Skip to main content.
Home / ETF / Virtus Glovista Emerging Markets ETF

Virtus Glovista Emerging Markets ETF

Image specific to each asset class and market style grouping.
Ticker
EMEM
CUSIP
26923G830
Closing Price
$
(as of 12/14/2017)
Inception
11/07/2017
Premium/Discount
$0.18
(as of 12/14/2017)
4PM Bid/Offer Midpoint
$25.15
(as of 12/14/2017)
Shares Outstanding
600,004
(as of 12/14/2017)
Daily Trading Volume
NA
(as of 12/14/2017)
20 Day Average Trading Volume
8,870.00
(as of 12/14/2017)
Net Assets
$14,980,447
(as of 12/14/2017)
Product Overview

The Fund seeks to provide passive, diversified exposure to stocks in "most favored" emerging markets countries while avoiding exposure to those from a set of the weakest countries, as identified by Glovista's proprietary quantitative methodology.

Management Team

Investment Partners

Glovista Investments LLC

Glovista Investments LLC employs a combination of fundamental and quantitative analysis with a focus on bottom-up and top-down stock picking to create its portfolios. Glovista Investments LLC was founded in 2007 with offices in New Jersey, Florida and California.

Portfolio Managers
Asilis Carlos 400x400
Dr. Carlos Asilis

Industry start date: 1994

Start date with fund: 2017

Bhatt Darshan 400x400
Darshan Bhatt, CFA, CMT

Industry start date: 2000

Start date with fund: 2017

Positions & Distributions

Positions
(as of 12/15/2017)
Security % of Portfolio
ISHARES MSCI INDIA ETF
2.79
INVESCO TREASURY INSTL 1931 0.990
2.48
TAIWAN SEMICONDUCTOR MANUFAC 0.000
2.34
NASPERS LTD-N SHS
2.16
SAMSUNG ELECTRONICS CO LTD 0.000
1.89
BANK RAKYAT INDONESIA PERSER
1.78
SBERBANK OF RUSSIA PJSC
1.73
TENCENT HOLDINGS LTD 0.000
1.71
LUKOIL PJSC
1.44
CHINA CONSTRUCTION BANK-H 0.000
1.30

Performance & Risk

Performance
Quarterly
As of
Monthly
As of
1 Month 3 Month YTD 1 Year 3 Years 5 Years 10 Years Since Inception

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate, so your shares, when redeemed, may be worth more or less than their original cost.

Sales Charge and Expenses
The Fund's investment adviser has contractually agreed to waive a portion of the Fund's total operating expenses equal to 0.03% of the Fund's average daily net assets, which will have the effect of reducing the Acquired Fund Fees and Expenses. Unless the Adviser continues the Fee Waiver Agreement, it will terminate on February 28, 2019.
Fees & Expenses
Gross Expense Ratio 0.71
Net Expense Ratio 0.68
The Fund's investment adviser has contractually agreed to waive a portion of the Fund's total operating expenses equal to 0.03% of the Fund's average daily net assets, which will have the effect of reducing the Acquired Fund Fees and Expenses. Unless the Adviser continues the Fee Waiver Agreement, it will terminate on February 28, 2019.
Risk Considerations
Exchange Traded Funds: The value of an ETF may be more volatile than the underlying portfolio of securities the ETF is designed to track. The costs of owning the ETF may exceed the cost of investing directly in the underlying securities.
Equity Securities: The market price of equity securities may be adversely affected by financial market, industry, or issuer-specific events. Focus on a particular style or on small or medium-sized companies may enhance that risk.
Foreign & Emerging Markets: Investing internationally, especially in emerging markets, involves additional risks such as currency, political, accounting, economic, and market risk.
Industry/Sector Concentration: A fund that focuses its investments in a particular industry or sector will be more sensitive to conditions that affect that industry or sector than a non-concentrated fund.
Non-Diversified: The fund is non-diversified and may be more susceptible to factors negatively impacting its holdings to the extent that each security represents a larger portion of the fund's assets.
Fund of Funds: Because the fund can invest in other funds, it indirectly bears its proportionate share of the operating expenses and management fees of the underlying fund(s).
Correlation to Index: The performance of the fund and its index may vary somewhat due to factors such as fund flows, transaction costs, and timing differences associated with additions to and deletions from its index.
Prospectus: For additional information on risks, please see the fund's prospectus.

Documents & Resources

Marketing Materials
Virtus Glovista Emerging Markets ETF Fact Sheet
Distributions
Holdings
Positions EMEM
Financial Materials
Virtus Glovista Emerging Market ETF (EMEM) - Prospectus - October 1, 2017
Virtus Glovista Emerging Market ETF (EMEM) - SAI- October 1, 2017
Section 19a Notices
News Releases/Communications

Please consider the investment objectives, risks, charges and expenses of the Fund carefully before investing. The prospectus contains this and other information about the Fund. Contact us at 1-888-383-0553 or visit www.virtusetfs.com for a copy of the Fund's prospectus. Read the prospectus carefully before you invest or send money.

Performance data quoted represents past results. Past performance is no guarantee of future results and current performance may be higher or lower than the performance shown. Investment return and principal value will fluctuate so your shares, when redeemed, may be worth more or less than their original cost.

Closing Price:
 The Closing Price is the price of the last reported trade on the fund's primary exchange. If there has been no reported trade for a particular date, the Closing Price represents the 4PM Bid/Offer Midpoint. 

4PM Bid/Offer Midpoint: The midpoint between the highest bid and the lowest offer on the listing exchange, as of the time that the Fund's NAV is calculated (usually 4:00pm Eastern Time).

Premium/Discount: The amount the Fund is trading above or below the reported NAV (based on 4PM Bid/Offer Midpoint).

The Fund is an exchange-traded fund (“ETF”). The “net asset value” (NAV) of the Fund is determined at the close of each business day, and represents the dollar value of one share of the Fund; it is calculated by taking the total assets of the Fund, subtracting total liabilities, and dividing by the total number of shares outstanding. The NAV of the Fund is not necessarily the same as its intraday trading value. Fund investors should not expect to buy or sell shares at NAV because shares of ETFs such as the Fund are bought and sold at market price (not NAV) and are not individually redeemed from the Fund. Thus, shares may trade at a premium or discount to their NAV in the secondary market. Brokerage commissions will reduce returns.

NAV returns are calculated using the Fund’s daily 4:00 p.m. NAV, and include the reinvestment of all dividends and other distributions (reinvested at the Fund's NAV on distribution ex-date). Market price returns are calculated using the 4:00 pm midpoint between the bid and offer, and include the reinvestment of all dividends and other distributions (reinvested at the 4:00pm bid/offer midpoint on distribution ex-date). Market price returns do not represent the return you would receive if you traded at other times.

SEC Yield is an annualized yield that is calculated by dividing the investment income earned by the Fund less expenses over the most recent 30 day period by the current NAV at the end of the 30 day period. The Subsidized Yield reflects fee waivers and/or expense reimbursements recorded by the Fund during the period. Without waivers and/or reimbursements, yields would be reduced. The Unsubsidized Yield does not adjust for any fee waivers and/ or expense reimbursements in effect. If the Fund does not incur any fee waivers and/or expense reimbursements during the period, the Subsidized Yield and Unsubsidized Yield will be identical.

Distribution Yield is the annual yield that an investor would receive if the most recent distribution remained the same going forward. The yield represents a single distribution from the Fund and does not represent total return of the Fund. The distribution yield is calculated by annualizing the most recent distribution and dividing it by the most recent NAV.

2 Distribution History: Distributions are represented on a cash basis and may be reclassified at year end for tax purposes. The Fund will send you a Form 1099-DIV for the calendar year that will tell you how to report these distributions for federal income tax purposes. STCG: Short Term Capital Gain, LTCG: Long Term Capital Gain

Returns for periods of less than one year are cumulative total returns.

Not insured by FDIC/NCUSIF or any federal government agency. No bank guarantee. Not a deposit. May lose value.

Distributed by ETF Distributors LLC