About TEQKX
Nuveen Emerging Markets Equity Index Fund Class A is a mutual fund designed to capture the performance of publicly traded companies in emerging markets economies. Its primary function is to provide investors with long-term total return, mainly through capital appreciation, by investing at least 80% of its assets in equities that are part of the MSCI Emerging Markets Index or securities with similar attributes. The fund employs an indexing strategy, seeking to closely match the overall investment attributes of its benchmark, rather than selecting individual stocks based on active management criteria.
The portfolio is broadly diversified, comprising over 1,200 holdings across various sectors and geographies within emerging markets. Major exposures include technology, financial services, consumer cyclical, energy, and communication services industries. Notable companies in the portfolio often include prominent names such as Taiwan Semiconductor Manufacturing Co Ltd, Tencent Holdings, Samsung Electronics, and Alibaba Group Holding.
This fund plays a significant role in the market by offering cost-efficient access to developing economies, which can be underrepresented in traditional global equity portfolios. It is well-suited for investors aiming to participate in the growth potential of emerging markets via a passively managed, index-tracking vehicle.
Fund Family Nuveen
Category Diversified Emerging Mkts
Performance Rating Average
Risk Rating Average
Stock Exchange NASDAQ
Ticker Symbol TEQKX
Share Class Class A
Index MSCI EM (Emerging Markets) NR USD
TEQKX had a total return of 33.95% in the past year, including dividends. Since the fund's
inception, the average annual return has been 4.22%.
