Barrow Hanley Emerging Markets Value Fund
Data updated: 2024-09-30
C000233252 — Barrow Hanley Emerging Markets Value Fund. Holdings, fees, performance and SEC filings.
C000233252 Fund Overview
Barrow Hanley Emerging Markets Value Fund is a US mutual fund managed by Advisors' Inner Circle Fund III, categorised as Emerging Markets Mid Cap Value Information Technology Equity. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US mutual fund
- Manager: Advisors' Inner Circle Fund III
- Category: Emerging Markets Mid Cap Value Information Technology Equity
- Assets under management: $3.01M
- 1-year return: -5.6%
- SEC CIK: 0001593547
- SEC series ID: S000074889
- Share class ID: C000233252
C000233252 Investment Objective and Strategy
Barrow Hanley Emerging Markets Value Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund III.
Investment objective
The Barrow Hanley Emerging Markets Value Fund (the Emerging Markets Value Fund or the Fund) seeks long term capital appreciation and consistent income from dividends.
Principal investment strategy
Under normal circumstances, the Fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in securities of companies based in emerging market countries and instruments with economic characteristics similar to such securities. This policy may be changed upon 60 days prior written notice to shareholders. Emerging market countries are countries represented in the MSCI Emerging Markets Index, the MSCI Frontier Markets Index and to the extent not represented in those indexes, Singapore and Hong Kong. A company is based in an emerging market country if: (i) the company is organized or maintains its principal place of business in an emerging market country; (ii) the companys securities are traded principally in an emerging market country; (iii) at least 50% of the companys revenues or profits are generated in an emerging markets country; or (iv) at least 50% of the companys assets are located in an emerging markets country.
The Fund invests principally in common stock and American Depositary Receipts (ADRs), including unsponsored ADRs, of companies of any market capitalization. The Fund may invest in the securities of companies based in the Peoples Republic of China (China), including A Shares of such companies that trade on the Shanghai Stock Exchange and the Shenzhen Stock Exchange through the Shanghai Hong Kong and Shenzhen Hong Kong Stock Connect programs (Stock Connect). Stock Connect is a mutual stock market access program designed to, among other things, enable foreign investments in China. Barrow, Hanley, Mewhinney & Strauss, LLC (the Sub-Adviser or Barrow Hanley) pursues a value-oriented strategy and strives to construct a portfolio of securities, selected on a bottom-up basis, that trade at levels below the MSCI Emerging Markets Index across certain metrics, such as price/earnings (on normalized earnings), price to book, enterprise value to free cash flow and enterprise value to sales ratios, while simultaneously providing dividend yield above the MSCI Emerging Markets Index.
Barrow Hanleys Emerging Markets Value team employs a two-stage process - incorporating both quantitative and qualitative elements - to manage their investment research effort. Initially, the team uses a valuation based, quantitative screen to narrow down a broad universe of approximately 5,500 emerging markets stocks to a universe of approximately 100-150 stocks (the guidance list) that appear to Barrow Hanley to have attractive valuations and also exhibit stable to improving operating fundamentals, strong operating cash flow, and a responsible balance sheet. This guidance list serves as the beginning of Barrow Hanleys research teams qualitative assessment. The research team further refines the guidance list using sector-specific criteria (including, capital ratios for financials, price-to-net asset value metrics for energy, and other metrics), ultimately focusing on ideas that Barrow Hanley believes are compelling opportunities.
In the fundamental stage of the investment process, the responsible analyst(s) conducts stock-specific research on each company of interest., including interviews with company management.
C000233252 Holdings
Top 10 holdings of Barrow Hanley Emerging Markets Value Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Bizlink Holding Inc. | 5.20% |
| MediaTek Inc. | 4.30% |
| Ptt Exploration And Production Public Company Limited | 2.77% |
| LARGAN Precision Co Ltd | 2.72% |
| SK hynix Inc. | 2.66% |
| Upl Limited | 2.59% |
| China Merchants Bank Co., Ltd. | 2.52% |
| Axis Bank Limited | 2.40% |
| Korea Investment Holdings Co., Ltd | 2.39% |
| Baidu, Inc. | 2.29% |
C000233252 Portfolio Allocation
Asset-class allocation of Barrow Hanley Emerging Markets Value Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 97.1% |
| Cash & Equivalents | 2.8% |
C000233252 Performance
Total returns for C000233252 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -5.6% |
| 3 years (annualised) | 0.5% |
C000233252 Risk Information
Risk metrics for C000233252, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 15.7%
C000233252 Costs and Fees
C000233252 costs about $99 per $10,000 invested per year in fund expenses.
- Net expense ratio: 0.99%
- Gross expense ratio: 6.64%
- Portfolio turnover: 50%
- Brokerage commissions: 7.40 bps of average net assets (SEC N-CEN)
C000233252 Cashflows
Over the 12 months to 2024-07, Barrow Hanley Emerging Markets Value Fund had net inflows of $315.58K, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-07 | $27.40K |
| 2024-06 | $1.56K |
| 2024-05 | $1.62K |
| 2024-04 | $1.61K |
| 2024-03 | $740 |
| 2024-02 | −$132.06K |
C000233252 Debt Constituents
No individual debt constituents are reported in Barrow Hanley Emerging Markets Value Fund's latest SEC N-PORT filing.
C000233252 Prospectus and SEC Filings
Official Barrow Hanley Emerging Markets Value Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-02-28
- Prospectus (485BPOS) — filed 2023-02-28
- Prospectus (485BPOS) — filed 2021-12-29
- Portfolio holdings (N-PORT) — filed 2024-09-30
- Portfolio holdings (N-PORT) — filed 2024-06-28
- Portfolio holdings (N-PORT) — filed 2024-03-28
- Annual census (N-CEN) — filed 2024-01-12
- Annual census (N-CEN) — filed 2023-01-13
Related Funds
Other Emerging Markets Mid Cap Value Information Technology 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.