Redwheel Global Emerging Equity Fund Class I (RWCIX)
| Fund Assets | 203.33M |
| Expense Ratio | 1.37% |
| Min. Investment | $250,000 |
| Turnover | 105.00% |
| Dividend (ttm) | 0.12 |
| Dividend Yield | 0.95% |
| Dividend Growth | 84.18% |
| Payout Frequency | Annual |
| Ex-Dividend Date | Dec 30, 2024 |
| Previous Close | 12.26 |
| YTD Return | 17.27% |
| 1-Year Return | 7.91% |
| 5-Year Return | 18.88% |
| 52-Week Low | 9.65 |
| 52-Week High | 12.43 |
| Beta (5Y) | n/a |
| Holdings | 75 |
| Inception Date | Sep 8, 2017 |
About RWCIX
The Redwheel Global Emerging Equity Fund Class I is an institutional mutual fund focused on long-term capital appreciation through investments primarily in equity securities of companies located in emerging markets. The fund allocates at least 80% of its net assets to equity holdings, providing diversified exposure across various regions and sectors within emerging economies. Its portfolio typically includes a blend of large companies, with notable holdings in technology, communication services, basic materials, real estate, and financial services. The strategy employs a "Growth At A Reasonable Price" investment approach, combining top-down macroeconomic analysis with fundamental research to identify opportunities with attractive risk/return profiles. The fund may also use derivatives, such as equity-linked notes and swaps, to access markets where direct investment poses challenges. Managed by RWC Asset Advisors, the fund is designed for institutional investors, featuring a relatively high minimum investment and an expense structure in the upper range compared to peers. It plays a significant role for investors seeking exposure to the growth potential and diversification benefits offered by emerging equity markets worldwide.
Performance
RWCIX had a total return of 7.91% in the past year, including dividends. Since the fund's inception, the average annual return has been 1.64%.
Other Share Classes
These are alternative share classes of the same fund, from the same provider.
| Symbol | Share Class | Expense Ratio |
|---|---|---|
| RWCEX | Institutional Class Shares | 1.25% |
| RWCNX | Class N Shares | 1.62% |
Top 10 Holdings
33.65% of assets| Name | Symbol | Weight |
|---|---|---|
| Tencent Holdings Limited | 0700 | 4.63% |
| BYD Company Limited | BYDDF | 3.95% |
| MediaTek Inc. | 2454 | 3.79% |
| Samsung Electronics Co., Ltd. | 005930 | 3.38% |
| First Quantum Minerals Ltd. | FM | 3.35% |
| Kuaishou Technology | 1024 | 3.32% |
| Meituan | 3690 | 3.12% |
| Taiwan Semiconductor Manufacturing Company Limited | 2330 | 2.84% |
| Longfor Group Holdings Limited | 0960 | 2.80% |
| Bharti Airtel Limited | BHARTIARTL | 2.48% |
Dividend History
| Ex-Dividend | Amount | Pay Date |
|---|---|---|
| Dec 30, 2024 | $0.1164 | Dec 31, 2024 |
| Dec 28, 2023 | $0.0632 | Dec 29, 2023 |
| Dec 29, 2022 | $0.0427 | Dec 30, 2022 |
| Dec 30, 2021 | $0.2969 | Dec 31, 2021 |
| Dec 14, 2021 | $1.8767 | Dec 15, 2021 |
| Dec 30, 2020 | $0.0292 | Dec 31, 2020 |