These are the ten equity funds with the most exposure to Russia

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The ongoing war between Russia and Ukraine worries financial markets around the world. This war will have an indirect impact on almost everyone because Russia is the second largest producer of crude. On the other hand, the war will have a direct impact on companies and funds exposed to Russia, Ukraine or both. Let’s take a look at the ten equity funds with the most exposure to Russia.

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Ten equity funds with the largest exposure to Russia

We used equity fund data from Morningstar Direct to find the ten equity funds with the most exposure to Russia. We have ranked the funds according to their exposure to Russia. Here are the ten equity funds with the most exposure to Russia:

  1. Invesco Developing Markets Fund (7.9%)

Invesco Developing Markets Fund (MUTF:ODMAX) invests primarily in high-growth large and mega-cap companies in emerging and developing markets. This fund has returned almost -2% over the past month and over 10% over the past three years. The fund’s four main holdings are: Taiwan Semiconductor Manufacturing, Housing Development Finance Corp, AIA Group and NOVATEK PJSC DR.

  1. MFS Emerging Markets Equity Fund (7.9%)

MFS Emerging Markets Equity Fund (MUTF:MEMAX) generally invests in equity securities of issuers economically linked to countries in emerging markets, including Latin America, Asia, Africa, Middle East , etc This fund has returned over 2% in the past month and over 7% over the past three years. The four main holdings of the fund are: Taiwan Semiconductor Manufacturing, Samsung Electronics, Tencent Holdings and Alibaba Group.

  1. Harding Loevner Emerging Markets Advisor (8.6%)

Harding Loevner Emerging Markets (MUTF:HLEMX) invests primarily in emerging market securities, including frontier market securities and investment companies. This fund has returned over 3% in the past month and over 11% over the past three years. The fund’s four main holdings are: Taiwan Semiconductor Manufacturing, Samsung Electronics, EPAM Systems and Tencent Holdings.

  1. Harding Loevner Instl Emerg Mkts (8.7%)

Harding Loevner Institutional Emerging Markets (MUTF:HLMEX) also invests in emerging market securities, including frontier market securities, as well as investment firms that invest in such securities. This fund has returned over 3% in the past month and over 11% over the past three years. The fund’s top four holdings are the same as HLEMX’s.

  1. Resources GMO III (10.7%)

GMO Resources Fund (MUTF:GOFIX) invests primarily in the natural resources sector, which includes companies that own, produce, refine, process, transport and market natural resources, as well as companies providing related services. This fund has returned more than 3% over the past month and nearly 22% over the past three years. The fund’s four main holdings are: Royal Dutch Shell PLC, Bradespar SA Participating Preferred, Glencore PLC and Clean Energy Fuels.

  1. Invesco Emerging Markets All Cap A (11.6%)

Invesco Emerging Markets All Cap Fund (MUTF: GTDDX) typically invests in a combination of value and growth stocks across a range of market capitalizations. This fund has returned approximately 0.23% over the past month and more than 12% over the past three years. The fund’s four main holdings are: Samsung Electronics, Taiwan Semiconductor Manufacturing, Yandex NV Shs Class-A and Yum China Holdings.

  1. GMO Emerging Markets III (13.3%)

The GMO Emerging Markets Fund (MUTF: GMOEX) invests directly or indirectly in companies that are economically linked to markets that are not treated as “developed markets in the MSCI World Index”. This fund has returned nearly 4% over the past month and nearly 10% over the past three years. The fund’s four main holdings are: Taiwan Semiconductor Manufacturing, Tencent Holdings, China Construction Bank and Samsung Electronics.

  1. Kopernik Global All-Cap I (13.6%)

The Kopernik Global All-Cap (MUTF:KGGIX) fund invests primarily in equity securities of US and non-US companies of all sizes. It may also invest in securities of issuers located in emerging or frontier markets. This fund has returned nearly -1% over the past six months and nearly 21% over the past three years. The fund’s four main holdings are: Gazprom PJSC, Turquoise Hill Resources, Cameco and Newcrest Mining.

  1. Emerging Markets Equity JNL/GQG I (15.6%)

This fund invests primarily in equity securities of companies in emerging markets. In equity securities, the fund invests primarily in publicly traded common stocks, but may also invest in certificates of deposit. This fund has returned almost -1% over the past month and over 14% over the past three years. The fund’s four main holdings are: Taiwan Semiconductor Manufacturing, Housing Development Finance, Sberbank Rossii PAO and Samsung Electronics.

  1. GQG Partners Emerging Markets Equity Fund (16.6%)

GQG Partners Emerging Markets Equity Fund (MUTF:GQGRX) invests primarily in equity securities (common listed shares) of emerging market companies. It can also invest in certificates of deposit and P-Notes. GQGRX has returned over 2% over the past month and over 16% over the past three years. The fund’s four main holdings are: Taiwan Semiconductor Manufacturing, Infosys (ADR), Housing Development Finance and ASML Holding.

7 Metaverse Stocks That Can Be Out Of This World

If you’re a bit confused as to what the Metaverse is or will be. You’re not alone. In fact, as recently as November 2021, many senior tech executives who have plans for the Metaverse have struggled to define the Metaverse.

One of the best descriptions I’ve heard is that the metaverse will be Web 2.0. It will allow participants to interact in an interactive world combining virtual reality, augmented reality and video. It will be a world where you can visit digital representations of real houses and buy digital representations of real-world objects.

However, even that seems too simplistic. The way he is described by Metaplatforms CEO Mark Zuckerberg, it will be a world where your avatar can spend time with distant friends and family in a more realistic, albeit still virtual, way. I hope it’s not just me, but the whole concept leaves me feeling…disconnected. What I know is strange because the whole point is the connection.

However, many tech companies are pumping money into the metaverse, or at least their idea of ​​it. And institutional investors realize this. This combination is almost always an indicator of stocks that are on their way higher.

This is the purpose of this article; to point out seven companies that are likely to be big players in the metaverse. And after a major correction in the tech sector, now may be the perfect time to buy these stocks at a discount.

See the “7 Metaverse Stocks That Can Be Out of This World”.

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