Bringing you live news and features since 2006 

Mutual funds

Dreyfus launches emerging markets equity mutual fund

RELATED TOPICS​

The Dreyfus Corporation, a BNY Mellon company, has launched the Dreyfus TOBAM Emerging Markets Fund, an actively-managed emerging markets equity mutual fund.

 TOBAM's patented investment process, which aims to provide an optimal diversification of risk contribution, is designed to enhance an investor's risk/return profile versus traditional capitalisation-weighted strategies.  
 
"Investors who are indexing the core of their portfolio have significant unmanaged risk," says Curtis Arledge, chief executive officer of BNY Mellon Investment Management.  "We believe a strategy that actively manages risk, by optimally diversifying risk contribution, is a more intelligent way to build core exposure for client portfolios. By using an optimal diversification approach, TOBAM seeks to avoid benchmark biases and neutrally allocate risks, in order to produce a portfolio with less risk and greater return potential over time."
 
"Diversification is a powerful tool which combines a set of non-fully correlated assets, seeking results in a portfolio whose risk is lower than the weighted average of the single assets' risks," says Yves Choueifaty, president and chief investment officer of TOBAM. "Unlike benchmarks, TOBAM's unique Diversification Ratio aims to eliminate bias toward high or low volatility stocks.  It is long only, with no leverage, and is fully invested."

Latest News

European ETFs raised USD47.8 billion in Q1, a 15 per cent increase compared to the same period in 2023, according..
LSEG Lipper’s March report finds that globally equity ETFs (+EUR113.2 billion) enjoyed the highest estimated net inflows for the month,..
Morningstar has published a review of the European ETF market for the first quarter 2024, which finds that it gathered..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..

Related Articles

Kristen Mierzwa, FTSE Russell
Index Investments Group (IIG), a division within index provider FTSE Russell, has extended its range of indices through two new...
ETFs
US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles...
Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by