#PCEMarketWatch The PACE International Emerging Markets Equity Investments Class P (PCEMX) fund has shown a year-to-date (YTD) return of 10.49% as of May 30, 2025. Over the past year, the fund has returned 9.20%, and it has achieved a 5-year cumulative return of 46.71% .
The fund's net asset value (NAV) stood at $$BTC
14.24 on May 30, 2025 . It maintains a diversified portfolio of 169 holdings, with a significant allocation to technology (23.97%), financial services (22.85%), and consumer cyclical sectors (18.22%). Geographically, the fund is heavily invested in emerging Asia (44.89%) and developed Asia (31.14%) .
Managed by UBS Asset Management, PCEMX carries an expense ratio of 1.20% and requires a minimum initial investment of $XRP
10,000. The fund aims for capital appreciation by investing at least 80% of its net assets in equity securities tied economically to emerging market countries .
Morningstar has assigned the fund a "Neutral" rating, citing an above-average Process Pillar but average ratings for the People and Parent Pillars. This suggests that while the fund's investment process is solid, there are concerns about the management team's depth and the parent firm's long-term strategic consistency .
Recent market commentary indicates a cautious stance toward emerging markets. For instance, Wells Fargo advised investors to reduce exposure to emerging market equities following recent outperformance, suggesting a potential shift in market dynamics .
Investors considering PCEMX should weigh its recent performance and sector allocations against broader market trends and their individual investment goals.