Redwheel Global Emerging Equity Fund (RWCEX)
The fund invests at least 80% of its net assets, plus any borrowings for investment purposes, in equity securities of emerging market companies, and in other instruments, principally derivatives and shares of investment companies (including exchange-traded funds ("ETFs")), that have economic characteristics similar to such securities. It invests in at least three emerging or frontier market countries. The fund may also invest in "out-of-the-money" convertible securities and may invest in securities of companies with any market capitalization.
Fund Info
US00771X4438
Dec 29, 2016
$10,000,000
Large-Cap
Growth
Expense Ratio
RWCEX has a high expense ratio of 1.22%, indicating higher-than-average management fees.
Share Price Chart
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Compare to other instruments
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Performance
Performance Chart
The chart shows the growth of an initial investment of $10,000 in Redwheel Global Emerging Equity Fund, comparing it to the performance of the S&P 500 index or another benchmark. All prices have been adjusted for splits and dividends.
Returns By Period
Redwheel Global Emerging Equity Fund had a return of 7.57% year-to-date (YTD) and 8.49% in the last 12 months.
RWCEX
7.57%
7.05%
2.71%
8.49%
-0.79%
N/A
^GSPC (Benchmark)
4.46%
2.46%
9.31%
23.49%
13.03%
11.31%
Monthly Returns
The table below presents the monthly returns of RWCEX, with color gradation from worst to best to easily spot seasonal factors. Returns are adjusted for dividends.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 2.01% | 7.57% | |||||||||||
| 2024 | -5.29% | 2.84% | 2.67% | 2.41% | 2.90% | -1.59% | -0.72% | -1.44% | 9.61% | -5.59% | -2.92% | -3.73% | -1.85% |
| 2023 | 11.68% | -9.68% | 2.80% | -4.60% | -1.97% | 6.02% | 8.71% | -5.23% | -3.95% | -7.75% | 11.00% | 1.34% | 5.59% |
| 2022 | -2.93% | -4.52% | -4.03% | -8.39% | 2.24% | -5.62% | 1.12% | -0.28% | -12.18% | -4.73% | 18.63% | -4.04% | -24.47% |
| 2021 | 0.12% | 5.20% | -2.95% | 4.27% | 0.17% | -0.11% | -6.34% | 3.11% | -6.56% | 3.54% | -4.50% | -12.09% | -16.35% |
| 2020 | -5.38% | -6.45% | -18.60% | 12.49% | 2.18% | 10.38% | 7.91% | 3.91% | -2.27% | 3.53% | 15.18% | 12.72% | 34.62% |
| 2019 | 11.99% | 3.54% | 1.28% | 0.84% | -8.87% | 7.53% | -0.51% | -6.09% | 2.83% | 4.35% | -0.00% | 6.57% | 24.00% |
| 2018 | 7.12% | -3.69% | -2.58% | 0.64% | -3.34% | -6.32% | 0.31% | -7.51% | -1.27% | -9.08% | 1.04% | -5.73% | -27.35% |
| 2017 | 5.60% | 2.27% | 1.39% | 2.74% | 2.40% | 2.78% | 6.76% | 2.77% | 1.08% | 2.89% | -0.89% | 4.30% | 39.65% |
Risk-Adjusted Performance
Risk-Adjusted Performance Rank
The current rank of RWCEX is 20, meaning it’s performing worse than 80% of other mutual funds on our website when it comes to balancing risk and reward. Below is a breakdown of how it compares using common performance measures.
Risk-Adjusted Performance Indicators
The charts below present risk-adjusted performance metrics for Redwheel Global Emerging Equity Fund (RWCEX) and compare them to a chosen benchmark (^GSPC). These indicators evaluate an investment's returns against its associated risks.
Dividends
Dividend History
Redwheel Global Emerging Equity Fund provided a 1.18% dividend yield over the last twelve months, with an annual payout of $0.13 per share. The fund has been increasing its distributions for 2 consecutive years.
| Period | TTM | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 |
|---|---|---|---|---|---|---|---|---|---|
| Dividend | $0.13 | $0.13 | $0.07 | $0.06 | $0.31 | $0.04 | $0.06 | $0.02 | $0.05 |
Dividend yield | 1.18% | 1.26% | 0.68% | 0.54% | 2.28% | 0.24% | 0.49% | 0.15% | 0.39% |
Monthly Dividends
The table displays the monthly dividend distributions for Redwheel Global Emerging Equity Fund. The dividends shown in the table have been adjusted to account for any splits that may have occurred.
| Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | Total | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | $0.00 | $0.00 | $0.00 | ||||||||||
| 2024 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.13 | $0.13 |
| 2023 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.07 | $0.07 |
| 2022 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2021 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.31 | $0.31 |
| 2020 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.04 | $0.04 |
| 2019 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.06 | $0.06 |
| 2018 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.00 | $0.02 | $0.02 |
| 2017 | $0.05 | $0.05 |
Drawdowns
Drawdowns Chart
The Drawdowns chart displays portfolio losses from any high point along the way. Drawdowns are calculated considering price movements and all distributions paid, if any.
Worst Drawdowns
The table below displays the maximum drawdowns of the Redwheel Global Emerging Equity Fund. A maximum drawdown is a measure of risk, indicating the largest reduction in portfolio value due to a series of losing trades.
The maximum drawdown for the Redwheel Global Emerging Equity Fund was 51.33%, occurring on Oct 24, 2022. The portfolio has not yet recovered.
The current Redwheel Global Emerging Equity Fund drawdown is 37.76%.
Depth | Start | To Bottom | Bottom | To Recover | End | Total |
|---|---|---|---|---|---|---|
| -51.33% | Feb 17, 2021 | 426 | Oct 24, 2022 | — | — | — |
| -46.08% | Jan 29, 2018 | 541 | Mar 23, 2020 | 172 | Nov 24, 2020 | 713 |
| -6.64% | Jan 22, 2021 | 6 | Jan 29, 2021 | 5 | Feb 5, 2021 | 11 |
| -5.56% | Oct 17, 2017 | 37 | Dec 7, 2017 | 15 | Dec 29, 2017 | 52 |
| -4.61% | Feb 23, 2017 | 11 | Mar 9, 2017 | 18 | Apr 4, 2017 | 29 |
Volatility
Volatility Chart
The current Redwheel Global Emerging Equity Fund volatility is 4.02%, representing the average percentage change in the investments's value, either up or down over the past month. The chart below shows the rolling one-month volatility.