About the Emerging Europe Fund
The Emerging Europe Fund focuses on a region that shares the same continent as the established economies of western Europe, but has more in common with other emerging markets around the world. Many countries across emerging Europe are rich in resources, have strong banking sectors, healthy economies and lower debt levels than their western neighbors. The fund pursues opportunities tied to the economic growth of these countries, as many are making great strides toward meeting the European Union’s standards. Russian companies offer potential, since the country’s stocks are some of the cheapest in the world. Turkey presents a great growth story, with its young, growing population, entrepreneurial mindset and pro-business policies.
The Emerging Europe Fund seeks long-term growth of capital by investing in the Eastern Europe region.
The fund invests in dynamic companies in the Eastern European region including Russia, the Czech Republic, Hungary, Poland and other countries of the region.
The fund evaluates each of these countries’ strengths based on currency rates, GDP growth, interest rates and political stability.
The fund’s benchmark is the MSCI EM Europe 10/40 Index.
Read more about U.S. Global Investors’ investment process
The MSCI Emerging Markets Europe 10/40 Index (Net Total Return) is a free float-adjusted market capitalization index that is designed to measure equity performance in the emerging market countries of Europe (Czech Republic, Hungary, Poland, Russia, and Turkey). The index is calculated on a net return basis (i.e., reflects the minimum possible dividend reinvestment after deduction of the maximum rate withholding tax). The index is periodically rebalanced relative to the constituents' weights in the parent index.