The Fund employs a passive management – or indexing – investment approach, through physical acquisition of securities, and seeks to track the performance of the FTSE Emerging All Cap Choice Index (the “Index”).
The Fund attempts to track the performance of the Index by investing all, or substantially all, of its assets in the stocks that make up the Index in approximately the same proportion as the Index. Where not practicable to fully replicate, the Fund will use a sampling process.
The Index is a market-capitalisation-weighted index composed of large-, mid-, and small-cap stocks of companies located in emerging markets around the world. Market-capitalisation is the value of a company's outstanding shares in the market and shows the size of a company. The Index is constructed from the FTSE Emerging All Cap Index (the “Parent Index”) which is then screened for certain environmental, social, and governance (i.e. controversy-related) criteria which is independent of Vanguard.
Through the screening out of stocks of companies from its portfolio based on the potentially detrimental impact of their conduct or products on society and / or the environment, the Fund promotes certain environmental characteristics and social characteristics relating to social norms and standards.
The Index methodology excludes stocks of companies that the sponsor of the Index determines (a) to be engaged or involved in specific activities of the supply chain for, and / or (b) derive revenue (above a threshold specified by the Index provider) from, certain activities relating to the following activities: (a) Vice Products (i.e., adult entertainment, alcohol, gambling, tobacco, cannabis); (b) Non-Renewable Energy (nuclear power, and fossil fuels (which includes: (i) companies that have greater than 50% ownership of companies that own proved or probable reserves in coal, oil or gas, (ii) oil and gas production and supporting services, (iii) coal extraction, production and supporting services, (iv) oil and gas and thermal coal power generation, (v) extraction of arctic oil and gas, and (vi) extraction of oil sands)); and (c) Weapons (chemical & biological weapons, cluster munitions, anti-personnel landmines, nuclear weapons, civilian firearms, and conventional military weapons).The Index provider defines what constitutes “involvement” in each activity. This may be based on percentage of revenue or any connection to a restricted activity regardless of the amount of revenue received, and will relate to specific parts of the supply chain.
Company product and conduct involvement is monitored on a yearly basis by the Index provider and as new data is made available to the Index provider.
For the full investment strategy please review the prospectus.
Fund facts
Share class inception
11 Oct 2022
Listing date
13 Oct 2022
Investment structure
Irish UCITS
Share Class Assets'
Total Assets
Risk indicator
Strategy
Index
Asset Class
Equity
Investment method
Physical
Index ticker
FGCEACN
Benchmark
FTSE Emerging All Cap Choice Index
Dividend schedule
—
Tax status
Austria, Germany, Switzerland and United Kingdom reporting
Domicile
Ireland
Legal entity
Vanguard Funds PLC
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Performance
Risk and Volatility
As at 30 Sep 2025
Beta
—
R²
—
Annualized Tracking Error
1 year
3 years
—
5 years
—
Please note Beta and R-squared data will only display for funds with 3 full years of history.
The value of investments, and the income from them, may fall or rise and investors may get back less than they invested.
Portfolio data
Characteristics
Fundamentals
Fund
Benchmark
As at
Number of stocks
3,809
3,891
30 Sep 2025
Median market capital
28.1 B
27.8 B
30 Sep 2025
16.1 x
16.1 x
30 Sep 2025
2.5 x
2.5 x
30 Sep 2025
14.4%
14.4%
30 Sep 2025
16.9%
16.8%
30 Sep 2025
Portfolio turnover rate
-32.3%
—
30 Sep 2025
Market allocation
As at 30 Sep 2025
Country
Region
Fund
Benchmark
Variance +/-
China
Emerging Markets
32.78%
32.75%
0.03%
Taiwan
Emerging Markets
25.94%
26.02%
-0.08%
India
Emerging Markets
16.67%
16.64%
0.03%
South Africa
Emerging Markets
4.20%
4.22%
-0.02%
Saudi Arabia
Emerging Markets
3.54%
3.54%
0.00%
Brazil
Emerging Markets
3.06%
3.05%
0.01%
Mexico
Emerging Markets
2.29%
2.29%
0.00%
United Arab Emirates
Emerging Markets
1.80%
1.80%
0.00%
Malaysia
Emerging Markets
1.68%
1.68%
0.00%
Thailand
Emerging Markets
1.51%
1.52%
-0.01%
Indonesia
Emerging Markets
1.25%
1.25%
0.00%
Kuwait
Emerging Markets
1.06%
1.06%
0.00%
Turkey
Emerging Markets
0.80%
0.80%
0.00%
Qatar
Emerging Markets
0.80%
0.81%
-0.01%
Greece
Europe
0.71%
0.71%
0.00%
Holdings details
As at 30 Sep 2025
Holding name
% of market value
Sector
Region
Market value
Shares
Taiwan Semiconductor Manufacturing Co Ltd
12.05487%
Technology
TW
$8,591,856.59
200,661
Alibaba Group Holding Ltd
4.70710%
Consumer Discretionary
HK
$3,354,887.54
147,471
HDFC Bank Ltd
1.40512%
Financials
IN
$1,001,472.04
93,501
Xiaomi Corp
1.38502%
Telecommunications
HK
$987,142.82
142,229
PDD Holdings Inc
1.16254%
Technology
US
$828,573.73
6,269
China Construction Bank Corp
1.06853%
Financials
HK
$761,572.91
792,158
Hon Hai Precision Industry Co Ltd
0.99648%
Technology
TW
$710,217.47
100,213
ICICI Bank Ltd
0.92706%
Financials
IN
$660,740.33
43,521
Meituan
0.82872%
Technology
HK
$590,649.84
43,976
MediaTek Inc
0.74653%
Technology
TW
$532,074.94
12,332
Prices and distribution
Prices
NAV Price (USD)
$8.36
Change
+$0.020.28%
At closure 13 Nov 2025
Market value (CHF)
CHF 6.69
Change
+CHF 0.040.65%
At closure 13 Nov 2025
NAV 52-week high
$8.44
At closure 14 Nov 2025
Market value 52-week high
CHF 6.76
At closure 14 Nov 2025
NAV 52-week low
$6.02
At closure 14 Nov 2025
Market value 52-week low
CHF 5.01
At closure 14 Nov 2025
NAV 52-week difference
$2.42
Change
+28.64%
At closure 14 Nov 2025
Market value 52-week difference
CHF 1.75
Change
+25.86%
At closure 14 Nov 2025
Outstanding shares
7,322,842
At closure 31 Oct 2025
Historical Prices
-
Inception date
11 Oct 2022
Listing date
13 Oct 2022
Date
NAV (USD)
Market price (CHF)
13 Nov 2025
$8.3637
CHF 6.6860
12 Nov 2025
$8.3405
CHF 6.6430
11 Nov 2025
$8.3143
CHF 6.6525
10 Nov 2025
$8.3143
CHF 6.7130
07 Nov 2025
$8.2373
CHF 6.5675
06 Nov 2025
$8.2939
CHF 6.6415
05 Nov 2025
$8.2344
CHF 6.7215
04 Nov 2025
$8.2658
CHF 6.7140
03 Nov 2025
$8.3477
CHF 6.7590
31 Oct 2025
$8.3219
CHF 6.6750
Distribution history
Distribution frequency
—
Historical performance
—
All dividends are reinvested for the "Accumulation" shares.
Purchase information
Currencies and stock exchanges
Listed currencies: USD, EUR, MXN, CHF, GBP
Base currency: USD
Exchanges: London Stock Exchange, Deutsche Boerse, Borsa Italiana S.p.A., Bolsa Institucional De Valores, SIX Swiss Exchange, NYSE Euronext - Amsterdam
Fund codes
Ticker iNav Bloomberg: IV3MACHF
Bloomberg: V3MA SW
ISIN: IE000KPJJWM6
MEX ID: VRAACB
Reuters: V3MA.S
SEDOL: BPNZV58
Exchange ticker: V3MA
Ticker iNav Bloomberg: IV3MAEUR
Bloomberg: V3MA NA
Exchange ticker: V3MA
ISIN: IE000KPJJWM6
Reuters: V3MA.AS
SEDOL: BPNZV69
Ticker iNav Bloomberg: IV3MACHF
Bloomberg: V3MA SW
ISIN: IE000KPJJWM6
Reuters: V3MA.S
SEDOL: BPNZV58
Exchange ticker: V3MA
Ticker iNav Bloomberg: IV3MAEUR
Exchange ticker: V3MA
Bloomberg: V3MA IM
ISIN: IE000KPJJWM6
Reuters: V3MAA.MI
SEDOL: BPNZV36
Ticker iNav Bloomberg: IV3MAEUR
Bloomberg: V3MA GY
Exchange ticker: V3MA
ISIN: IE000KPJJWM6
Reuters: V3MA.DE
SEDOL: BPNZV47
Ticker iNav Bloomberg: IV3MBGBP
Bloomberg: V3MB LN
ISIN: IE000KPJJWM6
Reuters: V3MB.L
SEDOL: BPNZV03
Exchange ticker: V3MB
Bloomberg: V3MAN MM
Exchange ticker: V3MA
ISIN: IE000KPJJWM6
Reuters: V3MA.MX
SEDOL: BQP9CX0
Ticker iNav Bloomberg: IV3MAUSD
Bloomberg: V3MA LN
ISIN: IE000KPJJWM6
Reuters: V3MA.L
SEDOL: BKPHXL7
Exchange ticker: V3MA
The sum of investment management fees (the fees paid to the portfolio manager to invest your money and manage the fund) and administrative and other expenses (which cover all costs and expenses connected with the operation of the fund, which includes administrative fees, shareholder's registration and transfer agency fees, custody fees and all other operating expenses).
Tracking errors are reported as a standard deviation of the gross excess returns of the fund, multiplied by the square root of 12 to give an annualised number.
The share price of a stock divided by its per-share earnings over the past year. For a portfolio, the weighted average P/E ratio of the stocks in the portfolio. P/E is a good indicator of market expectations about a company's prospects; the higher the P/E, the greater the expectations for a company's future growth in earnings.
The price per share of a stock divided by its book value (i.e., net worth) per share. For a portfolio, the ratio is the weighted average price/book ratio of the stocks it holds.
An amount, expressed as a percentage, earned on a company's common stock investment for a specific time frame. This figure tells shareholders how effectively their money is being utilised.
The average annual rate of growth in earnings over the past five years for the stocks in a portfolio.