PrivilEdge
American Century Emerging Markets Equity

PrivilEdge - American Century Emerging Markets Equity (previously PrivilEdge - Aberdeen Global Emerging Market All Cap Fund) is an actively managed UCITS portfolio managed by American Century Investment Management, Inc since 1 November 2018. The strategy is predominantly bottom-up and aims to outperform the MSCI Emerging Markets ND Index by 2% to 3% annualized over a standard market cycle of three to five years. It applies a growth-oriented approach to identifying companies experiencing early accelerating, fundamental improvement, focusing on inflection points rather than looking for an absolute threshold of earnings or revenue growth. The fundamental analysis is the core of the investment process, with financial statement analysis being the starting point. The portfolio is rather diversified and the position sizing reflects the conviction level in the sustainability of a stock's growth, its stage in the growth cycle, its positive earnings vs. consensus and valuation considerations. The portfolio is built within defined sector and country ranges, helping to limit the downside when earnings momentum is out of favor.