Oberweis Emerging Markets Fund - Investor Class
OBEMX
NASDAQ- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- Sector
- Financial Services
- Industry
- Asset Management
- Address
- 3333 Warrenville Road Lisle IL 60532
- IPO Date
- May 1, 2018
- CIK
- 0000803020
- Similar Companies
- Business
- Oberweis Emerging Markets Fund - Investor Class (OBEMX) is a mutual fund that seeks to maximize long-term capital appreciation by investing, under normal circumstances, at least 80% of its net assets in securities of companies based in emerging markets, including those organized under the laws of emerging market countries, primarily traded on emerging market exchanges, or deriving at least 50% of assets or revenues from emerging market business activities; the fund principally targets small- and medium-sized companies with market capitalizations generally under $5 billion or within the range of the MSCI Emerging Markets Small-Cap Index. It offers Investor Class shares (minimum initial investment of $1,000 non-IRA or $500 IRA) and Institutional Class shares (OIEMX; minimum $1 million), with a focus on high-quality, well-capitalized issuers exhibiting sustainable competitive advantages, secular growth tailwinds, and potential for earnings acceleration; key sectors include information technology and consumer discretionary, with top holdings such as MakeMyTrip Ltd., International Container Terminal Services, VTEX, SK Square Co. Ltd., and Ennoconn Corp., and country allocations emphasizing India (23%), South Korea (16.4%), Taiwan (9.5%), Brazil (7.7%), and China (7.3%) as of mid-2024. The fund, part of The Oberweis Funds series managed by Oberweis Asset Management, Inc., operates primarily for retail and institutional investors seeking exposure to less efficient emerging markets small-cap opportunities; it was launched on May 1, 2018, with headquarters at 3333 Warrenville Road, Suite 500, Lisle, Illinois 60532. In a major strategic shift, the Board of Trustees approved the termination and liquidation of the fund, announced via supplement dated October 17, 2024, with the close expected on or about November 18, 2024; the fund ceased accepting new purchases at that time and began liquidating its portfolio to wind down operations, distributing cash proceeds equal to net asset value to remaining shareholders, who may recognize taxable gains or losses. Effective November 1, 2024, prior to closure, James W. Oberweis assumed duties as sole portfolio manager, replacing prior management. Oberweis Asset Management maintained an expense limitation through April 30, 2025, capping Investor Class total annual operating expenses at 1.75% (gross 2.71%) via fee waivers or reimbursements, with potential recoupment within three years if not exceeding limits. No recent partnerships, acquisitions, funding rounds, or new product launches were identified in connection with OBEMX, though the broader Oberweis Funds family continues active management of related international and small-cap growth strategies.