Investor Summary

The fund is managed by a specialized emerging markets team led by Alison Shimada, Head of Total Emerging Markets Equity, and Senior Portfolio Manager Elaine Tse. The management team emphasizes extensive cultural understanding and regional stock market experience, positioning themselves as local experts who combine fundamental research with macroeconomic analysis. The team operates within Allspring Global Investments, which is owned by private funds of GTCR LLC and Reverence Capital Partners. The fund maintains a portfolio of 106-115 holdings with a focus on large-cap blend stocks, generating a dividend yield of 2.73% and maintaining a price-to-earnings ratio of 12.48.

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Fund Strategy

The fund targets companies with growth potential along with current income, leveraging a proprietary ESG process to integrate fundamental research and estimate equity value at risk from ESG issues. The investment philosophy centers on the belief that the maturation of emerging markets requires a focus on earnings growth, valuation, and shareholder yield. The team combines top-down analysis of economic and market trends with bottom-up fundamental research, emphasizing sustainable dividend yields, financial strength, competitive advantages, and capable management. The management team possesses extensive cultural understanding and regional stock market experience as local experts who combine fundamental approach with macroeconomic analysis.

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FUND PERFORMANCE AS OF 30th September 2025

ANNUALIZED SINCE INCEPTION QUARTERLY YTD
7.2% 4.5% 28.3%