This ETF is designed to invest in equities of companies situated in developing economies worldwide, including notable markets such as China, Brazil, Taiwan, and South Africa. Its primary objective is to closely mirror the performance of the FTSE Emerging Markets All Cap China A Inclusion Index. While this investment offers significant potential for capital appreciation, it also entails considerable risk; its market value can experience greater fluctuations compared to equity funds that focus on more established economies, like the United States. Consequently, it is best suited for investors with a long-term investment horizon. To ensure diversification, and pertaining to 75% of its total assets, the fund typically refrains from purchasing more than 10% of an issuer's voting shares or dedicating over 5% of its total assets to any single issuer's securities. An exception to these guidelines is permitted if required to align with the composition of its target index. Furthermore, these concentration restrictions do not extend to obligations issued by the U.S. government or its agencies.

PDD Holdings Inc.

First Bank

United Microelectronics Corporation

Grupo Cibest S.A.

Full Truck Alliance Co. Ltd.

Kanzhun Limited

Itaú Unibanco Holding S.A.

Tencent Music Entertainment Group

TAL Education Group

Vipshop Holdings Limited

Technology

Financial Services

Consumer Cyclical

Industrials

Basic Materials

Communication Services

Energy

Healthcare

Consumer Defensive

Utilities

Vanguard FTSE Emerging Markets Index Fund ETF Shares

VWO Holdings & Sector Breakdown