IPOAX Mutual Fund

IPOAX Mutual Fund

NAV$23.19
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Fund Essentials - as of Aug 31, 2026

Net Assets
$163M
Expense Ratio
1.03%
Dividend Yield (Current)
4.00%
Holdings
92
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+11.33%
1 Year+25.24%
3 Year+26.04%
5 Year+9.49%
10 Year+11.01%

Asset Allocation

Stocks: 98.14%
Cash: 1.86%
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Top Holdings

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TickerNameWeight
2330:TWTsmc18.19%
SSNLFSamsung Electronics Ltd10.06%
000660:KRSk Hynix Inc Common Stock KRW 50005.80%
PZU:PLPowszechny Zaklad Ubezpieczen S.A. Powszechny Zaklad Ubezpieczen Sa3.16%
PETR4:BVPetroleo Brasileiro Sa (Preference)2.79%
Top 10 Concentration: 51.17%Report Date: Aug 31, 2026
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Dividend Summary

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Dividend Yield (Current)
4.00%
Frequency
Annually
Latest Distribution
$0.14
-

Peer Comparison

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

IPOAX Mutual Fund Overview

IPOAX Mutual Fund (Nomura Systematic Emerging Markets Equity Fund Class A) is managed by Nomura Asset Management Co Ltd with $162.9M in net assets. IPOAX expense ratio is 1.03%, holding 92 positions across sectors including Information Technology, Financials, Communication Services. Inception date: 1993-10-25.

IPOAX performance shows a YTD return of 11.33%. The 1-year return is 25.24% and the 5-year return is 9.49%. IPOAX dividend yield stands at 4.00%, paid annually.

IPOAX top holdings include Tsmc (18.2%), Samsung Electronics Ltd (10.1%), Sk Hynix Inc Common Stock KRW 5000 (5.8%), Powszechny Zaklad Ubezpieczen S.A. Powszechny Zaklad Ubezpieczen Sa (3.2%), Petroleo Brasileiro Sa (Preference) (2.8%). Go to all IPOAX holdings, IPOAX sectors, or IPOAX dividends.

IPOAX can be compared against other funds. Use IPOAX overlap to find shared positions, or IPOAX vs another fund for a side-by-side view. IPOAX alternatives are available via the screener, along with tax-loss harvesting opportunities.