- The VanEck Emerging Markets Equity Strategy outperformed the Index on the MTD, QTD and YTD basis ending 5/31/2020.
- The global pandemic has accelerated growth in certain sectors and industries such as digital, e-commerce, data centers, telemedicine and video gaming, with disruption timelines likely shortening.
- As COVID-19 unfolded, significant market turbulence disproportionately affected small- and mid-cap stocks in emerging markets, as is often the case in times of very heightened risk.
- Implications on Chinese companies – Consumer Discretionary, Industrials and Information Technology sectors contributed to performance, whereas Financials, Health Care and Real Estate detracted on the YTD basis ending 5/31/2020.
Read Blog: Emerging Markets vs. Developed: Where to Invest Now?