IPOAX Mutual Fund

NAV$25.38

Fund Essentials - as of Mar 31, 2026

Net Assets
$143M
Expense Ratio
1.05%
Dividend Yield (Current)
8.07%
Holdings
87
Inception Date
Oct 25, 1993
Fund Family
Nomura Asset Management Co Ltd
Investment Style
PRO
Asset Class
PRO
Legal Structure
PRO
Dividend Frequency
Annually

Performance

YTD+21.82%
1 Year+39.85%
3 Year+20.57%
5 Year+3.81%
10 Year+9.94%

Asset Allocation

Stocks: 99.19%
Cash: 0.81%

Price Chart (6M)

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Top Holdings

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TickerNameWeight
2330:TWTaiwan Semiconductor Manufacturing Co. Ltd.16.62%
005930:KRSamsung Electronics Co., Ltd. (South Korea)7.09%
0700:KYTencent Holdings Ltd Ordinary Shares4.19%
PETR4:BVPetrobras Petroleo Bras Pref3.19%
PZU:PLPowszechny Zaklad Ubezpieczen S.A. Powszechny Zaklad Ubezpieczen Sa2.91%
Top 10 Concentration: 46.06%Report Date: Mar 31, 2026
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Dividend Summary

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Dividend Yield (Current)
8.07%
Frequency
Annually
Latest Distribution
$0.14
-

Peer Comparison

Benchmark
PRO
Peer outperformance: PRO
Category rank: PRO
This Mutual Fund
PRO
Peer Avg
PRO
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IPOAX Mutual Fund Overview

IPOAX Mutual Fund (Nomura Systematic Emerging Markets Equity Fund Class A) is managed by Nomura Asset Management Co Ltd with $142.6M in net assets. IPOAX expense ratio is 1.05%, holding 87 positions across sectors including Unknown, Financials, Communication Services. Inception date: 1993-10-25.

IPOAX performance shows a YTD return of 21.82%. The 1-year return is 39.85% and the 5-year return is 3.81%. IPOAX dividend yield stands at 8.07%, paid annually.

IPOAX top holdings include Taiwan Semiconductor Manufacturing Co. Ltd. (16.6%), Samsung Electronics Co., Ltd. (South Korea) (7.1%), Tencent Holdings Ltd Ordinary Shares (4.2%), Petrobras Petroleo Bras Pref (3.2%), Powszechny Zaklad Ubezpieczen S.A. Powszechny Zaklad Ubezpieczen Sa (2.9%). View all IPOAX holdings, sector breakdown, or dividend history.

IPOAX can be compared against other funds using the overlap calculator or side-by-side comparison tool. IPOAX alternatives are available via the screener, along with tax-loss harvesting opportunities.