AECHX — Emerging Markets Small Cap Fund
Data updated: 2025-04-18
AECHX — Emerging Markets Small Cap Fund. Emerging Markets Mid Cap Growth Equity · $21.15M AUM. Holdings, fees, performance and SEC filings.
AECHX Fund Overview
AECHX — Emerging Markets Small Cap Fund is a US mutual fund managed by American Century World Mutual Funds INC, categorised as Emerging Markets Mid Cap Growth Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: American Century World Mutual Funds INC
- Category: Emerging Markets Mid Cap Growth Equity
- Assets under management: $21.15M
- 1-year return: -5.5%
- Ticker: AECHX
- SEC CIK: 0000872825
- SEC series ID: S000053102
- Share class ID: C000167119
AECHX Investment Objective and Strategy
Emerging Markets Small Cap Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by American Century World Mutual Funds INC.
Investment objective
The fund seeks capital growth.
Principal investment strategy
The fund will invest at least 80% of its net assets in securities issued by small cap companies that are located in emerging market countries. The fund generally invests in equity securities that are denominated in foreign currencies. The portfolio managers consider small cap companies to include companies that, at the time of purchase, have market capitalizations not greater than the larger of the market capitalization of the largest company in the MSCI Emerging Markets Small Cap Index or $6 billion. As of January 31, 2018 , the total market capitalization of the largest company in the index was $6.6 billion . The fund considers an emerging market country to be any country other than a developed country. However, the fund generally intends to focus its investments in the subset of emerging markets countries that comprise the MSCI Emerging Markets Small Cap Index.
The countries comprising the index will change from time to time, but as of December 29, 2017 include: Brazil, Chile, China, Colombia, Czech Republic, Egypt, Greece, Hungary, India, Indonesia, Korea, Malaysia, Mexico, Pakistan , Peru, Philippines, Poland, Qatar, Russia, South Africa, Taiwan, Thailand, Turkey and United Arab Emirates. In addition, a portion of the funds assets may be invested in frontier markets (emerging market countries at an earlier stage of development). In determining where a company is located, the portfolio managers will consider various factors, including where the company is headquartered, where the companys principal operations are located, where the companys revenues are derived, where the principal trading market is located and the country in which the company was legally organized.
The weight given to each of these factors will vary depending on the circumstances in a given case. The portfolio managers look for equity securities of companies they believe will increase in value over time, using an investment strategy developed by the funds investment advisor. In implementing this strategy, the portfolio managers make their investment decisions based primarily on their analysis of individual companies, rather than on economic forecasts. Management of the fund is based on the belief that, over the long term, stock price movements follow growth in earnings, revenues and/or cash flow. The portfolio managers use a variety of analytical research tools and techniques to help them buy or hold stocks of companies that meet their investment criteria and sell the stocks of companies that do not.
Under normal market conditions, the funds portfolio managers seek securities of companies whose earnings, revenues or key business fundamentals are not only growing, but growing at an accelerating pace. The fund may engage in active and frequent trading of portfolio securities to achieve its principal investment strategies. This may cause higher transaction costs and may affect performance. It may also result in the realization and distribution of capital gains.
AECHX Holdings
Top 10 holdings of Emerging Markets Small Cap Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Hyundai Rotem Co Ltd | 2.63% |
| Intercorp Financial Services Inc | 2.57% |
| State Street Navigator Securities Lending Trust - State Street Navigator Securities Lending Government Money Market Portfolio | 2.43% |
| Embraer SA | 2.11% |
| ASMedia Technology Inc | 2.03% |
| Piraeus Financial Holdings SA | 2.02% |
| Elite Material Co Ltd | 1.97% |
| Poly Medicure Ltd | 1.74% |
| Clicks Group Ltd | 1.73% |
| BNK Financial Group Inc | 1.70% |
AECHX Portfolio Allocation
Asset-class allocation of Emerging Markets Small Cap Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 100.2% |
| Cash & Equivalents | 2.4% |
AECHX Performance
Total returns for AECHX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -5.5% |
| 3 years (annualised) | -0.1% |
| 5 years (annualised) | 4.7% |
AECHX Risk Information
Risk metrics for AECHX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 8.8%
AECHX Costs and Fees
AECHX costs about $239 per $10,000 invested per year in fund expenses.
- Net expense ratio: 2.39%
- Gross expense ratio: 2.39%
- Portfolio turnover: 70%
- Brokerage commissions: 9.32 bps of average net assets (SEC N-CEN)
AECHX Cashflows
Over the 12 months to 2025-02, Emerging Markets Small Cap Fund had net inflows of $4.92M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2025-02 | −$784.24K |
| 2025-01 | $140.95K |
| 2024-12 | $85.15K |
| 2024-11 | $847.51K |
| 2024-10 | −$197.71K |
| 2024-09 | $21.43K |
AECHX Debt Constituents
No individual debt constituents are reported in Emerging Markets Small Cap Fund's latest SEC N-PORT filing.
AECHX Prospectus and SEC Filings
Official Emerging Markets Small Cap Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2025-03-28
- Prospectus (485BPOS) — filed 2024-03-28
- Prospectus (485BPOS) — filed 2023-03-30
- Portfolio holdings (N-PORT) — filed 2025-04-18
- Portfolio holdings (N-PORT) — filed 2025-01-24
- Portfolio holdings (N-PORT) — filed 2024-10-28
- Annual census (N-CEN) — filed 2025-02-06
- Annual census (N-CEN) — filed 2024-02-07
Related Funds
Other Emerging Markets Mid Cap Growth Equity funds tracked on ABC INVEST:
Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.