New Ireland Global Emerging Markets

Global Emerging Markets S5 invests mainly in the State Street Global Emerging Markets Screened Index Equity Fund, which in turn seeks to track the MSCI Emerging Markets Screened Choice Index as closely as reasonably possible over the long term. The fund therefore gives exposure to emerging market equities, with small amounts of cash also allowed. Because it is a fund-of-funds structure, the return of Global Emerging Markets S5 may differ from the return of the underlying State Street fund.

Yes. Global Emerging Markets S5 is a passive fund, meaning it is designed to follow the performance of its benchmark rather than try to outperform it through stock picking. Its underlying State Street fund aims to track the MSCI Emerging Markets Screened Choice Index. Passive funds typically aim to keep portfolio changes in line with the index they follow.

Global Emerging Markets S5 has exposure to large emerging-market companies such as Alibaba Group Holding, Taiwan Semiconductor Manufacturing, Tencent Holdings, HDFC Bank and Reliance Industries. The holdings reflect a diversified emerging markets equity portfolio rather than a single-country or single-sector approach. The exact composition can change as the underlying index changes.

Global Emerging Markets S5 is aimed at investors who want long-term exposure to emerging markets and are comfortable with higher levels of risk. The recommended investment horizon is medium to long term, at least 5-7 years, which means it is intended for investors who can stay invested through market ups and downs. Its high-risk profile means the value can rise and fall significantly over time.

Global Emerging Markets S5 carries a high risk rating and is exposed to sustainability risks. Sustainability risks are environmental, social or governance issues that could affect how well the investments perform. Because the fund invests in emerging markets equities, investors should also expect the prices to be more volatile than those of lower-risk funds.