RADMFEMT
RAFI Dynamic Multi-Factor Emerging Markets Index
DATA AS OF: 2017-12-31 ASSET CLASS: Equity
Commentary
The RAFI Dynamic Multi-Factor Emerging Markets Index underperformed the MSCI Emerging Markets Index by 175bps for the quarter ending September 2017. Three of the four underlying single-factor indices underperformed the market, with Low Volatility underperforming by 653bps. The RA Momentum Factor EM strategy was the lone bright spot, outperforming the market by 89bps.
Trailing Returns
SOURCE: FactSet | Data: As of 03/31/2018 in USD | INCEPTION DATE: 01/31/2017
* Inception to Date (ITD) uses the first full month of returns after inception date. All returns prior to inception are simulated, please see disclosures for important information regarding simulated performance.
** Annualized Tracking error calculated against each section’s appropriate benchmark using the first full month of returns following index inception. Index returns prior to inception are simulated.
Characteristics
SOURCE: FactSet | Data: As of 03/31/2018 in USD | INCEPTION DATE: 01/31/2017
NOTE: Portfolio characteristics derived from FactSet. Data prior to launch is simulated. One-way turnover data is historical average based on simulated history. Capacity is estimated at 50 basis point market impact level.
Factor Sleeve Allocations
DATA: As of 03/31/2018 in USD | SOURCE: FactSet
Top 10 Holdings
SOURCE: FactSet | DATA: As of 03/31/2018 in USD
Sectors
SOURCE: FactSet | DATA: As of 03/31/2018 in USD
Regions
SOURCE: FactSet | DATA: As of 03/31/2018 in USD
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