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PACE International Emerging Markets Equity Investments (PCEMX)

12.41 +0.06 (+0.49%)
At close: 8:01 PM EDT

Fund Summary

The fund normally invests at least 80% of its net assets in equity securities that are tied economically to emerging market countries. The advisor generally defines emerging market countries as countries that are not included in the MSCI World Index of major world economies. The fund may invest, to a limited extent, in (1) bonds, including up to 10% of its total assets in bonds that are below investment grade, which are commonly known as "junk bonds," and (2) securities of other investment companies, including exchange-traded funds ("ETFs"), that invest in emerging markets.

Risk Overview

Morningstar Risk Rating
Best 1Y Total Return 64.12%
Worst 1Y Total Return --
Number of Years Up 16
Number of Years Down 12

Performance & Risk

YTD Return -1.43%
5y Average Return 1.75%
Rank in Category (ytd) 84
% Rank in Category (ytd) --
Beta (5Y Monthly) 1.03
Morningstar Risk Rating

Risk Statistics

3 Years5 Years10 Years
PCEMXCategory AveragePCEMXCategory AveragePCEMXCategory Average
Alpha -6.68 0.02 -2.84 0.01 -1.69 -0.01
BETA 1.03 0.01 1.05 0.01 1.04 0.01
Mean Annual Return -0.29 0.01 0.4 0.01 0.31 0
R-squared 80.3 0.82 82.49 0.79 80.74 0.8
Standard Deviation 18.83 0.2 20.33 0.17 17.34 0.18
Sharpe Ratio -0.34 0.01 0.13 0.01 0.13 0
Treynor Ratio -7.76 0.1 0.57 0.11 0.77 0.04

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