Overview

Emerging markets have become a larger percentage of the world's GDP.2

The International Monetary Fund expects emerging markets to account for a higher percentage of GDP in the coming years.

  • Emerging Markets
  • Advanced Economies

Not based on the return of any specific fund.

Historical Returns (%)as of Dec 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
02/28/2017
Fund at NAV 2.21 9.20 7.54 24.06 -1.31 -0.83 1.42
Fund w/Max Sales Charge 1.21 8.20 6.54 23.06 -1.31 -0.83 1.42
MSCI Emerging Markets Index3 3.06 8.94 8.70 29.46 1.35 -0.37 2.86
12/31/2016
Fund at NAV 1.55 -2.73 11.20 11.20 -4.32 0.73 0.75
Fund w/Max Sales Charge 0.55 -3.70 10.20 10.20 -4.32 0.73 0.75
MSCI Emerging Markets Index3 0.22 -4.16 11.19 11.19 -2.55 1.27 1.84
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 1%.

Fund Factsas of Feb 28, 2017

Class C Inception 06/30/2006
Investment Objective Long-term capital appreciation
Total Net Assets $2.9B
Minimum Investment $1000
Expense Ratio4 2.12%
CUSIP 277923769

Top 10 Holdings (%)5,6as of Feb 28, 2017

America Movil SA
China Mobile Limited
Grupo Televisa SAB
Cemex SAB
Sberbank
MTN Group Ltd.
Naspers Ltd. N-Shares
Cielo SA
Samsung Electronic
Gazprom
Total 5.94

Portfolio Management

Thomas Seto Managed Fund since 2007
Timothy W. Atwill, Ph.D., CFA Managed Fund since 2014

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Performance

Historical Returns (%)as of Dec 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
02/28/2017
Fund at NAV 2.21 9.20 7.54 24.06 -1.31 -0.83 1.42
Fund w/Max Sales Charge 1.21 8.20 6.54 23.06 -1.31 -0.83 1.42
MSCI Emerging Markets Index3 3.06 8.94 8.70 29.46 1.35 -0.37 2.86
Morningstar™ Diversified Emerging Mkts Category7 2.58 8.27 8.23 25.50 0.41 0.20 2.25
12/31/2016
Fund at NAV 1.55 -2.73 11.20 11.20 -4.32 0.73 0.75
Fund w/Max Sales Charge 0.55 -3.70 10.20 10.20 -4.32 0.73 0.75
MSCI Emerging Markets Index3 0.22 -4.16 11.19 11.19 -2.55 1.27 1.84
Morningstar™ Diversified Emerging Mkts Category7 0.01 -5.30 8.47 8.47 -3.18 1.61 1.32
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 1%.

Calendar Year Returns (%)

2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
Fund at NAV 34.87 -52.13 66.08 20.97 -19.91 18.45 -0.05 -4.82 -17.26 11.20
MSCI Emerging Markets Index3 39.39 -53.33 78.51 18.88 -18.42 18.22 -2.60 -2.19 -14.92 11.19

Fund Facts

Expense Ratio4 2.12%
Class C Inception 06/30/2006
Distribution Frequency Annually

Risk Measures (3 Year)8as of Feb 28, 2017

Alpha (%) -2.53
Beta 0.85
R-Squared (%) 93.92
Standard Deviation (%) 14.13
Sharpe Ratio -0.10

Morningstar™ Ratingsas of Feb 28, 2017

Time Period Rating Funds in
Diversified Emerging Mkts
Category
Overall *** 626
3 Years ** 626
5 Years *** 431
10 Years *** 173
The Morningstar Rating™ for funds, or "star rating", is calculated for managed products (including mutual funds and exchange-traded funds) with at least a three-year history. Exchange-traded funds and open-ended mutual funds are considered a single population for comparative purposes. It is calculated based on a Morningstar Risk-Adjusted Return measure that accounts for variation in a managed product's monthly excess performance, placing more emphasis on downward variations and rewarding consistent performance. The top 10% of products in each product category receive 5 stars, the next 22.5% receive 4 stars, the next 35% receive 3 stars, the next 22.5% receive 2 stars, and the bottom 10% receive 1 star.

The Overall Morningstar Rating for a managed product is derived from a weighted average of the performance figures associated with its three-, five-, and 10-year (if applicable) Morningstar Rating metrics. The weights are: 100% three-year rating for 36-59 months of total returns, 60% five-year rating/40% three-year rating for 60-119 months of total returns, and 50% 10-year rating/30% five-year rating/20% three-year rating for 120 or more months of total returns. While the 10-year overall star rating formula seems to give the most weight to the 10-year period, the most recent three-year period actually has the greatest impact because it is included in all three rating periods. Star ratings do not reflect the effect of any applicable sales load.

©2017 Morningstar. All Rights Reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information.

NAV History

Date NAV NAV Change
Mar 28, 2017 $13.78 $0.04
Mar 27, 2017 $13.74 -$0.05
Mar 24, 2017 $13.79 $0.03
Mar 23, 2017 $13.76 $0.02
Mar 22, 2017 $13.74 $0.02
Mar 21, 2017 $13.72 -$0.09
Mar 20, 2017 $13.81 $0.07
Mar 17, 2017 $13.74 $0.04
Mar 16, 2017 $13.70 $0.16
Mar 15, 2017 $13.54 $0.18

Distribution History9

Ex-Date Distribution Reinvest NAV
Jun 15, 2016 $0.14310 $11.83
May 21, 2015 $0.00350 $14.43
Dec 29, 2014 $0.05340 $13.95
No records in this table indicates that there has not been a distribution greater than .0001 within the past 3 years.
Fund prospectus

Capital Gain History9

Ex-Date Short-Term Long-Term Reinvest NAV
May 21, 2015 $0.00830 $0.16980 $14.43
Dec 29, 2014 $0.02960 $0.04800 $13.95
No records in this table indicates that there has not been a capital gain greater than .0001 within the past 3 years.
Fund prospectus

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Portfolio

Asset Mix (%)6as of Feb 28, 2017

Foreign Common Stocks 99.55
Cash & Other Assets 0.45
Total 100.00

Portfolio Statisticsas of Feb 28, 2017

Median Market Cap $2.4B
Price/Earnings Ratio 14.07
Price/Book Ratio 1.44
Number of Holdings 1,669
Countries Represented 49

GICS Sector Breakdown (%)6as of Feb 28, 2017

Sector Fund MSCI Emerging Markets Index3
Consumer Discretionary 9.51 10.34
Consumer Staples 10.18 6.99
Energy 8.87 7.41
Financials 18.23 24.47
Health Care 4.84 2.46
Industrials 10.16 5.81
Information Technology 5.83 23.88
Materials 12.61 7.57
Real Estate 3.16 2.59
Telecom Services 9.47 5.63
Utilities 6.66 2.85
Cash 0.48

Assets by Country (%)6as of Feb 28, 2017

China 10.60
Korea 6.13
Mexico 6.03
India 5.98
Taiwan 5.96
South Africa 5.96
Brazil 5.96
Russia 5.57
Chile 3.07
Turkey 3.05
View All

Geographic Mix (%)6as of Feb 28, 2017

Asia/Pacific 45.65
Latin America 19.06
Eastern Europe 15.86
Middle East 9.02
Africa 8.98
Europe except U.K. 1.43

Fund Holdings (%)6,10as of Jan 31, 2017

Holding % of Net Assets
STATE STREET EURO DLR TIME DEP STATE STREET EURO DLR TIME DE 0.86%
China Mobile Ltd 0.74%
Sberbank of Russia PJSC 0.61%
America Movil SAB de CV 0.60%
MTN Group Ltd 0.57%
Gazprom PJSC 0.53%
Naspers Ltd 0.53%
Vale SA 0.53%
Samsung Electronics Co Ltd 0.51%
Cielo SA 0.49%
View All

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Insights & Analysis

Commentary

A Word On The Markets as of Dec 31, 2016

Emerging markets equities fell over the fourth quarter of 2016, with the MSCI Emerging Markets Index3 down -4.16% over the three-month period. This downward trend masked a great deal of dispersion between individual country returns, with Russia and Greece rising over 10%, while the Philippines, Turkey and Egypt dropping by more than 10%.

The overall decrease in the Index was driven to a large degree by declines in China and Korea. China's markets reversed direction from the prior quarter, as investors grew increasingly concerned about the health of the Chinese economy and the continued weakening of its currency. Korean stocks also experienced a sharp decline over the quarter due to a number of factors, including slumping exports, the bankruptcy of Korea's largest container shipper and a political scandal involving influence peddling by the Korean president. Notable winners included Russia and Greece. Russia benefited from rising energy prices and optimism surrounding the impact of U.S. election results on U.S/Russian relations. Greek equities recovered when E.U. officials decided that Greece had completed the required pre-conditions for debt relief payments.

On average, frontier-market countries vastly outperformed emerging-market countries during the quarter, with the MSCI Frontier Markets Index11 up 0.49%. Index returns were assisted by rallies in Pakistan and Kuwait, which together make up over one-quarter of the index.

Performance Summary 

Parametric Emerging Markets Fund (the Fund) outperformed its benchmark, the MSCI Emerging Markets Index3 (the Index), for the quarter ended December 31, 2016 returning -2.51% for Investor Class shares at net asset value versus the Index's -4.11% return.

  • The Fund's emphasis on diversification12 via a system of target country weights and systematic rebalancing back to these target weights strongly contributed to returns relative to the Index. The diversification targets consistently have the Fund underweight large countries and overweight smaller countries.
  • In contrast, the Fund's emphasis on diversification at the sector level within each country detracted to relative returns.
  • Finally, frontier countries included in the Fund, but not in the Index, contributed to relative performance, as our portfolio held larger positions to those frontier market countries which outperformed the Index.

Historical Returns (%)as of Dec 31, 2016

Annualized
1 Mo. 3 Mos. YTD 1 Yr. 3 Yrs. 5 Yrs. 10 Yrs.
Fund at NAV 1.55 -2.73 11.20 11.20 -4.32 0.73 0.75
Fund w/Max Sales Charge 0.55 -3.70 10.20 10.20 -4.32 0.73 0.75
MSCI Emerging Markets Index3 0.22 -4.16 11.19 11.19 -2.55 1.27 1.84
Past performance is no guarantee of future results. Investment return and principal value will fluctuate so that shares, when redeemed, may be worth more or less than their original cost. Performance is for the stated time period only; due to market volatility, the Fund's current performance may be lower or higher than quoted. Returns are historical and are calculated by determining the percentage change in net asset value (NAV) with all distributions reinvested. Returns for other classes of shares offered by the Fund are different. Performance less than or equal to one year is cumulative. Max Sales Charge: 1%.

Fund Factsas of Dec 31, 2016

Class C Inception 06/30/2006
Expense Ratio4 2.12%

Contributors 

Factors contributing to the Fund's relative performance compared to the Index during the quarter:

  • An underweight to China contributed to performance versus the Index, as investors had growing concerns about slowing economic growth rates, seemingly over-leveraged balance sheets, and continued declines in the value of the yuan versus the U.S. dollar.
  • An overweight to Russia also lifted performance relative to the Index, as this crude oil exporter's economy benefited from the bounce-back in energy prices.
  • The inclusion of Pakistan, an out-of-index country, also lifted performance relative to the Index, on news of rising economic growth, falling inflation, and growing investor interest due to its possible inclusion in MSCI's Emerging Markets Index in 2017.

Detractors 

Factors detracting from the Fund's relative performance compared to the Index during the quarter:

  • An overweight to Egypt detracted from performance versus the Index, as equity values plunged as a consequence of the de-pegging of the Egyptian pound in early November. However, this free-floating of the currency removed a major impediment to foreign capital flows, resulting in immediate foreign investor interest.
  • The overweight to Turkey also detracted from performance. Turkish stocks were negatively impacted by signs of a slowing economy, growing inflation, and a declining currency.
  • Our sector diversification process in Brazil also detracted from relative returns.

Investment Outlook And Fund Positioning 

Commentators have expressed a wide range of opinions regarding the emerging-market asset class. Regardless of the near term forecast, many observers believe that persistent demographic and economic trends give emerging-market economies a long-term advantage. While emerging-market equities may continue to demonstrate heightened volatility, they may do so against a backdrop of generally rising prices.

How does one invest in this space with so much short-term uncertainty? We believe that managing risk by broadly diversifying, avoiding concentrations and portfolio rebalancing are all key aspects that help address thoughtful investment decisions. Parametric's emerging market investment strategy relies on a rules based approach, in combination with a systematic rebalancing discipline, to reduce concentrations, while emphasizing broad diversification in seeking its objective of long-term capital appreciation.

Top 10 Holdings (%)5,6as of Dec 31, 2016

China Mobile Limited 0.74
Sberbank 0.64
America Movil SA 0.63
MTN Group Ltd. 0.60
Magnit 0.57
Gazprom 0.57
Naspers Ltd. N-Shares 0.52
Cielo SA 0.51
Credicorp Ltd. 0.48
Samsung Electronic 0.47
Total 5.74

The views expressed in this report are those of portfolio manager(s) and are current only through the date stated at the top of this page. These views are subject to change at any time based upon market or other conditions, and Eaton Vance disclaims any responsibility to update such views. These views may not be relied upon as investment advice and, because investment decisions are based on many factors, may not be relied upon as an indication of trading intent on behalf of any Eaton Vance fund. This commentary may contain statements that are not historical facts, referred to as "forward looking statements". The Fund's actual future results may differ significantly from those stated in any forward-looking statement, depending on factors such as changes in securities or financial markets or general economic conditions, the volume of sales and purchases of Fund shares, the continuation of investment advisory, administrative and service contracts, and other risks discussed from time to time in the Fund's filings with the Securities and Exchange Commission.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.

Attribution

Country Attributionas of Dec 31, 2016

Country Fund MSCI Emerging Markets Index Attribution
Average Weight Total Return Contribution to Return Average Weight Total Return Contribution to Return Allocation Effect Selection Effect Total Effect
China 9.46 -3.17 -0.29 27.00 -7.07 -1.92 0.52 0.38 0.90
Russia 6.43 16.48 0.96 3.97 18.56 0.68 0.51 -0.11 0.39
India 5.88 1.15 0.05 8.39 -1.43 -0.15 0.35 0.16 0.51
Peru 1.59 53.56 0.72 0.39 55.61 0.18 0.47 -0.05 0.43
Pakistan 1.24 42.11 0.51 0.00 0.00 0.00 0.35 0.00 0.35
Kuwait 1.60 9.30 0.14 0.00 0.00 0.00 0.21 0.00 0.21
Bahrain 0.77 17.82 0.13 0.00 0.00 0.00 0.16 0.00 0.16
Kazakhstan 0.78 13.27 0.10 0.00 0.00 0.00 0.14 0.00 0.14
Kazakhstan 0.77 38.51 0.30 0.00 0.00 0.00 0.21 0.00 0.21
Panama 0.30 94.02 0.24 0.00 0.00 0.00 0.20 0.00 0.20
Bahrain 0.78 36.76 0.27 0.00 0.00 0.00 0.19 0.00 0.19
Peru 1.53 2.68 0.04 0.38 2.53 0.01 0.08 0.00 0.08
Colombia 1.55 27.19 0.39 0.46 26.48 0.11 0.18 0.00 0.18
Indonesia 3.02 -5.19 -0.15 2.64 -7.75 -0.21 -0.01 0.08 0.08
Croatia 0.76 26.61 0.20 0.00 0.00 0.00 0.12 0.00 0.12
Argentina 0.79 25.00 0.20 0.00 0.00 0.00 0.11 0.00 0.11
Vietnam 0.78 18.70 0.15 0.00 0.00 0.00 0.06 0.00 0.06
Greece 1.49 4.33 0.12 0.38 -12.13 -0.06 -0.09 0.14 0.05
Thailand 3.12 22.83 0.67 2.24 26.61 0.54 0.16 -0.12 0.04
Qatar 1.53 1.09 0.02 0.87 0.65 0.00 0.03 0.01 0.04
Oman 0.79 14.24 0.11 0.00 0.00 0.00 0.02 0.00 0.02
Lithuania 0.08 29.54 0.02 0.00 0.00 0.00 0.01 0.00 0.01
Bulgaria 0.04 21.40 0.01 0.00 0.00 0.00 0.01 0.00 0.01
Estonia 0.24 12.76 0.03 0.00 0.00 0.00 0.01 0.00 0.01
Bangladesh 0.76 9.73 0.08 0.00 0.00 0.00 0.00 0.00 0.00
Saudi Arabia 0.75 8.11 0.09 0.00 0.00 0.00 0.00 0.00 0.00
Mexico 5.86 -6.31 -0.37 3.64 -7.88 -0.29 -0.09 0.09 0.01
Bulgaria 0.05 10.88 0.01 0.00 0.00 0.00 0.01 0.00 0.01
Lebanon 0.14 -3.08 0.00 0.00 0.00 0.00 -0.02 0.00 -0.02
Estonia 0.24 -3.01 -0.01 0.00 0.00 0.00 0.00 0.00 0.00
Kuwait 1.48 6.63 0.12 0.00 0.00 0.00 -0.03 0.00 -0.03
Ghana 0.08 -17.59 -0.02 0.00 0.00 0.00 -0.03 0.00 -0.03
Romania 0.74 6.52 0.05 0.00 0.00 0.00 -0.03 0.00 -0.03
Slovenia 0.74 5.14 0.03 0.00 0.00 0.00 -0.04 0.00 -0.04
Sri Lanka 0.76 -5.30 -0.04 0.00 0.00 0.00 -0.01 0.00 -0.01
Qatar 1.50 3.53 0.06 0.93 6.27 0.06 -0.01 -0.04 -0.05
South Africa 6.05 -4.34 -0.25 6.90 -4.05 -0.29 0.01 -0.02 -0.01
Poland 3.05 3.72 0.14 1.20 0.13 0.00 -0.18 0.11 -0.08
Czech Republic 1.07 -1.29 0.02 0.17 -5.00 -0.01 -0.15 0.05 -0.10
Argentina 0.73 -6.74 -0.04 0.00 0.00 0.00 -0.02 0.00 -0.02
China Shanghai 0.21 1.25 -0.03 0.00 0.00 0.00 -0.02 0.00 -0.02
Malaysia 3.01 -8.80 -0.27 2.60 -8.40 -0.22 -0.02 -0.01 -0.03
Slovenia 0.76 -9.94 -0.08 0.00 0.00 0.00 -0.05 0.00 -0.05
Mexico 5.80 -6.72 -0.45 4.08 -9.16 -0.39 -0.38 0.17 -0.21
Philippines 3.04 -10.87 -0.34 1.26 -12.80 -0.17 -0.16 0.06 -0.10
Korea 6.00 0.88 0.05 15.03 8.75 1.32 0.23 -0.48 -0.26
Brazil 6.15 61.09 3.42 6.93 66.24 3.51 -0.03 -0.25 -0.29
Taiwan 6.08 -2.95 -0.18 12.32 -2.18 -0.26 -0.12 -0.05 -0.17
Brazil 5.88 -0.27 0.06 7.70 2.05 0.15 -0.04 -0.14 -0.18
Egypt 1.42 -18.28 -0.31 0.17 -11.53 -0.02 -0.28 -0.16 -0.44
Taiwan 5.95 14.02 0.85 12.23 18.54 2.20 -0.44 -0.26 -0.70
Total 100.00 13.79 13.79 100.00 11.19 11.19 2.81 -0.21 2.61

Additional Notes 

Source: Factset.

Attribution analysis shows the contribution of indicated factor exposures to a portfolio's relative total return versus a designated benchmark. Results are based on each day's ending holdings, and linked to generate attribution over longer periods. Portfolio returns do not reflect applicable expenses and trading costs, or variations in transaction prices from end of day values.

Allocation Effect 

Measures portfolio's excess return due to over or under-weighting a sector.

Selection Effect 

Measures portfolio's excess return from selecting individual stocks within each sector.

Portfolio profile subject to change due to active management. Percentages may not total 100% due to rounding.

About Risk 

Fund performance is sensitive to stock market volatility. Investments in foreign instruments or currencies can involve greater risk and volatility than U.S. investments because of adverse market, economic, political, regulatory, geopolitical or other conditions. In emerging countries, these risks may be more significant. No Fund is a complete investment program and you may lose money investing in a Fund. The Fund may engage in other investment practices that may involve additional risks and you should review the Fund prospectus for a complete description.


Management

Biography
Thomas Seto

Thomas Seto

Head of Investment Management
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 1998

Thomas Seto is head of investment management with Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. Tom is responsible for all portfolio management and trading at the Seattle Investment Center, and is a member of the executive committee. He joined Parametric in 1998.

Tom began his career in the investment management industry in 1991. Before joining Parametric, he served as the head of U.S. equity index investments at Barclays Global Investors.

Tom earned a B.S. in electrical engineering from the University of Washington and an MBA from the University of Chicago Booth School of Business.

Education
  • B.S. University of Washington
  • M.B.A Booth School of Business, University of Chicago

Experience
  • Managed Fund since 2007

Biography
Timothy W. Atwill, Ph.D., CFA

Timothy W. Atwill, Ph.D., CFA

Head of Investment Strategy
Parametric Seattle Investment Center
Joined Parametric Portfolio Associates 2010

Tim Atwill is head of investment strategy with Parametric Portfolio Associates LLC, an investment adviser and majority-owned subsidiary of Eaton Vance Corp. He leads Parametric's investment strategy team and is responsible for managing the continued evolution of Parametric's investment strategies and communicating these strategies to external audiences.

Before joining Parametric, Tim was affiliated with Russell Investments in its manager research unit, performing due diligence duties for the firm's consulting clients, and in its trading group, implementing derivative strategies for institutional clients. Previously, he was a non-life actuary and portfolio manager at Safeco Insurance Company.

Tim earned a B.A. in Mathematics from Reed College and a Ph.D. in mathematics from Dartmouth College. He holds the FCAS designation from the Casualty Actuarial Society and is a CFA charterholder.

Education
  • B.A. Reed College
  • Ph.D. Dartmouth College

Experience
  • Managed Fund since 2014


Literature

Literature

Fact Sheet

Download - Last updated: Dec 31, 2016

Commentary

Download - Last updated: Dec 31, 2016

Attribution

Download - Last updated: Feb 28, 2017

Annual Report

Download - Last updated: Jan 31, 2017

Full Prospectus

Download - Last updated: Jun 1, 2016

Holdings-1st or 3rd fiscal quarters-www.sec.gov

Download

SAI

Download - Last updated: Jun 1, 2016

EXCLUSIVE CONTENT

Emerging-Market Exposure with Lower Volatility?

Download - Last updated: Dec 31, 2016

Performance Always Matters

Download - Last updated: Dec 31, 2016

Semi-Annual Report

Download - Last updated: Jul 31, 2016

Summary Prospectus

Download - Last updated: Jun 1, 2016

MSCI: China A-shares still not ready for prime time

Download - Last updated: Jul 1, 2016

Currency hedging in the emerging markets: All pain, no gain

Download - Last updated: Apr 30, 2016

EXCLUSIVE CONTENT

Importance of Country Allocation: Developed vs. Emerging Markets

Download - Last updated: Feb 1, 2016

XBRL

Download - Last updated: Jun 14, 2016