About EMRGX
Emerging Markets Growth Fund, Inc. Class M is a mutual fund focused on providing long-term capital growth through investments in equity securities from developing countries. This fund primarily holds common stocks of companies based in emerging markets, covering a broad spectrum of industries including technology, communications, financial services, healthcare, and consumer sectors. It is characterized by a diversified portfolio, with notable allocations to large-cap growth companies such as Taiwan Semiconductor Manufacturing, Tencent Holdings, and Ping An Insurance, reflecting its orientation toward leading firms in rapidly growing economies.
Catering largely to institutional investors, the fund features a competitive expense ratio and a low distribution fee, contributing to its cost efficiency. With over $2 billion in assets and a substantial portion allocated to top holdings, the fund plays a significant role in offering exposure to the growth potential of emerging markets. It is intended for those seeking diversification beyond developed markets and aims to capitalize on the economic and demographic trends shaping the developing world.
Fund Family Capital Group
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange Nasdaq
Ticker Symbol EMRGX
Share Class Class M
Index MSCI Emerging Markets IMI NR USD
EMRGX had a total return of 23.13% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.29%.
