Macquarie Emerging Markets Fund A (DEMAX)
Macquarie Emerging Markets Fund A operates in the Asset Management industry of the Financial Services sector, headquartered in Philadelphia, PA, US. The stock last traded at $56.10, up 3.83% on the session, giving a market capitalisation of $15.68B. Its beta of 1.97 implies it has historically moved more than the broad market.
This fund primarily seeks to gain exposure to a diverse selection of equities issued by companies operating within developing economies. These emerging market nations are identified as such by authoritative bodies like the World Bank, the United Nations, or their respective national governments. Geographically, such countries are commonly found across the Asia-Pacific, Eastern European, Middle Eastern, Central and South American, and African continents. Under typical market conditions, the fund is committed to allocating a minimum of 80% of its net assets, supplemented by any leverage used for investment purposes, to securities from issuers in these growth-oriented markets, a directive known as its 80% policy.
Macquarie Emerging Markets Fund A is most often compared with the following Financial Services names: