Macquarie Systematic Em Mkts Eq C (IPOCX)
| Fund Assets | 668.92M |
| Expense Ratio | 1.80% |
| Min. Investment | $750 |
| Turnover | 28.00% |
| Dividend (ttm) | 0.57 |
| Dividend Yield | 3.18% |
| Dividend Growth | 20.51% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 13, 2024 |
| Previous Close | 17.78 |
| YTD Return | 19.29% |
| 1-Year Return | 19.52% |
| 5-Year Return | 10.63% |
| 52-Week Low | 13.43 |
| 52-Week High | 17.89 |
| Beta (5Y) | n/a |
| Holdings | 96 |
| Inception Date | Apr 30, 1996 |
About IPOCX
The Macquarie Systematic Emerging Markets Equity Fund Class C is an actively managed mutual fund specializing in international equities from emerging markets. Its primary objective is to deliver growth of capital by investing in a diversified selection of companies across various sectors and countries experiencing rapid economic development. The fund employs a quantitative, systematic approach, combining data-driven analysis with fundamental investment expertise to identify companies that exhibit attributes such as quality, value, and positive momentum. A significant portion of the fund's portfolio is allocated to major emerging economies, with notable country exposures including China, Taiwan, India, and South Korea. Key holdings often feature prominent companies such as Taiwan Semiconductor Manufacturing Company, Tencent Holdings, and ICICI Bank. The fund maintains a high concentration in equities, with over 97% of assets typically invested in stocks, and little to no allocation to bonds or other asset classes. By targeting the inefficiencies and growth prospects within emerging markets, the fund plays an important role for investors seeking international diversification and potential for enhanced long-term returns from developing economies.
Performance
IPOCX had a total return of 19.52% in the past year, including dividends. Since the fund's inception, the average annual return has been 4.43%.
Equivalent Funds
These are funds that follow the same index from the other major fund companies.
Top 10 Holdings
40.46% of assets| Name | Symbol | Weight |
|---|---|---|
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 12.15% |
| Tencent Holdings Limited | 0700 | 6.79% |
| ICICI Bank Limited | ICICIBANK | 3.72% |
| NetEase, Inc. | 9999 | 3.44% |
| Alibaba Group Holding Limited | 9988 | 2.88% |
| Bank of China Limited | 3988 | 2.76% |
| MediaTek Inc. | 2454 | 2.44% |
| China Construction Bank Corporation | 0939 | 2.16% |
| Samsung Electronics Co., Ltd. | 005930 | 2.06% |
| Infosys Limited | INFY | 2.06% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 13, 2024 | $0.56566 | Dec 16, 2024 |
| Dec 15, 2023 | $0.46939 | Dec 18, 2023 |
| Dec 15, 2022 | $2.374 | Dec 16, 2022 |
| Dec 16, 2021 | $0.0671 | Dec 16, 2021 |
| Dec 10, 2020 | $0.0938 | Dec 10, 2020 |
| Dec 12, 2019 | $0.0751 | Dec 12, 2019 |