DMS Funds has launched the DMS Poland Index Fund, a mutual fund company offering funds based on stock exchange and sector benchmark indexes in emerging and frontier markets.
The DMS Poland Index Fund seeks to replicate as closely as possible, before fees and expenses, the price and performance of the WIG20 Index which comprises the 20 largest companies trading on the Warsaw Stock Exchange.
"We’re delighted to announce the newest addition to the DMS Funds family. As with all DMS Funds, the DMS Poland Index Fund is based on an established benchmark index – in this instance, the WIG20 Index – to provide US investors access to the investment opportunity of an emerging market," says Peter R Kohli, chief executive and chief investment officer of DMS Funds.
The top 10 companies in the WIG20, responsible for 83.21 per cent of its weighting, represent Poland’s banking, insurance, basic materials, oil and gas, energy and telecom industries.