About PWEAX
PACE International Emerging Markets Equity Investments Fund Class A is a mutual fund focused on delivering capital appreciation by investing primarily in equity securities associated with emerging market economies. The fund typically allocates at least 80% of its net assets to companies that are either domiciled in, conduct significant business within, or derive substantial revenue from emerging markets. These regions can encompass Latin America, Eastern Europe, Africa, the Middle East, and Asia, providing exposure to growth opportunities tied to rapidly developing economies.
This mutual fund is designed for investors seeking diversified access to the potential long-term growth of emerging markets through professionally managed portfolios. PACE International Emerging Markets Equity Investments Fund Class A is notable for its sector diversity and international reach, holding investments across industries including finance, manufacturing, technology, and, in part, fossil fuels—reflecting its broad market exposure. The fund’s strategy aims to capture the dynamic economic expansion and evolving consumer bases characteristic of emerging markets, making it a relevant choice for those pursuing global equity diversification.
Fund Family UBS Asset Management
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Above Average
Stock Exchange NASDAQ
Ticker Symbol PWEAX
Share Class Class A
Index MSCI EM (Emerging Markets) TR USD
PWEAX had a total return of 46.99% in the past year, including dividends. Since the fund's
inception, the average annual return has been 10.92%.