Active ETF
Putnam Emerging Markets ex-China ETF (Class A)
(PEMX)
Pursues alpha over a market cycle through fundamental research in emerging markets beyond China
Putnam Emerging Markets ex-China ETF (PEMX)
PEMX aims to explore a range of attractive EM opportunities outside of China.
China exposure has been a performance headwind over the long term.
We believe that offering emerging markets ex-China exposure could lead to risk-adjusted performance for investors.
Source: Morningstar, as of 3/31/23.
Past performance is not indicative of future results. You cannot invest directly in an index. Index performance does not represent actual fund. The PEMX fund pursues an actively managed investment strategy.
NAV as of 12/05/23
$43.65
Market data all data below as of 12/05/23
|
Closing market price
|
$43.96 |
|
30-day median bid-ask spread
|
0.16% |
|
Day high
|
$43.96 |
|
Day low
|
$43.96 |
|
Premium/Discount
|
0.71% |
|
30-day average trading volume
|
277 |
| Net assets and outstanding shares |
Download CSV |
How to buy Putnam ETFs
Putnam ETFs can be purchased and sold the same way you would buy or sell a stock — through most self-directed brokers or with the guidance of your advisor. Opening an online, self-directed brokerage account provides investors with:
- Accessibility to a variety of investment products
- Tools to help you build and optimize your portfolio
- Flexibility and freedom of managing your investment portfolio
Learn about Putnam active ETFs
ETF facts as of 04/30/23
Ticker
PEMX
CUSIP
746729847
Inception date
05/17/23
Total net assets
--
Total expense ratio
0.85%
Open to new investors
Category
Blend
Turnover (fiscal year-end)
--
Dividend frequency
Annually
Fiscal year-end
April
Objective
Putnam Emerging Markets ex-China ETF seeks long-term capital appreciation.
Strategy and process
- Concentrated, best-ideas approachSeeks to capitalize on inefficiencies by targeting 30–60 high-conviction names
- Focus on mispriced earningsSeeks to overweight high-quality names where we have a differentiated view on earnings
- Seeks to deliver an asymmetric return profileEmphasizes quality bias to pursue upside potential and limit downside risk
Management team
Brian S. Freiwald, CFA
Portfolio Manager
19 years in industry
13 years at Putnam Investments
See full profile
Literature
Related/Investment insights
A rising number of S&P 500 companies are now tying ESG metrics to executive pay. Explore insights on how this impacts corporate goals and investment opportunities.
Putnam Investments is pleased to share our 2023 Sustainability and Impact Report.
Compare
See how this fund stacks up against its peers with FundVisualizer®
New to FundVisualizer? Watch tutorials on how to get started.
For more tutorials, please visit fundvisualizer.com
** FundVisualizer comparison based on Putnam fund versus the largest fund in its Morningstar category.
Holdings
MSCI Emerging Markets ex-China Index is a free float-adjusted market capitalization index that is designed to measure equity market performance in the global emerging markets excluding China. You cannot invest directly in an index.
Consider these risks before investing: International investing involves currency, economic, and political risks. Emerging market securities carry illiquidity and volatility risks. Investments in small and/or midsize companies increase the risk of greater price fluctuations. From time to time, the fund may invest a significant portion of its assets in companies in one or more related geographic areas, industries or sectors, which would make the fund more vulnerable to adverse developments affecting those geographic areas, industries or sectors.
Growth stocks may be more susceptible to earnings disappointments, and value stocks may fail to rebound. The value of investments in the fund's portfolio may fall or fail to rise over extended periods of time for a variety of reasons, including general economic, political, or financial market conditions; investor sentiment and market perceptions; government actions; geopolitical events or changes; and factors related to a specific issuer, geography, industry, or sector. These and other factors may lead to increased volatility and reduced liquidity in the fund's portfolio holdings.
Our investment techniques, analyses, and judgments may not produce the outcome we intend. The investments we select for the fund may not perform as well as other securities that we do not select for the fund. We, or the fund's other service providers, may experience disruptions or operating errors that could have a negative effect on the fund. You can lose money by investing in the fund.
Investing in an ETF is as easy as investing in a stock
Putnam ETFs, which trade on the New York Stock Exchange, can be purchased and sold the way you would buy or sell a stock — through a broker or with the help and guidance of your advisor. Brokerage commissions and transactions costs may vary, so be sure to check on these costs with your broker, advisor, or other financial intermediary.
By clicking on your broker below, you will leave the Putnam website.
The hyperlinks on this website are provided as a convenience, and Putnam is not responsible for the third-party information, services, or products offered through these platforms. Putnam does not endorse or recommend any broker, advisor, or other financial intermediary. For information on payments made to third-party intermediaries in connection to Putnam's ETFs, please review the fund's SAI or contact the intermediary directly to discuss as this may create a conflict of interest influencing such intermediaries to recommend a Putnam ETF over another investment.
Investing in an ETF is as easy as investing in a stock.
Putnam ETFs are available for purchase and sale through most self-directed brokers or with the help of your financial advisor. Opening an online self-directed brokerage account provides investors with:
- Accessibility to a variety of investment products
- Tools to help you build and optimize your portfolio
- Flexibility and freedom of managing your investment portfolio
