CIPDX — Champlain Emerging Markets Fund
Data updated: 2022-08-26
CIPDX — Champlain Emerging Markets Fund. China Blend / Core Equity · $6.50M AUM · 1.30% expense ratio. Holdings, fees, performance and SEC filings.
CIPDX Fund Overview
CIPDX — Champlain Emerging Markets Fund is a US mutual fund managed by Advisors' Inner Circle Fund II, categorised as China Blend / Core 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 II
- Category: China Blend / Core Equity
- Assets under management: $6.50M
- 1-year return: -37.9%
- Ticker: CIPDX
- SEC CIK: 0000890540
- SEC series ID: S000051071
- Share class ID: C000160896
CIPDX Investment Objective and Strategy
Champlain Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Advisors' Inner Circle Fund II.
Investment objective
The Champlain Emerging Markets Fund (the Emerging Markets Fund or the Fund) seeks long-term capital appreciation.
Principal investment strategy
Under normal market conditions, the Fund will invest at least 80% of its net assets (plus borrowings for investment purposes) in equity securities of issuers who are economically tied to an emerging market country. The Adviser considers emerging market countries to include most Asian, Eastern European, African, Middle Eastern and Latin American nations, including, but not limited to, China, Hong Kong, India, Indonesia, Korea, Malaysia, Philippines, Taiwan, Thailand, Bangladesh, Pakistan, Sri Lanka, Vietnam, Czech Republic, Poland, Greece, Turkey, Russia, Kuwait, Oman, Qatar, Saudi Arabia, United Arab Emirates (UAE), Egypt, South Africa, Kenya, Nigeria, Argentina, Brazil, Chile, Colombia, Mexico and Peru. The Adviser identifies what it considers to be emerging market countries based upon its own analysis of measures of economic growth, political stability, industrialization and legal and regulatory framework.
The Adviser will also consider classifications as defined by Morgan Stanley Capital International (MSCI), the World Bank, the United Nations, and the International Monetary Fund (IMF), or other entities or organizations, as the Adviser may determine from time to time. The Adviser typically considers an issuer to be economically tied to an emerging market country if: (1) the company is organized under the laws of an emerging market country or has its principal office in an emerging market country; (2) at the time of investment, the company derived a significant portion (i.e., 50% or more) of its total revenues during its most recently completed fiscal year from business activities in an emerging market country; or (3) at the time of investment, the companys equity securities are traded principally on stock exchanges or over-the-counter markets in an emerging market country.
Under normal circumstances, the Fund will invest in large-, mid- and small- capitalization emerging market country issuers. Although the Adviser expects, under normal market conditions, that the level of the Funds investments in equity securities of issuers who are economically tied to an emerging market country will exceed 80% of the Funds net assets (plus borrowings for investment purposes), the Adviser may invest the balance in exchange-traded funds (ETFs), including long-only ETFs, ETFs that may enter into short sales and inverse ETFs. The Adviser uses an active management investment approach to researching, identifying and selecting portfolio companies. The research process encompasses a scorecard approach by which the Adviser analyzes individual securities based on a set of predetermined factors.
The analysis aims to identify growing but stable companies trading at attractive valuations relative to anticipated growth in revenue and earnings. The investment approach seeks to provide a standardized process that minimizes bias and prevents strategy shift. Further, the scorecards establish a record of investment conclusions that can be used in the review process. The Fund may engage in active and frequent trading of its portfolio securities to achieve its investment objective.
CIPDX Performance
Total returns for CIPDX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | -37.9% |
| 3 years (annualised) | 4.7% |
CIPDX Risk Information
Risk metrics for CIPDX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.0%
CIPDX Costs and Fees
CIPDX costs about $130 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.30%
- Gross expense ratio: 2.84%
- Portfolio turnover: 44%
- Brokerage commissions: 11.57 bps of average net assets (SEC N-CEN)
CIPDX Cashflows
Over the 12 months to 2022-06, Champlain Emerging Markets Fund had net inflows of $3.61M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2022-06 | $1.99K |
| 2022-05 | $70.69K |
| 2022-04 | $296.08K |
| 2022-03 | $118.99K |
| 2022-02 | $521.72K |
| 2022-01 | $282.90K |
CIPDX Debt Constituents
No individual debt constituents are reported in Champlain Emerging Markets Fund's latest SEC N-PORT filing.
CIPDX Prospectus and SEC Filings
Official Champlain Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2022-04-29
- Prospectus (485BPOS) — filed 2021-04-30
- Prospectus (485BPOS) — filed 2020-11-25
- Portfolio holdings (N-PORT) — filed 2022-08-26
- Portfolio holdings (N-PORT) — filed 2022-05-27
- Portfolio holdings (N-PORT) — filed 2022-02-28
- Annual census (N-CEN) — filed 2022-03-16
- Annual census (N-CEN) — filed 2021-03-15
Related Funds
Other China Blend / Core 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.