Paris, June 30, 2011 – TOBAM today announced that it has launched the Anti-Benchmark Emerging Markets Equity fund (UCITS III) on June 30, 2011.
The Anti-Benchmark Emerging Markets Equity fund seeks to maximize diversification across the investment universe, as represented by the MSCI Emerging Markets Equity index, by applying TOBAM’s patented maximum diversification approach.
By maximizing diversification across the emerging markets equity universe – a universe with numerous and complex geographical, political, sector and other risk factors – the Fund aims to deliver the full equity risk premium to investors. This fund applies a one-step optimization to maximize diversification at the global level, bypassing the sector, country and style biases that more traditional allocation methods such as capitalization weighting can lead to.
The Fund aims to outperform the emerging markets equity cap-weighted benchmark by 4-6% per annum over a market cycle, while at the same time delivering significantly less volatility.
The Anti-Benchmark Emerging Markets Equity fund has already raised $135 million. The Fund complements TOBAM’s existing fund range, which now contains 8 flagship funds covering regional and global equities as well as commodities.