Westwood Management Corp. offers our Emerging Markets Plus investment strategy within a UCITS (Undertakings for Collective Investment in Transferable Securities) fund vehicle. Westwood International Advisors Inc. serves as the fund’s Investment Manager.
The Westwood Emerging Markets Plus Fund primarily invests in the common stocks of companies located (or with primary operations) in emerging markets. The Fund holds between 50-70 equity investments with market capitalizations above USD $1.5 billion. The strategy has diversified exposure to the best global investment opportunities located or primarily engaged in emerging market countries, with risk controls limiting position sizes and country exposure. The strategy invests in businesses that we believe are mispriced and can generate positive and sustainable earnings growth, which we believe could generate economic profits over time.
The objective of the Fund is to achieve long-term capital appreciation by primarily investing in equity securities of emerging market companies.
Bottom-up stock selection process based on the following key characteristics:
- Management aligned with the creation of positive economic profit
- Strong business franchise
- Cash flow generation above peer group
- Consistency of earnings growth
- Ability, or prospective ability, to pay dividends