Emerging Markets Equity Portfolio
Data updated: 2026-08-20
C000050280 — Emerging Markets Equity Portfolio. Emerging Markets Mid Cap Growth Industrials Equity · $1.54B AUM. Holdings, fees, performance and SEC filings.
C000050280 Fund Overview
Emerging Markets Equity Portfolio is a US mutual fund managed by Northwestern Mutual Series Fund INC, categorised as Emerging Markets Mid Cap Growth Industrials Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Northwestern Mutual Series Fund INC
- Category: Emerging Markets Mid Cap Growth Industrials Equity
- Assets under management: $1.54B
- 1-year return: 56.3%
- SEC CIK: 0000742212
- SEC series ID: S000018232
- Share class ID: C000050280
C000050280 Investment Objective and Strategy
Emerging Markets Equity Portfolio describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Northwestern Mutual Series Fund INC.
Investment objective
The investment objective of the Portfolio is to seek capital appreciation.
Principal investment strategy
The Portfolio normally invests at least 80% of net assets (plus any borrowings for investment purposes) in equity securities of issuers that are tied economically to emerging market countries. The Portfolio invests primarily in common stocks, but may also invest in other types of equity securities, including but not limited to, preferred stocks and American Depositary Receipts (ADRs) and other depositary receipts for those securities. Emerging market countries include countries determined by the Portfolios adviser to have emerging market economies, taking into account a number of factors, such as the countrys credit rating, its political and economic stability and the development of its financial and capital markets. Emerging market countries include, but are not limited to, all countries that comprise the MSCI Emerging Markets Index.
A company is considered to be an emerging market company if the adviser determines that the company meets one or more of the following criteria: the company is organized under the laws of, or has its principal office in an emerging market country; has its principal securities trading market in an emerging market country; and/or derives the majority of its annual revenue or earnings or assets from goods produced, sales made or services performed in an emerging market country. The Portfolio may also invest in equity securities of issuers that are not tied economically to emerging market countries. Such investments will not exceed 20% of the net assets of the Portfolio. The Portfolio may invest in securities denominated in U.S. Dollars and currencies of emerging market countries in which it is permitted to invest.
The Portfolio typically has full currency exposure to those markets in which it invests. The Portfolio may invest in companies of any size. The Portfolio may invest in securities of any market sector and, from time to time, as a result of the advisers stock selection process, may hold a significant amount of securities of companies within a single sector , such as the information technology sector. The adviser may invest a large percentage of the Portfolios assets in issuers in a single country, a small number of countries, or a particular geographic region. The Portfolio currently anticipates that it will have significant exposure to Mainland China equity and equity-related securities including through the Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect program or by any other available means.
Further, the Portfolio may hold and maintain large positions in a single or small number of securities as a result of the advisers investment strategy. In seeking to achieve the Portfolios investment objective the adviser invests in quality companies and is an active, engaged owner. The adviser evaluates every company against quality criteria and builds conviction using a team-based approach and peer review process. The quality assessment covers five key factors: 1) the durability of the business model, 2) the attractiveness of the industry, 3) the strength of financials, 4) the capability of management, and 5) the most material environmental, social and governance (ESG) factors impacting a company. The specific factors considered may vary depending on the type of company being evaluated. Consideration of ESG factors may not be determinative in the advisers investment process and the adviser may conclude that other attributes of an investment outweigh ESG considerations when making investment decisions for the Portfolio.
The adviser seeks to understand what is changing in companies, industries and markets but is not being priced into the market or is being mispriced. Through fundamental research, supported by a global research presence and proprietary tools, the adviser seeks to identify companies whose quality is not yet fully recognized by the market.
C000050280 Holdings
Top 10 holdings of Emerging Markets Equity Portfolio by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Samsung Electronics Co Ltd | 10.25% |
| Taiwan Semiconductor Manufacturing Co Ltd | 9.94% |
| SK hynix Inc | 8.70% |
| MediaTek Inc | 4.41% |
| Tencent Holdings Ltd | 4.21% |
| Grupo Mexico SAB de CV | 3.15% |
| HDFC Bank Ltd | 3.08% |
| NAURA Technology Group Co Ltd | 2.92% |
| Contemporary Amperex Technology Co Ltd | 2.41% |
| Chroma ATE Inc | 2.38% |
C000050280 Portfolio Allocation
Asset-class allocation of Emerging Markets Equity Portfolio by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 98.4% |
C000050280 Performance
Total returns for C000050280 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | 30.7% |
| 1 year | 56.3% |
| 3 years (annualised) | 22.9% |
| 5 years (annualised) | 5.6% |
C000050280 Risk Information
Risk metrics for C000050280, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 23.5%
C000050280 Costs and Fees
C000050280 costs about $78 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.78%
- Gross expense ratio: 1.05%
- Portfolio turnover: 35%
- Brokerage commissions: 4.14 bps of average net assets (SEC N-CEN)
C000050280 Cashflows
Over the 12 months to 2026-06, Emerging Markets Equity Portfolio had net outflows of $211.16M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$38.96M |
| 2026-05 | −$41.93M |
| 2026-04 | −$15.19M |
| 2026-03 | −$16.41M |
| 2026-02 | −$15.85M |
| 2026-01 | −$11.21M |
C000050280 Debt Constituents
No individual debt constituents are reported in Emerging Markets Equity Portfolio's latest SEC N-PORT filing.
C000050280 Prospectus and SEC Filings
Official Emerging Markets Equity Portfolio filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2026-04-24
- Prospectus (485BPOS) — filed 2025-04-25
- Prospectus supplement (497) — filed 2024-04-30
- Portfolio holdings (N-PORT) — filed 2026-08-20
- Portfolio holdings (N-PORT) — filed 2026-05-27
- Portfolio holdings (N-PORT) — filed 2026-02-23
- Annual census (N-CEN) — filed 2026-03-12
- Annual census (N-CEN) — filed 2025-03-11
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.