Benchmark: MSCI Emerging Markets Total Return (Net)
Inception Date: 31-Dec-14
Aurora Emerging Markets Equity is a concentrated 25-40 stock bottom-up, benchmark agnostic strategy which delivers outperformance against emerging market indices, while operating with significantly less volatility than the indices and the majority of standard emerging market equity funds over time.
We believe that growth drives returns, quality protects against downside, and valuation matters.This philosophy is applied through a fundamental bottom-up stock selection-based process which creates concentrated portfolios of stocks which each have significantly better quality and growth characteristics than the market average, but are not overvalued at the time of purchase. In emerging markets, we also give deep consideration to the quality and growth prospects of the countries and sectors, eliminating some from consideration at an early stage in the process. The strategy will typically be overweight in Asian markets, including small-cap stocks.