DCMEX — DuPont Capital Emerging Markets Fund
Data updated: 2021-07-09
DCMEX — DuPont Capital Emerging Markets Fund. Japan Blend / Core Equity · $20.85M AUM · 1.28% expense ratio. Holdings, fees, performance and SEC filings.
DCMEX Fund Overview
DCMEX — DuPont Capital Emerging Markets Fund is a US mutual fund managed by FundVantage Trust, categorised as Japan 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: FundVantage Trust
- Category: Japan Blend / Core Equity
- Assets under management: $20.85M
- 1-year return: 46.5%
- Ticker: DCMEX
- SEC CIK: 0001388485
- SEC series ID: S000029394
- Share class ID: C000090293
DCMEX Investment Objective and Strategy
DuPont Capital Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by FundVantage Trust.
Investment objective
"The DuPont Capital Emerging Markets Fund (the ""Emerging Markets Fund"" or the ""Fund"") seeks long-term capital appreciation."
Principal investment strategy
"The Fund will invest primarily in equity and equity-related securities, including preferred stock. Under normal circumstances, the Fund invests at least 80% of its net assets (plus any borrowings made for investment purposes), at the time of initial purchase, in equity or equity-related securities of issuers that: (i) have their principal securities trading market in an emerging country; (ii) alone or on a consolidated basis derive 50% or more of annual revenue from goods produced, sales made or services performed in emerging countries; (iii) are organized under the laws of, and have a principal office in, an emerging country, (iv) are depositary receipts of issuers described in (i) and (iii) above, or (v) are exchange-traded funds that invest in an emerging country or countries. The term ""emerging markets"" includes any country: (i) having an ""emerging stock market"" as defined by the International Finance Corporation; (ii) with low- to middle-income economies according to the International Bank for Reconstruction and Development (the ""World Bank""); (iii) listed in World Bank publications as developing; or (iv) determined by the Adviser to be an emerging market.
Currently, these countries generally include every country in the world except Australia, Austria, Belgium, Canada, Denmark, Finland, France, Germany, Hong Kong, Ireland, Israel, Italy, Japan, Netherlands, New Zealand, Norway, Singapore, Spain, Sweden, Switzerland, the United Kingdom and the United States. The Adviser seeks to identify emerging market companies trading at a significant discount relative to such companies' estimated normalized earnings potential by using in-depth fundamental analysis combined with top down country risk assessment. The Adviser attempts to build a portfolio with a long-term investment horizon that it believes will achieve excess returns with below average risk. The Adviser expects the Fund will hold approximately 50 to 150 securities. The Adviser may sell a security when it believes the security is approaching full valuation, changing circumstances affect the original reasons for its purchase or more attractive opportunities are identified."
DCMEX Performance
Total returns for DCMEX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 46.5% |
DCMEX Risk Information
Risk metrics for DCMEX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 11.9%
DCMEX Costs and Fees
DCMEX costs about $128 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.28%
- Gross expense ratio: 2.37%
- Portfolio turnover: 53%
- Brokerage commissions: 13.78 bps of average net assets (SEC N-CEN)
DCMEX Cashflows
Over the 12 months to 2021-04, DuPont Capital Emerging Markets Fund had net inflows of $11.49M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2021-04 | $1.05K |
| 2021-03 | $9.85M |
| 2021-02 | $515 |
| 2021-01 | $0 |
| 2020-12 | $1.02M |
| 2020-11 | $0 |
DCMEX Debt Constituents
No individual debt constituents are reported in DuPont Capital Emerging Markets Fund's latest SEC N-PORT filing.
DCMEX Prospectus and SEC Filings
Official DuPont Capital Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2020-09-18
- Prospectus (485BPOS) — filed 2019-09-20
- Prospectus (485BPOS) — filed 2018-09-21
- Portfolio holdings (N-PORT) — filed 2021-06-23
- Portfolio holdings (N-PORT) — filed 2021-03-19
- Portfolio holdings (N-PORT) — filed 2020-12-29
- Annual census (N-CEN) — filed 2021-07-09
- Annual census (N-CEN) — filed 2020-07-13
Related Funds
Other Japan 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.