Martin Currie Emerging Markets Fund Class IS
MCEMX
NASDAQ- -
USD
- -
- -
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 100 International Drive Baltimore MD United States of America 21202
- IPO Date
- May 29, 2015
- CIK
- 0001474103
- Website
- franklintempleton.com
- Similar Companies
- Business
- Martin Currie Emerging Markets Fund Class IS (MCEMX), now operating as ClearBridge Emerging Markets Fund Class IS following a name change effective September 30, 2025, is a mutual fund that seeks long-term capital appreciation by investing at least 80% of its net assets in equity securities and related investments of issuers with substantial economic ties to emerging market countries, including those in Asia, the Indian subcontinent, Latin and Central America, the Middle East, Eastern and Central Europe, and Africa. The fund employs a fundamentals-based, high-conviction, risk-aware investment approach with environmental, social, and governance (ESG) analysis embedded in the process; it maintains a non-diversified portfolio typically comprising around 54 holdings, with significant sector allocations to information technology (33.38%), financials (23.00%), consumer discretionary (13.44%), communication services (9.24%), and industrials (8.46%), benchmarked against the MSCI Emerging Markets Index-NR. Geographically, the portfolio emphasizes exposure to China (26.07%), Taiwan (20.43%), India (17.87%), and South Korea (14.91%), among other emerging regions, targeting large-cap growth companies with a weighted average market capitalization of $383.94 billion. Launched on May 29, 2015, and domiciled in the United States as part of the Franklin Templeton Investments family (Fund Number 7172, CUSIP 52471E613), the Class IS shares feature a net expense ratio of approximately 0.83%, annual dividend frequency, 19% portfolio turnover, and a minimum initial investment of $1,000,000. In recent developments, the fund underwent a significant rebranding from Martin Currie to ClearBridge Emerging Markets Fund in September 2025, reflecting integration within the broader Franklin Templeton and ClearBridge affiliate structure, co-managed by experienced teams including those from Martin Currie Inc.; this follows prior merger activities in related funds, such as the Franklin Templeton Funds Martin Currie Emerging Markets Fund merging into the FTF Templeton Global Emerging Markets Fund effective March 14, 2025, aimed at cost reductions and scale benefits. The fund continues to distribute dividends annually (yield around 0.61%) and capital gains in December, with total net assets approximating $313 million.