Description: The Democracy International Fund is a Global Markets ex-United States Large & Mid Cap international equity portfolio that is both democracy and market capitalization weighted. The Democracy International Fund seeks to track the total return performance, before fees and expenses, of the Democracy Investments International Index. The intent of the Fund is to enable investors to allocate more into democracies thereby shifting capital flows toward democratic countries and away from authoritarian countries. This could lower the cost of capital and improve economic growth for democracies and the opposite for authoritarians, resulting in market-based incentives for democratic reforms.
Exchange: NYSE ARCA
Country: US : United States of America
Currency: US Dollar ($)
Category: Foreign Large Blend
| Asset Allocation | |||
|---|---|---|---|
| Asset Class | Long % | Short % | Net Assets |
| Stock non-US | 98.51 | 0.00 | 98.51 |
| Cash | 1.00 | 0.03 | 0.97 |
| Stock US | 0.51 | 0.00 | 0.51 |
| Other | 0.00 | 0.00 | 0.00 |
| NotClassified | 0.00 | 0.00 | 0.00 |
| Sector Weights | ||
|---|---|---|
| Sector | Equity % | Relative to Category |
| Financial Services | 19.95 | 18.66 |
| Industrials | 12.62 | 14.54 |
| Technology | 11.57 | 9.85 |
| Healthcare | 10.69 | 12.68 |
| Consumer Cyclicals | 9.82 | 10.43 |
| Basic Materials | 9.25 | 7.57 |
| Consumer Defensive | 7.40 | 10.25 |
| Energy | 7.12 | 5.78 |
| Communication Services | 5.43 | 5.21 |
| Utilities | 3.76 | 2.91 |
| Real Estate | 2.39 | 2.10 |
| World Regions | ||
|---|---|---|
| Region | Equity % | Relative to Category |
| Europe Developed | 31.67 | 40.98 |
| Japan | 16.39 | 18.16 |
| United Kingdom | 11.08 | 13.81 |
| Asia Developed | 10.15 | 6.36 |
| North America | 9.64 | 7.83 |
| Asia Emerging | 8.56 | 4.97 |
| Australasia | 7.11 | 5.33 |
| Latin America | 2.57 | 1.26 |
| Africa/Middle East | 2.39 | 1.27 |
| Europe Emerging | 0.44 | 0.04 |