Top stocks that EM funds are invested in
In Part 1 of this series, we’ve looked at 10 of the biggest (by net assets) emerging market funds, how they’ve fared in terms of returns over the past year and over the past 5 years. Now, let’s look at the top stocks that are most popular among these emerging market funds.
Emerging market portfolios are heavy on these top stocks
As can be seen in the table above, Taiwan-based Taiwan Semiconductor Manufacturing (TSM) stock is the most popular stock among emerging market funds. It holds a spot amid the top 10 holdings of the biggest emerging market funds. These funds are listed in Part 1 of this series.
China-based companies such as Tencent Holdings (TCEHY), China Mobile (CHL), Alibaba Group (BABA), Industrial & Commercial Bank of China (IDCBY), and Baidu (BIDU) are also among the top holdings of emerging market funds (EEM) (VWO).
The popular $27.4 billion iShares MSCI Emerging Markets ETF (EEM) also has 8 of these 10 stocks charted above, among its top 10 holdings. The ETF has returned 22.15% over the past 1-year, and 6.66% YTD.
We take a deeper look into each of these stocks, in the subsequent parts of this series.