OIEMX — Oberweis Emerging Markets Fund
Data updated: 2024-11-27
OIEMX — Oberweis Emerging Markets Fund. Emerging Markets Blend / Core Equity · $17.47M AUM · 1.50% expense ratio. Holdings, fees, performance and SEC filings.
OIEMX Fund Overview
OIEMX — Oberweis Emerging Markets Fund is a US mutual fund managed by Oberweis Funds, categorised as Emerging Markets 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: Oberweis Funds
- Category: Emerging Markets Blend / Core Equity
- Assets under management: $17.47M
- 1-year return: 15.9%
- Ticker: OIEMX
- SEC CIK: 0000803020
- SEC series ID: S000061772
- Share class ID: C000200034
OIEMX Investment Objective and Strategy
Oberweis Emerging Markets Fund describes its objective and strategy as follows, from its latest prospectus filed with the SEC by Oberweis Funds.
Investment objective
The Oberweis Emerging Markets Fund's (the Fund) investment objective is to maximize long-term capital appreciation.
Principal investment strategy
The Fund invests, under normal circumstances, at least 80% of its net assets (plus the amount of borrowings, if any) in securities of companies based in emerging markets. Currently, securities of companies based in emerging markets include: (1) equity securities of companies that are organized under the law of an emerging market country or that are primarily traded on an exchange or over-the-counter in an emerging market country; or (2) equity securities of companies that have at least 50% of their assets in emerging market countries or derive at least 50% of their revenues from business activities in emerging market countries. Emerging market countries consist of any country defined as Emerging Market, Frontier, or Developing by MSCI, the International Monetary Fund (IMF), or the World Bank.
The Fund invests principally in the common stocks of companies that the Fund's investment adviser, Oberweis Asset Management, Inc. (OAM), believes have the potential for significant long-term growth in market value. The Fund may invest in Chinese securities acquired through the Shanghai-Hong Kong Stock Connect and the Shenzhen-Hong Kong Stock Connect and may invest in equity-linked certificates (also called Participatory Notes). The Fund seeks to invest in those companies which OAM considers to have above-average long-term growth potential. OAM selects companies which meet this criteria based on, among other things, fundamental analysis of individual securities. OAM's fundamental analysis entails an evaluation of an individual company's future growth prospects. OAM's evaluation may be based on, among other things, financial statement analysis, stock valuation in relation to OAM's estimate of future earnings, evaluation of competitive product or service offerings, future research and development pipeline and management interviews.
OAM may actively trade the Fund's portfolio, and as a result, the Fund's portfolio turnover rate may be high. There are no restrictions on the capitalization of companies whose securities the Fund may buy; however, the Fund generally invests in the stocks of small- and medium-size companies which OAM defines as those with a market capitalization of less than $5 billion or within the range of companies in the MSCI Emerging Markets Small-Cap Index, whichever is greater.
OIEMX Holdings
Top 10 holdings of Oberweis Emerging Markets Fund by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Ictsi | 2.96% |
| Classys Inc | 2.92% |
| E Ink Holdings Inc | 2.60% |
| eMemory Technology Inc | 2.38% |
| DPC Dash Ltd | 2.31% |
| Cisarua Mountain Dairy PT TBK | 2.27% |
| Sumber Alfaria Trijaya Tbk PT | 2.23% |
| Park Systems Corp | 2.09% |
| Embraer SA | 2.08% |
| Ennoconn Corp | 2.04% |
OIEMX Portfolio Allocation
Asset-class allocation of Oberweis Emerging Markets Fund by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Equity | 95.3% |
| Other | 4.4% |
| Cash & Equivalents | 1.2% |
OIEMX Performance
Total returns for OIEMX (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| 1 year | 15.9% |
| 3 years (annualised) | -0.8% |
| 5 years (annualised) | 10.9% |
OIEMX Risk Information
Risk metrics for OIEMX, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 12.4%
OIEMX Costs and Fees
OIEMX costs about $150 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.50%
- Gross expense ratio: 2.46%
- Portfolio turnover: 115%
- Brokerage commissions: 43.20 bps of average net assets (SEC N-CEN)
OIEMX Cashflows
Over the 12 months to 2024-09, Oberweis Emerging Markets Fund had net inflows of $2.99M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2024-09 | −$117.04K |
| 2024-08 | −$1.45M |
| 2024-07 | −$85.52K |
| 2024-06 | −$312.52K |
| 2024-05 | −$33.29K |
| 2024-04 | $66.66K |
OIEMX Debt Constituents
No individual debt constituents are reported in Oberweis Emerging Markets Fund's latest SEC N-PORT filing.
OIEMX Prospectus and SEC Filings
Official Oberweis Emerging Markets Fund filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus (485BPOS) — filed 2024-04-30
- Prospectus (485BPOS) — filed 2023-04-28
- Prospectus (485BPOS) — filed 2022-04-29
- Portfolio holdings (N-PORT) — filed 2024-11-27
- Portfolio holdings (N-PORT) — filed 2024-08-29
- Portfolio holdings (N-PORT) — filed 2024-05-24
- Annual census (N-CEN) — filed 2024-03-14
- Annual census (N-CEN) — filed 2023-03-14
Related Funds
Other Emerging Markets 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.