The asset manager TOBAMtoday announced that it has launched the Anti-Benchmark Emerging Markets Equityfund (UCITS III) on June 30, 2011.
The Anti-Benchmark Emerging Markets Equity fund seeks tomaximize diversification across the investment universe, as represented by theMSCI Emerging Markets Equity index, by applying TOBAM’s patented maximumdiversification approach.
By maximizing diversification across the emerging markets equity universe –a universe with numerous and complex geographical, political, sector and otherrisk factors – the Fund aims to deliver the full equity risk premium toinvestors. This fund applies a one-step optimization to maximizediversification at the global level, bypassing the sector, country and stylebiases that more traditional allocation methods such as capitalizationweighting can lead to.
The Fund aims to outperform the emerging markets equity cap-weighted benchmark by 4-6%per annum over a market cycle, while at the same time delivering significantlyless volatility (typically 30%).
The Anti-Benchmark Emerging Markets Equity fund has alreadyraised $135 million. The Fund complements TOBAM’s existing fund range,which now contains 8 flagship funds covering regional and global equities aswell as commodities.
Key Fund Information:
- Name : TOBAM Anti-Benchmark EmergingMarkets Equity Fund
- Structure: French FCP (UCITS III)
- Classification: EmergingMarkets Equities
- Reference Indicator : MSCIEmerging Markets Index
- ISIN : FR0011039320
- Liquidity : Daily
