Nomura Emerging Markets Fund Class A (DEMAX)

Fund Assets	11.05B
Expense Ratio	1.40%
Min. Investment	$1,000
Turnover	5.00%
Dividend (ttm)	5.94
Dividend Yield	9.83%
Dividend Growth	1,583.95%
Payout Frequency	Annual
Ex-Dividend Date	Dec 15, 2025

Previous Close	58.41
YTD Return	88.66%
1-Year Return	172.86%
5-Year Return	219.19%
52-Week Low	25.73
52-Week High	76.42
Beta (5Y)	0.96
Holdings	112
Inception Date	Jun 10, 1996

About DEMAX

Macquarie Emerging Markets Fund Class A is a mutual fund focused on delivering long-term capital appreciation by investing primarily in equities from emerging market countries. The fund allocates at least 80% of its net assets to companies located in markets recognized as developing by global financial authorities such as the World Bank and United Nations. These regions typically span Asia-Pacific, Eastern Europe, Latin America, the Middle East, Africa, and Central America, providing exposure to dynamic economies with significant growth potential. Featuring a diversified portfolio, the fund emphasizes companies with sustainable business models and attractive valuations rather than targeting specific countries. Its holdings are concentrated in large-cap and blend-style equities, with technology, energy, and consumer sectors among notable allocations. Managed by a dedicated emerging markets team since 2006, the fund’s strategy seeks to capture structural growth opportunities while actively managing risks associated with emerging markets. Macquarie Emerging Markets Fund Class A plays a prominent role in the diversified emerging markets category, offering investors access to a broad array of companies that drive development in some of the world’s fastest-growing regions.

• Fund Family: Nomura
• Category: Diversified Emerging Mkts
• Performance Rating: High
• Risk Rating: High
• Stock Exchange: NASDAQ
• Ticker Symbol: DEMAX
• Share Class: Class A
• Index: MSCI EM (Emerging Markets) NR USD

Performance

DEMAX had a total return of 172.86% in the past year, including dividends. Since the fund's inception, the average annual return has been 10.89%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

Symbol	Provider	Name	Expense Ratio
FGOMX	Fidelity	Strategic Advisers Fidelity Emerging Markets Fund	0.30%
FPADX	Fidelity	Fidelity Emerging Markets Index Fund	0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

Symbol	Share Class	Expense Ratio
DEMZX	Class R6	1.06%
DEMIX	Institutional Class	1.15%
DEMRX	Class R	1.65%
DEMCX	Class C	2.15%

Top 10 Holdings

82.60% of assets

Name	Symbol	Weight
SK Square Co., Ltd.	402340	29.13%
SK hynix Inc.	000660	19.72%
Taiwan Semiconductor Manufacturing Company Limited	2330	12.99%
Samsung Electronics Co., Ltd.	005930	7.45%
Samsung C&T Corporation	028260	4.04%
MediaTek Inc.	2454	3.43%
Reliance Industries Limited	RELIANCE	2.29%
Alibaba Group Holding Limited	BABA	1.25%
BlackRock Liquidity FedFund Instl	TFDXX	1.15%
Fidelity Inv MM Government I	FIGXX	1.15%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 15, 2025	$5.93779	Dec 15, 2025
Dec 16, 2024	$0.35261	Dec 17, 2024
Dec 18, 2023	$0.53465	Dec 19, 2023
Dec 16, 2022	$0.271	Dec 19, 2022
Dec 31, 2021	$0.239	Jan 3, 2022
Dec 18, 2020	$0.143	Dec 21, 2020

Data Sources: Tiingo, Financial Modeling Prep, and more

Historical data is provided by Tiingo. Delayed stock pricing data is provided by Financial Modeling Prep. Several fund data points are also provided by Finnhub.

Last checked:

Aug 27, 2026

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