Key stats
About Democracy International Fund
Expense ratio
0.50%
Home page
Inception date
Mar 31, 2021
DMCYs underlying index aims to invest heavily in companies located in democratic countries, and less heavily in authoritarian countries. Index construction begins by utilizing the Democracy Score assigned to each country by The Economist Group. This score is a composite of 60 different criteria from five categories of: electoral process and pluralism, civil liberties, functioning of government, political participation, and political culture. Using the holdings from the Solactive GBS Global Markets ex-United States Large & Mid Cap USD Index, companies are reweighted based on the product of the companys market-cap and Democracy Score. This results in a portfolio that overweights large companies from countries with higher Democracy Scores. Do note that certain companies from authoritarian countries may be overweighted if they have a sufficiently large market capitalization. Rebalancing and reconstitution of the underlying index is done quarterly.
Classification
Returns
| 1 month | 3 months | Year to date | 1 year | 3 years | 5 years | |
|---|---|---|---|---|---|---|
| Price performance | — | — | — | — | — | — |
| NAV total return | — | — | — | — | — | — |
What's in the fund
Exposure type
Finance
ETF
Stocks52.73%
Finance10.90%
Health Technology7.19%
Consumer Non-Durables5.42%
Electronic Technology4.69%
Energy Minerals3.94%
Technology Services3.11%
Producer Manufacturing2.96%
Consumer Durables2.05%
Utilities1.89%
Transportation1.87%
Process Industries1.82%
Non-Energy Minerals1.78%
Communications1.19%
Retail Trade1.03%
Industrial Services0.98%
Commercial Services0.92%
Consumer Services0.51%
Distribution Services0.46%
Bonds, Cash & Other47.27%
ETF46.55%
Cash0.72%
Stock breakdown by region
North America56.35%
Europe43.37%
Oceania0.28%
Latin America0.00%
Asia0.00%
Africa0.00%
Middle East0.00%
Top 10 holdings
Dividends
Dividend payout history