About HEMZX
Virtus SGA Emerging Markets Equity Fund Class A is a mutual fund designed to provide investors with broad, diversified exposure to emerging markets equities. Its primary goal is capital appreciation, achieved by investing at least 80% of assets in equity securities and equity-linked instruments of companies that are either based in, headquartered in, or generate at least half their revenue from emerging markets countries. The fund utilizes a concentrated, high-conviction portfolio approach, typically holding a select number of companies that demonstrate strong, predictable, and sustainable growth characteristics backed by fundamentals such as pricing power and robust management.
The fund's holdings represent a cross-section of well-known and highly regarded emerging market enterprises, spanning financial services, technology, consumer goods, and communication services. Notable positions include major companies like HDFC Bank, Taiwan Semiconductor Manufacturing, and MercadoLibre. Managed by Sustainable Growth Advisers, the fund leverages team-driven research and emphasizes valuation discipline. It operates within the diversified emerging markets category and is benchmarked against the MSCI Emerging Markets Index. With a history dating back to 1999, this fund plays a role in offering access to high-growth global regions often excluded from developed market portfolios, helping investors diversify their equity exposure beyond traditional Western economies.
Fund Family Virtus
Category Diversified Emerging Mkts
Performance Rating Low
Risk Rating Low
Stock Exchange NASDAQ
Ticker Symbol HEMZX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD
HEMZX had a total return of -2.11% in the past year, including dividends. Since the fund's
inception, the average annual return has been 5.50%.
