Why EM? Why now?

Why EM? Why now?




Active share: The percentage of a fund’s holdings that differs from its benchmark index’s holdings. By quantifying a fund’s degree of active management, active share provides

a means of distinguishing funds that have the potential for outperformance from those that are likely to deliver index-like returns (source: CFA Institute, 2013).

Rolling return: The annualized average return for a period ending with the listed year.

 

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