||$ 21.98B|
|Total Constituent Daily Traded Value||$ 2.35B|
|P/E Ratio (Trailing)||22.27x|
|Index Dividend Yield||2.52%|
Sector Breakdown (GICS)
Top Holdings (Ticker)
|Ambev SA (ABEV US Equity)||5.13|
|Naspers Ltd (NPN SJ Equity)||4.84|
|China Mobile Ltd (941 HK Equity)||4.83|
|America Movil SAB de CV (AMX US Equity)||4.68|
|JD.com Inc (JD US Equity)||4.54|
|Steinhoff International Holdin (SNH SJ Equity)||4.50|
|Fomento Economico Mexicano SAB (FMX US Equity)||4.17|
|MTN Group Ltd (MTN SJ Equity)||3.89|
|Telekomunikasi Indonesia Perse (TLK US Equity)||3.89|
|Ctrip.com International Ltd (CTRP US Equity)||3.47|
|3-Month (%)||Year-to-Date (%)||1-Year (%)||3-Year (%)||Since Inception (%)|
|Total Returns (Net Asset Value)||-1.28||3.46||-16.78||-3.07||-0.47|
|Total Returns (Market Price)||-0.80||4.22||-17.26||-3.10||-0.51|
*Reflects Indxx Emerging Markets Domestic Demand Index through January 31, 2014; S&P Emerging Markets Strategic Opportunities Index Net TR thereafter.
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.
Performance results shown reflect the expense reimbursement, without which the results would have been lower.
Returns over one year are annualized.
*CMIA has entered into a written fee waiver agreement to waive its advisory fee to 0.65% of the Fund's average daily net assets. The Fee Waiver Agreement will remain in effect and will be contractually binding until July 31, 2018.
Supplements to the EGShares EM Strategic Opportunities ETF prospectus and Statement of Additional Information were filed July 29, 2016. Effective August 1, 2016, this Fund changed its ticker from "EMSO" to "EMDD".
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. One cannot invest directly in an Index.
The S&P Emerging Markets Strategic Opportunities 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 EM Strategic Opportunities 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 Strategic Opportunities 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.