Nomura Systematic Emerging Markets Equity Fund Class A (IPOAX)

Fund Assets	688.77M
Expense Ratio	1.05%
Min. Investment	$750
Turnover	28.00%
Dividend (ttm)	2.12
Dividend Yield	9.18%
Dividend Growth	242.73%
Payout Frequency	Annual
Ex-Dividend Date	Dec 12, 2025

Previous Close	24.24
YTD Return	10.42%
1-Year Return	36.62%
5-Year Return	4.73%
52-Week Low	16.15
52-Week High	25.17
Beta (5Y)	0.77
Holdings	90
Inception Date	Oct 22, 1993

About IPOAX

The fund invests, under normal circumstances, at least 80% of its net assets in equity securities, primarily common stock, of companies (i) from countries considered to be emerging market countries or (ii) that are economically linked to emerging market countries. It may invest up to 100% of its total assets in foreign securities and may invest in depositary receipts of foreign issuers. The fund also may invest up to 20% of its net assets in companies that are not located in, or economically linked to, emerging market countries.

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

Performance

IPOAX had a total return of 36.62% in the past year, including dividends. Since the fund's inception, the average annual return has been 7.30%.

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	0.36%
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
IMEGX	Class R6	0.65%
IPOIX	Institutional Class	0.80%
IPOYX	Class Y	1.05%
IYPCX	Class R	1.30%

Top 10 Holdings

40.59% of assets

Name	Symbol	Weight
Taiwan Semiconductor Manufacturing Company Limited	2330	13.28%
Samsung Electronics Co., Ltd.	005930	5.64%
Tencent Holdings Limited	0700	4.80%
Powszechny Zaklad Ubezpieczen SA	PZU	2.91%
NetEase, Inc.	9999	2.81%
PICC Property and Casualty Company Limited	2328	2.34%
Emaar Properties PJSC	EMAAR.DB	2.25%
FirstRand Limited	FSR	2.22%
ICICI Bank Limited	ICICIBANK	2.20%
Bharat Petroleum Corporation Limited	BPCL	2.13%

Dividend History

Ex-Dividend	Amount	Pay Date
Dec 12, 2025	$2.11798	Dec 12, 2025
Dec 13, 2024	$0.61798	Dec 16, 2024
Dec 15, 2023	$0.57051	Dec 18, 2023
Dec 15, 2022	$2.444	Dec 16, 2022
Dec 16, 2021	$0.1439	Dec 16, 2021
Dec 10, 2020	$0.2053	Dec 10, 2020