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 and manufacturing sectors, healthy economies and lower debt levels than their western neighbors. The fund pursues opportunities tied to the economic growth of these countries, and invests at least 80 percent of its assets in equites securities of companies located in the emerging markets of Eastern Europe. Turkey presents a growth opportunity, with its young, growing population, entrepreneurial mindset and pro-business policies. Poland is also on the rise and is one of the fastest growing economies in Europe. Poland’s economy was upgraded to developed market status from advanced emerging economy. The fund also invests a small portion of assets in Western Europe, and also looks for opportunities in countries who are not part of the eurozone, but are making great strides toward meeting the European Union’s standards.

Fund Objective

The Emerging Europe Fund seeks long-term growth of capital by investing in the Eastern Europe region.

Fund Strategy

The fund invests in dynamic companies in the Eastern European region including the Czech Republic, Greece, Hungary, Poland, Russia, Turkey 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.

Net Asset Value
as of 10/15/2021

Global Resources Fund PSPFX $6.88 0.07 Gold and Precious Metals Fund USERX $12.31 -0.08 World Precious Minerals Fund UNWPX $4.72 -0.06 China Region Fund USCOX $8.31 0.14 Emerging Europe Fund EUROX $7.42 0.04 Global Luxury Goods Fund USLUX $24.56 0.26 Near-Term Tax Free Fund NEARX $2.23 No Change U.S. Government Securities Ultra-Short Bond Fund UGSDX $1.99 No Change