Emerging Markets Equity Tracker Fund


Fund overview

The Fund aims to track the capital performance of the MSCI Emerging Markets ESG Index. The Fund will invest primarily in the securities that make up the MSCI Emerging Markets ESG Index and instruments that provide exposure to these securities. The Index provides coverage of companies in emerging markets which have high environmental, social and governance (ESG) scores relative to their sector peers. 

Manager

Symon Bradford joined the RLAM Quantitative team in 2004.  He is responsible for the management of the US passive funds. Symon has worked in quantitative investment management and research for over 20 years, previously holding roles at M&G, Wood Mackenzie/NatWest Securities and Tilney Investment Management. He has sat on several index committees and was one of the originators of the FT Actuaries World Indices.

Investment approach

Whilst the Fund is not perfectly replicating, it generally holds most of the Index constituents. This reduces our exposure to any one market or company which might potentially suffer from a significant reduce in value, therefore protecting investors in the Fund from such localised volatility.The Fund uses an optimised portfolio to track the capital return of the MSCI Emerging Markets ESG Index (the “Index”). The optimised portfolio is designed to track the performance of the Index without the Fund necessarily having to hold all of the constituents in their exact benchmark weights. This gives the Investment Manager flexibility not to trade every Index or cash flow event in particular where trading would create disproportionate cost. 

Product Risk Warning

Past performance is not a guide to future performance. The value of investments and the income from them is not guaranteed and may go down as well as up and investors may not get back the amount originally invested. For funds that use derivatives, their use may be beneficial, however, they also involve specific risks. Derivatives may alter the economic exposure of a fund over time, causing it to deviate from the performance of the broader market. Investing in Emerging Markets may provide greater rewards but carries greater risk due to possibility of high volatility, low liquidity, high currency fluctuation, the adverse effect of social, political and economic instability, weak supervisory structures and weak accounting standards. Investing in assets denominated in a currency other than the base currency of the Fund means the value of the investment can be affected by changes in exchange rates. The funds or securities referred to herein are not sponsored, endorsed, or promoted by MSCI, and MSCI bears no liability with respect to any such funds or securities or any index on which such funds or securities are based. The Prospectus contains a more detailed description of the limited relationship MSCI has with Royal London Mutual Insurance Society Limited and any related funds.