Russia’s invasion of Ukraine is a stark reminder to investors of the inherent volatility in emerging markets. Timely commentary from Vontobel Asset Management.
Observations and Expectations
Has the Russia-Ukraine conflict created an opportunity for investment in emerging markets? Joe Terranova addresses the question.
Virtus Emerging Markets Fund Selector
Virtus offers several distinct options for investors seeking focused exposure to emerging markets.
Click on the ticker buttons to compare a fund's characteristics to other Virtus Emerging Markets offerings and their peer group.
Sources: Virtus Performance Analytics and FactSet, as of .
Data is updated quarterly and assumed to be reliable. Other principal consultant firms may use different algorithms to calculate selected statistics.
Rankings are based on fund share class total return and do not include the effect of the fund’s sales load, if applicable. Each fund is ranked within a universe of funds similar in portfolio characteristics and capitalization. Strong rankings are not indicative of positive fund performance.
Past performance is no guarantee of future results.
Pursue EMs with a global or international allocation
A dedicated emerging markets allocation may not be appropriate for some investors. Virtus offers a wide range of international and global equity funds incorporating EMs into broader portfolios
Diversified Emerging Markets Category: Diversified emerging markets portfolios tend to divide their assets among 20 or more nations, although they tend to focus on the emerging markets of Asia and Latin America rather than on those of the Middle East, Africa, or Europe. These portfolios invest predominantly in emerging market equities, but some funds also invest in both equities and fixed income investments from emerging markets.
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Important Risk Considerations
Virtus Emerging Markets Opportunities Fund1,2,3,4,5,8, Virtus KAR Developing Markets Fund1,3,4,6,8, Virtus KAR Emerging Markets Small-Cap Fund1,3,4,6,8, Virtus NFJ Emerging Markets Value Fund1,2,3,4,8, Virtus SGA Emerging Markets Growth Fund1,3,4,7,8, Virtus Vontobel Emerging Markets Opportunities Fund1,3,4,7,8
1Market Volatility: Local, regional, or global events such as war, acts of terrorism, the spread of infectious illness or other public health issues, recessions, or other events could have a significant impact on the portfolio and its investments, including hampering the ability of the portfolio manager(s) to invest the portfolio’s assets as intended. 2Issuer Risk: The portfolio will be affected by factors specific to the issuers of securities and other instruments in which the portfolio invests, including actual or perceived changes in the financial condition or business prospects of such issuers. 3Equity 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. 4Foreign & Emerging Markets: Investing in foreign securities, especially in emerging markets, subjects the portfolio to additional risks such as increased volatility, currency fluctuations, less liquidity, and political, regulatory, economic, and market risk. 5Focused Investments: To the extent the portfolio focuses its investments on a limited number of issuers, sectors, industries or geographic regions, it may be subject to increased risk and volatility. 6Non-Diversified: The portfolio 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 portfolio’s assets. 7Geographic Concentration: A portfolio that focuses its investments in a particular geographic location will be sensitive to financial, economic, political, and other events negatively affecting that location. 8Prospectus: For additional information on risks, please see the fund’s prospectus.
Weighted average market capitalization: The total dollar market value of a company’s outstanding shares, weighted in proportion to position size within the fund. Active share: The percentage of holdings in a fund or portfolio that differs from a benchmark index. An active share of 0 would indicate that a fund holds the same securities in the same proportion as its index, while an active share of 100 would indicate no overlapping holdings. Standard deviation: Measures the variability of returns around the average return for an investment portfolio. Sharpe ratio: Measures the efficiency, or excess return per unit of risk, of a manager’s returns. The greater the Sharpe ratio, the better the portfolio’s risk adjusted return.
Please consider a Fund’s investment objectives, risks, charges, and expenses carefully before investing. For this and other information about any Virtus Fund, contact your financial representative, call 800-243-4361, or visit virtus.com for a prospectus or summary prospectus. Read it carefully before investing.
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