Emerging Markets Equity Index Fund
Emerging-markets stock index fund · tracks MSCI Emerging Markets Index
As of its 2026 Q2 report, Emerging Markets Equity Index Fund held 1,218 positions with $3.08B in net assets. Its ten largest holdings made up 42.1% of the fund. The NOEMX share class costs 0.15% a year. Over the 12 months to May 2026, NOEMX returned 55.5%, with dividends reinvested. In 2026 Q2 it added 33 new positions and exited 60.
The Fund seeks to provide investment results approximating the overall performance of the MSCI Emerging Markets Index (the Index).
The fund tracks the MSCI Emerging Markets Index using a replication strategy, holding substantially all securities in the index in approximately the same weightings, though it may optimize the portfolio to minimize tracking error and manage transaction costs when full replication is impracticable. Because the fund does not hold every security in the index or in identical proportions, its quarterly performance may diverge from the index. The fund includes exposure to China A-shares traded on mainland Chinese exchanges alongside depositary receipts and index futures.
What you own
| Company | Weight | Value | Shares | Reported price |
|---|---|---|---|---|
TSMWFTAIWAN SEMICONDUCTOR MANU | 14.80% | $455.64M | 5.9M | $76.79 |
SSNLFSAMSUNG ELECTRONICS CO KR | 8.00% | $246.21M | 1.1M | $218.62 |
SK HYNIX INC | 7.62% | $234.67M | 133.0K | $1,764.32 |
ICE Futures US futures | 2.72% | $83.82M | — | — |
TCTZFTENCENT HOLDINGS LIMITED | 2.66% | $81.75M | 1.5M | $55.11 |
BABAFALIBABA GRP. HLDG. LTD | 1.56% | $48.16M | 4.0M | $11.95 |
MEDIATEK INC | 1.54% | $47.53M | 348.1K | $136.55 |
NI US GOV T PORTFOLIO | 1.32% | $40.74M | — | — |
DELTA ELECTRONIC TWD10 | 0.94% | $28.99M | 468.3K | $61.89 |
SAMSUNG ELECTRONICS CO N | 0.88% | $27.11M | — | — |
Reported price is the fund's own reported value divided by its own reported shares at 2026-06-30 — not a live quote, and not what the fund paid.
The 200 largest of 1,218 holdings, with the share counts as filed, open with a free account.
What the fund is made of
Percentages are of fund net assets. Rounding, liabilities and short positions can make totals differ from 100%.
| Stocks | 97.72% |
| Derivatives | 2.73% |
| Cash & short-term | 1.40% |
Derivatives are shown at market value, not notional exposure.
How it has done
NOEMX share class · total returns with dividends reinvested
Volatility over the last 12 months: 21.48%. Past returns are a record, not a forecast.
Jun 2026 has been filed since the trailing figures were struck, so it is not in the table above or the curve — every figure here shares one cut-off, which is what makes them comparable with other funds.
Fees & fund details
Emerging Markets Equity Index Fund is an emerging-markets equity index fund that tracks the MSCI Emerging Markets Index.
- Asset class
- Equity
- Region
- Emerging markets
- Management
- Index (passive)
- Fund type
- Open-end fund
- Expense ratio, by class
- 0.15%· NOEMX 0.15%
- Portfolio turnover
- 12.17% a year · as of 2025 Q3
Net is what a holder pays after the adviser's contractual waiver; gross is before it. A waiver can expire.
Turnover is how much of the portfolio was replaced in a year.
Classified from what the fund holds, not from its name · 2026 Q2. The summary is a paraphrase of the prospectus; the objective is verbatim.
What changed this quarter
Positions that entered or left the fund since its previous filing. Positions that were only resized are not listed.
33 new· the largest 8
60 exited· the largest 8
Understand how this fund fits with the rest.
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