The fund has been set up as a variable capital company and extends Northern Trust Global Investments’ (NTGIL’s) existing range of Dublin-domiciled, UCITS III qualifying, pooled, quantitative funds available to non-US investors.
The fund takes the MSCI Emerging Markets Index as its benchmark and will be managed using NTGI’s proprietary ‘intelligent indexing’ process which uses unique optimization and trading strategies to add value beyond traditional index investment techniques.
Jason Toussaint, senior quantitative strategist at NTGIL, said: Emerging market stocks provide investors with some of the best long-term return prospects in the world. We are seeing increasing demand from investors, some who have not previously allocated assets to emerging markets, for funds that will enable them to do so in a risk-controlled way. Using an index fund can be a highly effective way for many investors to access emerging markets for the first time, and, equally, can be used in conjunction with active investment strategies.
