About EREMX
Parametric Emerging Markets Fund Class R6 is an open-end mutual fund dedicated to achieving long-term capital appreciation by investing primarily in equity securities of companies located in emerging market countries. The fund allocates at least 80% of its assets to these equities, focusing on nations not classified as developed markets and therefore excluded from the MSCI World Index. With a strong emphasis on diversification, the fund typically holds positions across more than 1,200 securities, aiming to distribute its investments broadly across countries, sectors, and issuers.
Parametric Emerging Markets Fund Class R6 employs a disciplined, rules-based investment strategy, using systematic rebalancing and quantitative models to target underrepresented countries and sectors, thereby minimizing concentration risk relative to standard capitalization-weighted benchmarks. The fund’s approach allows it to seek advantages from quantitative and behavioral market characteristics unique to emerging markets. Managed by Eaton Vance, this share class is tailored for institutional investors or large plans, featuring a high minimum investment and annual dividend distributions. It plays a key role in providing portfolio exposure to emerging markets, which can offer distinct growth and diversification potential within a global investment strategy.
Fund Family Eaton Vance
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Below Average
Stock Exchange NASDAQ
Ticker Symbol EREMX
Share Class Class R6
Index MSCI EM (Emerging Markets) NR USD
EREMX had a total return of 27.90% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.95%.
