Virtus Vontobel Emerging Markets Opportunities Fund I (HIEMX) is an open-end mutual fund that seeks long-term capital appreciation by investing primarily in equity securities of emerging market companies. The fund offers exposure to a diversified portfolio of common stocks, preferred stocks, depositary receipts, and other equity-linked instruments issued by companies domiciled in or conducting significant business in emerging markets; it may also allocate up to 20% of assets to fixed-income securities, cash equivalents, and derivatives such as futures, options, and swaps for hedging or efficient portfolio management. Managed within the global emerging markets equity segment, it targets institutional and retail investors seeking growth opportunities in high-potential regions including Asia, Latin America, Eastern Europe, the Middle East, and Africa.
Headquartered in Hartford, Connecticut, under Virtus Investment Partners, Inc., with sub-advisory from Vontobel Asset Management, the fund leverages Vontobel's expertise in bottom-up stock selection focused on quality growth companies with sustainable competitive advantages. Geographic operations span over 25 emerging market countries, emphasizing sectors such as financials, information technology, consumer discretionary, and materials.
Recent developments include a strategic rebranding and expanded partnership between Virtus Investment Partners and Vontobel Asset Management in 2023, enhancing the fund's access to Vontobel's proprietary research platform; in 2024, the fund launched enhanced ESG integration criteria across its holdings amid growing investor demand for sustainable emerging markets strategies. Additionally, Virtus announced a $100 million seed investment commitment to bolster the fund's Class I shares (HIEMX) in late 2024, supporting distribution expansion through financial intermediaries.