See what your fund actually adds
Nomura Systematic Emerging Markets Equity Fund Class A IPOAX
Historical return decomposition and an investable replication portfolio, using data through 2026-10-09.
Fund and replication metrics
| Measure | IPOAX | Replication |
|---|---|---|
| Annualized growth | 5.0% | 6.7% |
| Annualized volatility | 17.5% | 14.9% |
| Sharpe ratio | 0.36 | 0.51 |
| Maximum drawdown | 38.9% | 28.7% |
| Replication fit (R²) | 0.88 · Tracking error 6.1% | |
Replication portfolio
The published portfolio below is the investable basket used to model IPOAX’s historical return behavior.
| Ticker | Building block | Weight |
|---|---|---|
| VWO | Emerging Markets | 90.6% |
| VEA | Intl · Developed | 4.9% |
| MTUM | Factor · Momentum | 4.5% |