Driehaus Emerging Markets Growth Fund

 

 

Portfolio Manager:

 

Assistant Portfolio Manager

Howard Schwab

 

Chad Cleaver 

Assets Under Management as of 12/31/09:

$575 Million

Inception Date:

12/31/97

Minimum Initial Investment:

$10,000

Ticker Symbol:

DREGX

 

Driehaus Emerging Markets Growth Fund. The investment objective of the Driehaus Emerging Markets Growth Fund is to maximize capital appreciation. The Fund pursues its objective by investing primarily in the equity securities of emerging market companies. At least 65% of the Fund's assets will be invested in the equity securities of emerging markets companies.

 

Regional Weightings (as of 12/31/09)

 

Top Ten Holdings (as of 1/31/10)

Pacific Rim

46.3%

 

Samsung Electronics Co. Ltd.

2.2%

South America

13.4%

 

OGX Petroleo e Gas Participacoes S/A

2.2%

North America

7.2%

 

Vale S.A. (ADS)

2.1%

Eastern Europe

6.6%

 

Teva Pharmaceutical Industries Ltd.

2.1%

Middle East

5.5%

 

Petrobras Petroleo Brasileiro

1.7%

Central Asia

5.3%

 

TAV Havalimanlari Holding A.S.

1.7%

Western Europe

4.1%

 

Check Point Software Technologies Ltd.

1.7%

Africa

3.5%

 

China Oilfield Services Ltd.

1.6%

Cash

6.5%

Fubon Financial Holding Co. Ltd.

 1.5%

Unassigned    

1.6%

 

Orascom Construction Industries S.A.E.

1.5%

 

 

Country Weightings (as of 12/31/09)

 

Sector Weightings (as of 12/31/09)

China

15.1%

 

Information Technology

21.3%

Brazil

13.4%

 

Financials

14.4%

Korea

10.1%

 

Energy

12.1%

Taiwan

8.6%

 

Materials

11.8%

Hong Kong

7.3%

 

Consumer Staples

11.3%

India

5.3%

 

Consumer Discretionary

8.3%

Russia

5.1%

 

Industrials

7.6%

Mexico

4.6%

 

Health Care

4.2%

Israel

4.1%

 

Telecommunication Services

2.1%

South Africa

3.5%

Utilities

0.5%

Turkey

3.1%

Cash

 6.5%

Canada

2.6%

 

United Kingdom

2.2%
Indonesia

2.2%

Egypt

1.4%

Kazakhstan

1.0%

United States

1.0%

Sweden

0.9%

Malaysia

0.8%

Thailand

0.7%

Philippines

0.5%

Cash

6.5%

 

 

 

View average annual return.

 

View cumulative total return.

 

 

 

Sources: eVestment Alliance, LLC, SS&C Inc., FactSet Research Systems Inc., Morgan Stanley Capital International and Standard & Poor's Global Industry Classification Standard methodology to identify sector classifications, Thomson Financial IBES, Thomson Worldscope Fundamentals to identify regional weightings.

 

Investments in overseas markets can pose more risks than U.S. investments, and the Fund's share price is expected to be more volatile than that of a U.S.-only fund. In addition, the Fund's returns will fluctuate with changes in stock market conditions, currency values, interest rates, foreign government regulations, and economic and political conditions in countries in which the Fund invests. These risks are generally greater when investing in emerging markets.

 

Since Fund performance is subject to change after the month-end, please call (800) 560-6111 or check our daily  NAVs  for more current performance information.

 

Please consider the investment objectives, risks, fees and expenses of the Funds carefully prior to investing. The  prospectus contains this and other important information about the Funds. To obtain a copy of the prospectus, please call  us at (800) 560-6111.  Please read the prospectus carefully before investing.