Arrowstreet Emerging Markets Fund
Macquarie Professional Series
Features and benefits
The Arrowstreet Emerging Markets Fund provides your portfolio with all the benefits of diversification by investing in emerging markets around the world. The fund holds a portfolio of between 100 to 250 emerging market stocks and offers:
- Exposure to companies in emerging economies with potential for high levels of growth
- An active, quantitative process that aims to add value through varying market conditions
- Tactical (temporary), rather than systematic (constant), tilts away from the benchmark (eg favouring value stocks over growth stocks, or large companies over small companies).
This fund is closed to new investment.
More information
| Fund Name | Arrowstreet Emerging Markets Fund |
| Investment manager | Arrowstreet Capital, L.P. Boston, Mass. |
| Investment objective | To seek to achieve a long-term (at least seven years) total return before fees and expenses that exceeds the MSCI Emerging Markets Index, in A$ unhedged with net dividends re-invested |
| Investment Approach | Active, quantitative investment approach that seeks to capitalise on opportunities across a broad universe of stocks |
| Minimum investment | $20,000 |
| Asset allocation |
International shares: 95% to 100% Cash: 0% to 5% |
| Distributions | Paid annually as at 30 June. If any |
| Applications | Daily |
| Withdrawals | Daily |
| Entry Fee | Nil |
| Exit Fee | Nil |
| Inception date | 9 July 2007 |
| Benchmark | MSCI Emerging Markets Index, in $A unhedged with net dividends reinvested |
| Number of stocks | Generally 100-250 |
| Buy/sell spread | +0.47% / -0.52% |
| Management fees | 1.48% p.a. (inclusive of GST) |
About Arrowstreet
Arrowstreet Capital L.P. (Arrowstreet) is a global equity manager based in Boston, Massachusetts. Formed in July 1999, Arrowstreet is registered with the Securities and Exchange Commission of the US. Arrowstreet is structured as a limited partnership that is wholly owned and controlled by its senior professionals. As at 30 September 2009, Arrowstreet managed more than US$21 billion in assets for its clients globally, which include pension funds, foundations and corporations.
Arrowstreet’s investment process uses forecasting models that combine the experience and judgement of Arrowstreet’s investment team with quantitative analysis to forecast individual stock returns. Stock forecasts are based upon a diverse set of predictive factors that can be categorised as value, momentum, earnings, high frequency and currency signals.
Value signals allow the strategy to identify stocks that are either undervalued or overvalued relative to fundamentals.
Momentum signals allow the strategy to identify stocks that are expected to outperform based on the slow reflection of information in security prices and the speculative behaviour of investors.
Earnings signals help the strategy identify future profits and changes in market sentiment.
High frequency signals such as price patterns, help identify short-term opportunities and are useful in timing longer term trades driven by value, momentum or earnings considerations.
Currency signals help improve the currency exposure in a given portfolio.
In constructing the final portfolio, Arrowstreet uses an optimisation process to balance the trade-off between a stock’s expected return, its contribution to portfolio risk, and its trading costs.
Macquarie Professional Series
Contact us
Service
1800 806 310
financial adviser
Sales
1800 245 555
Did you know...
You can invest your super in international shares with SuperOptions, your simple but flexible superannuation plan.
Is this fund right for you?
Speak to a Macquarie Private Wealth financial adviser to find out if this fund suits your portfolio.