CEZ

Fund Description
The Fund seeks to provide investment results that track the performance of the CEMP Emerging Market 500 Volatility Weighted Index before fees and expenses. The CEMP Emerging Market 500 Volatility Weighted Index consists of 500 of the largest emerging market country stocks with consistent positive earnings. These stocks are then weighted based on their standard deviation (volatility). The Index considers emerging market companies to be those that are domiciled in an emerging market country and whose stock trade on a foreign exchange. Emerging markets are generally those with a less-developed economy and per capita income significantly lower than the U.S. or other developed countries. Representative emerging market countries include China (Asia), Brazil (South America), Russia (Europe and Asia), India (Asia) and Egypt (Africa). The Index universe begins with all publicly traded stocks domiciled in the Emerging Market countries, then screens for all companies with consistent net positive earnings for four consecutive quarters. The Index identifies up to the 500 largest Emerging Market stocks by market capitalization. The remaining 500 stocks are weighted based on their daily standard deviation (volatility) over the last 180 trading days compared to the aggregate mean. The Index is reconstituted every March and September.
Fund Profile
Fund Name VictoryShares Emerging Market Volatility Wtd ETF
Fund Exchange Ticker CEZ
Fund Sponsor VictoryShares
Fund ISIN US92647N8570
Net Expense Ratio 0.50 %
Fund Inception Date 23 March 2016
Fund Legal Structure ETF (Open end fund)
Exchange NASDAQ
Listing Country Code US
Fund Investment Objective
ETF Type Specific Global or ExUS Equities - Quant Strat
Asset Class Equities (Stocks)
Index Linked Passive
Index Name CEMP Emerging Market 500 Volatility Weighted Index
Index Provider Compass Efficient Model Portfolios
Currency Hedged No
Inverse / Leveraged Not Applicable
Developed / Emerging Emerging Market Funds
Market Capitalization Range Large Cap
Growth Value Core / Blend
Continent Not Applicable
Key Statistics
Return As of Date 19 July 2019
Asset Under Management 18.35 Million (USD)
1 Month Total Return 2.21 %
Year To Date Return 9.73 %
1 Year Total Return 4.51 %
3 Year Annualized Total Return 5.43 %
NAV 26.2169
Share Outstanding 700,000
Top 10 Holdings (19 July 2019)
Constituent Name Constituent Ticker Constituent Type Weighting
CASH AND CASH EQUIVALENTS CASH 0.006934
HAP SENG CONSOLIDATED HAP EQUI 0.006823
PUBLIC BANK BERHAD PBK EQUI 0.006521
TAIWAN MOBILE CO LTD 3045 EQUI 0.006239
FIRST FINANCIAL HOLDING CO 2892 EQUI 0.006062
HUA NAN FINANCIAL HOLDINGS C 2880 EQUI 0.005886
ROSTELECOM PJSC RTKM EQUI 0.005834
TAIWAN COOPERATIVE FINANCIAL 5880 EQUI 0.005539
KUALA LUMPUR KEPONG BHD KLK EQUI 0.005535
RATCH GROUP PCL RATCH EQUI 0.005005