focused emerging disclouser
Mondrian initially screens a universe for securities with market capitalizations of approximately $3.5 billion at the inception of the position, equating to over 500 companies and roughly 90% of the MSCI EM Index by aggregate market capitalization.
All countries in the MSCI EM index are considered, but we are not restricted to the markets or stocks in the benchmark index. Mondrian can invest in any company with a primary listing on a stock exchange outside the United States, Canada or EAFE markets. In addition, any company listed on the aforementioned that has greater than 50% of its profits, assets or revenues generated from an emerging market would be a candidate for inclusion.