Martin Currie Emerging Markets Fund (MACEX)

NASDAQ · Mutual Fund · Delayed Price · Currency is USD
14.42
+0.07 (0.49%)
Sep 3, 2025, 4:00 PM EDT
0.49%
Fund Assets318.79M
Expense Ratio1.30%
Min. Investment$1,000
Turnover19.00%
Dividend (ttm)0.03
Dividend Yield0.18%
Dividend Growthn/a
Payout FrequencyAnnual
Ex-Dividend DateJun 13, 2025
Previous Close14.35
YTD Return16.20%
1-Year Return16.43%
5-Year Return5.03%
52-Week Low11.29
52-Week High14.67
Beta (5Y)n/a
Holdings64
Inception DateJul 16, 2018

About MACEX

Martin Currie Emerging Markets Fund Class A is an open-end mutual fund focused on providing long-term capital appreciation by investing predominantly in equities issued by companies with significant economic ties to emerging market countries. The fund employs a bottom-up, fundamentally driven investment approach, seeking high-quality businesses with strong balance sheets and attractive growth prospects often overlooked or undervalued by broader markets. Its portfolio is concentrated, with around 60 holdings, and a substantial portion allocated to the top ten positions, reflecting a high-conviction, stock-driven selection process. Core sectors include technology, communication services, financials, and consumer cyclicals, mirroring the dynamic opportunities present within emerging economies. The fund is classified within the global equity asset class and aligns itself with the MSCI Emerging Markets Index as a benchmark. With annual dividends, a moderate minimum investment requirement, and an expense ratio in line with the category average, Martin Currie Emerging Markets Fund Class A serves investors seeking diversified exposure to the growth potential and evolving landscape of emerging markets, managed through disciplined research and active selection.

Fund Family Franklin Templeton Investments
Category Diversified Emerging Mkts
Stock Exchange NASDAQ
Ticker Symbol MACEX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD

Performance

MACEX had a total return of 16.43% in the past year, including dividends. Since the fund's inception, the average annual return has been 3.63%.

Equivalent Funds

These are funds that follow the same index from the other major fund companies.

SymbolProviderNameExpense Ratio
FGOMXFidelityStrategic Advisers Fidelity Em Mkts0.36%
FPADXFidelityFidelity Emerging Markets Idx0.08%

Other Share Classes

These are alternative share classes of the same fund, from the same provider.

SymbolShare ClassExpense Ratio
MCEMXClass Is0.83%
MCEIXClass I0.94%
MEFIXClass Fi1.18%
MCECXClass C1.93%

Top 10 Holdings

47.78% of assets
NameSymbolWeight
Taiwan Semiconductor Manufacturing Company Limited233010.43%
Tencent Holdings Limited07008.67%
Samsung Electronics Co., Ltd.0059305.24%
HDFC Bank LimitedHDB4.78%
Taiwan Semiconductor Manufacturing Company LimitedTSM4.08%
ICICI Bank LimitedIBN3.75%
SK hynix Inc.0006603.12%
Alibaba Group Holding LimitedBABA2.65%
China Merchants Bank Co., Ltd.CIHHF2.56%
Reliance Industries LimitedRELIANCE2.51%
View More Holdings

Dividend History

Ex-DividendAmountPay Date
Jun 13, 2025$0.01103Jun 13, 2025
Dec 17, 2024$0.01499Dec 17, 2024
Dec 15, 2023$0.11963Dec 15, 2023
Dec 15, 2022$0.05186Dec 15, 2022
Dec 22, 2021$0.00781Dec 22, 2021
Dec 22, 2020$0.05341Dec 22, 2020
Full Dividend History