EMFMGlobal X MSCI Next Emerging & Frontier ETF
EMFM Fund Description
EMFM tracks an index of emerging and frontier markets, excluding BRIC, Taiwan and South Korea.
EMFM Factset Analytics Insight
EMFM is one of the few ETFs targeting both smaller emerging economies and frontier markets. The fund is not only inclusive of frontier markets like Kuwait, Qatar, and Vietnam, but it also excludes major emerging economies: BRIC (Brazil, Russia, India, China), Taiwan, and South Korea. Consequently, the fund has boosted exposure to smaller emerging markets like Indonesia, South Africa, Thailand, Malaysia and Mexico. While EMFM selects its constituents by market-cap, it applies stringent liquidity criteria that can exclude many frontier-market firms. The portfolio gives a fixed 75% weight to emerging market firms and the rest to frontier markets. Holdings are market-cap-weighted within those two buckets. The index is reviewed semi-annually. Prior to January 26, 2019, the fund tracked a similar index that weighted holdings by liquidity.
EMFM MSCI ESG Analytics Insight
Global X MSCI Next Emerging & Frontier ETF has an MSCI ESG Fund Rating of BBB based on a score of 5.19 out of 10. The MSCI ESG Fund Rating measures the resiliency of portfolios to long-term risks and opportunities arising from environmental, social, and governance factors. ESG Fund Ratings range from best (AAA) to worst (CCC). Highly rated funds consist of companies that tend to show strong and/or improving management of financially relevant environmental, social and governance issues. These companies may be more resilient to disruptions arising from ESG events.
The fund’s Peer Rank reflects the ranking of a fund’s MSCI ESG Fund Quality Score against the scores of other funds within the same peer group, as defined by the Thomson Reuters Lipper Global Classification. Global X MSCI Next Emerging & Frontier ETF ranks in the 28th percentile within its peer group and in the 0th percentile within the global universe of all funds covered by MSCI ESG Fund Ratings.
EMFM MSCI FaCS and Factor Box
MSCI FaCS is a standard method for evaluating and reporting the Factor characteristics of equity portfolios including ETFs. The Factor Box includes 6 Factors that MSCI has identified that historically provided a return premium. On the vertical axis, the Factor Groups, are displayed and the horizontal axis displays the Factor exposure, overweight, underweight or neutral.
EMFM Summary Data
EMFM Portfolio Data
EMFM Index Data
EMFM Portfolio Management
EMFM Tax Exposures
EMFM Fund Structure
EMFM Factset Analytics Block Liquidity
This measurement shows how easy it is to trade a $1 million USD block of EMFM. EMFM is rated a 3 out of 5.
EMFM Sector/Industry Breakdown
EMFM Top 10 Holdings[View All]
EMFM Economic Development
EMFM Performance Statistics
EMFM MSCI ESG Ratings
EMFM Benchmark Comparison Summary
EMFM Benchmark Comparison Market Cap Size