Overview
| ISIN | IE00BP41KZ81 |
|---|---|
| Share Class | Accumulation |
| Ongoing Charge | 1.25% |
| Annual Management Charge | 1% |
The Fund's goal is to maximise clients' wealth over time by generating superior long-term returns. The Fund aims to achieve this goal by investing primarily in equity and equity-linked securities in emerging markets. The Fund may also invest in such securities located in developed markets but which derive a significant portion of their revenue, earnings, assets, costs or employees from or in Emerging Markets. The Fund may invest in non-US issuers through depositary receipts and participatory notes. The Fund may also invest in stocks purchased in underwritten initial public offerings of equity securities. The Investment Manager generally seeks diversification rather than concentration by industry, country or currency when valuation spreads are narrow. However, the Fund may have significant concentration in particular industries from time to time (up to 35% of NAV of the Fund). The Fund may invest in pooled real estate investment vehicles such as real estate investment trusts. For short-term cash management, the Fund may invest in cash and/or investment grade money market instruments with maturities up to one year. The Fund is managed in reference to MSCI Emerging Markets Index (Net) USD (the "Benchmark"). The Fund’s performance is compared to the Benchmark in marketing materials and the performance fee for the Fund is calculated based on the Benchmark, as disclosed under the heading “Performance Fee” below. The Benchmark represents the best approximation of the universe of securities in which the Fund may invest. The Fund’s investment policy is not constrained and the degree of deviation from the Benchmark may be significant. Class A USD$ Shares do not pay a dividend. Any income arising is retained in the Fund and reflected in the value of the share class. Shares in the fund can be bought and sold on any business day in Ireland. Recommendation: this Fund may not be appropriate for short-term investment. Please refer to the Prospectus and Fund Supplement for more detailed information.
| Midprice | $2.43 |
|---|---|
| Change on Day | $0.02 |
| Change on Day % | 0.75% |
| 52 week high | $2.42 |
| 52 week low | $1.74 |
| Fund currency | USD |
| Date updated | 16 September 2025 |
| Fund Type | Open Ended Investment Company |
|---|---|
| Unit Type | Accumulation |
| Standard initial Charge | undefined 0.65 |
| Annual Management Charge | 1% |
| Dividend Frequency | - |
| Latest Distribution Info |
- |
| Fund Manager Company | ARGA |
|---|
| Name | Takashi Ito |
|---|---|
| Since | 03 September 2014 |
| Bio | Before joining ARGA in 2012, Mr. Ito was Director of Business Development at Vestec, a Canadian voice-recognition company. At Vestec from 2011 to 2012, he founded Highview Research, an advisor to the Silverstone Fund, a global long-short, market-neutral fund focused on the Automotive sector. Working for the Silverstone Fund in Tokyo from 2004 to 2011, Mr. Ito was responsible for Asian and Japanese investments, and designed processes for risk control and position sizing. The Silverstone Fund was nominated for Best Global Equity Fund award in 2008 by London’s Eurohedge. Previously at UBS Global Asset Management and Citigroup Asset Management, Mr. Ito covered global and Japanese consumer durable and capital goods companies. Mr. Ito graduated from Sophia University, Toyko, with a degree in International Economics in 1993 and is a Chartered Financial Analyst. |
| Name | A. Rama Krishna |
|---|---|
| Since | 03 September 2014 |
| Bio | Mr. Krishna has over 25 years’ experience in managing global equities. Before founding ARGA in 2010, Mr. Krishna was President, International of Pzena Investment Management (NYSE: PZN) and Managing Principal, Member of Executive Committee, and Portfolio Manager of its operating company in New York. While at Pzena from 2003 to 2010, he led development of the International Value and Global Value strategies, co-managed the Emerging Markets Value strategy, and managed the US Large Cap Value strategy. Mr. Krishna was previously at Citigroup Asset Management, where he was Chief Investment Officer and Head of Institutional and International. He also represented the asset management business on the Citigroup Management Committee and directly managed the Global Emerging Markets Equity strategy. Before that, Mr. Krishna was Director of International Equity Research, Portfolio Manager, International Equities and Chief Investment Officer, Emerging Markets Equities at AllianceBernstein in New York, London and Tokyo. Earlier, he worked at Credit Suisse First Boston in New York, Tokyo and Singapore, first as Equity Research Analyst and later as Chief Investment Strategist and Director - Equity Research. Mr. Krishna earned a joint M.B.A./M.A. in Asian Studies with a Japan Specialization from the University of Michigan in 1987 and a B.A. (Honors) in Economics from St. Stephen’s College, The University of Delhi in 1984. He received University of Michigan’s Prize Fellowship in Japanese Business and University Fellowship, and Middlebury College Scholarship. He was on the MSCI Editorial Advisory Board and is a Chartered Financial Analyst. |
| Name | P. Sujith Kumar |
|---|---|
| Since | 01 July 2016 |
| Bio | Before joining ARGA in 2010, Mr. Kumar was Analyst at ICRA Ltd., a credit rating agency in India. At ICRA, he worked with the corporate ratings division, handling credit rating assignments across multiple industries including Auto Ancillaries, Hotels and Textiles. Mr. Kumar earned an M.B.A from Indian Institute of Management (IIM), Lucknow, in 2009. At IIM, he was Fund Manager at Credence Capital, a student-run fund of IIM that invested in Indian equity markets, and received the Apeejay Trust Scholarship for academic excellence. He received a B. Tech. in Computer Science from National Institute of Technology, Calicut, India, in 2007. |