A highly concentrated portfolio of around 35 large to medium-sized companies, the fund has historically offered a good degree of protection to investors in volatile periods.
Small-caps and domestics
Federated Hermes Global Emerging Markets SMID Equity is a concentrated fund focusing on small and medium-sized companies across global emerging markets. It can also invest in frontier markets should opportunities arise.
The fund targets a high single-digit return each year over the longer-term of five to 10 years. Just over a fifth of the fund is currently invested in India.
The regional approach
GQG Emerging Markets Equity Fund is a concentrated portfolio of high quality companies with durable earnings.
The emphasis is on future quality, rather than companies that have simply done well historically.
We particularly like the investment it has made in research and the use of former investigative journalists and specialist accountants to help give them an edge.
The fund currently has almost a third (32 per cent) of its exposure in Indian equities.
Darius McDermott is managing director of Chelsea Financial Services and FundCalibre
