Description

This index fund offers an economical way for investors to gain exposure to companies located in the developed nations of the Pacific region. It holds holdings in roughly 2,150 stocks from across this area, collectively representing about 25% of the global equity market outside the United States. Beyond the inherent stock market volatility, the fund is also susceptible to currency fluctuations and may present elevated country-specific risks compared to other international funds, given its exclusive focus on Pacific Rim countries, with a significant allocation to Japan. Long-term investors aiming to incorporate Pacific equities into a well-diversified portfolio might find this fund a suitable option.