Morningstar® Investment Profile™   Morningstar®
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VY® JPMorgan Emerging Markets Equity I  IJEMX
Release date as of 2022-05-31. Data on page is subject to change.
Snapshot Ratings & Risk Portfolio Nuts & Bolts
  Morningstar Report
Overall Morningstar
What is this?
As of 2022-05-31
Out of 731
Diversified Emerging Mkts Funds
Style Box™
What is this?
As of 2022-04-30
Total Fund Assets ($ Mil)
View Historical Morningstar Star Ratings and Definitions
  Investment Objective & Strategy  
The investment seeks capital appreciation.
Under normal market conditions, the Portfolio invests at least 80% of its net assets (plus borrowings for investment purposes) in the equity securities and equity-related instruments of issuers located in at least three countries with emerging securities markets. Countries with emerging markets include most countries in the world except Australia, Canada, Japan, New Zealand, the United Kingdom, the United States, and most of the countries of western Europe.
  Morningstar Category: Diversified Emerging Mkts
Diversified emerging-markets portfolios tend to divide their assets among 20 or more nations, although they tend to focus on the emerging markets of Asia and Latin America rather than on those of the Middle East, Africa, or Europe. These portfolios invest predominantly in emerging market equities, but some funds also invest in both equities and fixed income investments from emerging markets. 
  Investment Risks
Foreign Securities Funds/Emerging Market Funds: Risks include, but are not limited to, currency risk, political risk, and risk associated with varying accounting standards. Investing in emerging markets may accentuate these risks.
  Portfolio Profile
Asset Allocation
% of Net Assets
Bullet U.S. Stocks U.S. Stocks 2.2
Bullet Non-U.S. Stocks Non-U.S. Stocks 94.9
Bullet Bonds Bonds 0.0
Bullet Cash Cash 2.8
Bullet Other Other 0.0
Asset Allocation Rescaled Graph
Data through 2022-04-30
Morningstar Equity Sectors
% of Stocks
Cyclical 43.12
Basic Materials 3.22
Consumer Cyclical 13.40
Financial Services 25.95
Real Estate 0.55
Sensitive 42.93
Communication Services 7.31
Energy 2.57
Industrials 4.91
Technology 28.14
Defensive 13.96
Consumer Defensive 8.91
Healthcare 5.05
Utilities 0.00
Data through 2022-04-30
Morningstar World Regions
% Fund
Americas 10.9
North America 2.3
Latin America 8.6
Greater Europe 4.7
United Kingdom 1.1
Europe Developed 1.6
Europe Emerging 0.0
Africa/Middle East 2.0
Greater Asia 84.4
Japan 0.0
Australasia 0.0
Asia Developed 27.9
Asia Emerging 56.5
Data through 2022-04-30
Holding Status
Total Number of Stock Holdings 68
Total Number of Bond Holdings 1
% of Net Assets in Top 10 Holdings 38.13
Turnover % (as of 2021-12-31) 25.00
30 Day SEC Yield % ---
Top Holdings
Sector Country % of Net
Samsung Electronics Co Ltd South Korea 6.27
Taiwan Semiconductor Manufacturing Co Ltd Taiwan 4.86
Tencent Holdings Ltd China 4.48
Taiwan Semiconductor Manufacturing Co Ltd ADR Taiwan 3.90
HDFC Bank Ltd ADR India 3.82
Housing Development Finance Corp Ltd India 3.69
Tata Consultancy Services Ltd India 3.07
BlackRock Liquidity FedFund Instl --- United States 2.79
MercadoLibre Inc Brazil 2.72 Inc Ordinary Shares - Class A China 2.53
Data through 2022-04-30
  Principal Risks   
Lending, Credit and Counterparty, Extension, Prepayment (Call), Currency, Emerging Markets, Foreign Securities, Loss of Money, Not FDIC Insured, Country or Region, Capitalization, Value Investing, Issuer, Interest Rate, Market/Market Volatility, Convertible Securities, Equity Securities, High-Yield Securities, Mortgage-Backed and Asset-Backed Securities, Repurchase Agreements, Restricted/Illiquid Securities, Underlying Fund/Fund of Funds, U.S. Government Obligations, Derivatives, Socially Conscious, China Region, Financials Sector, Real Estate/REIT Sector
Show Risk Definitions
  Other Information
Inception Date: 2005-12-02
Portfolio Manager(s)
Leon Eidelman   (2013-04-30)
Leon Eidelman, managing director, is a portfolio manager within the Emerging Markets and Asia Pacific (EMAP) Equities team based in New York. An employee since 2002, Leon is a member of the group of global emerging markets portfolio managers responsible for the fundamental, bottom-up portfolios, including the GEM Discovery and GEM Focused strategies. He is lead manager of the GEM Discovery strategy and is a portfolio manager on the GEM Focused strategy. Leon holds a B.A. in Economics with a concentration in Finance from Cornell University and is a CFA Charterholder.
Amit Mehta   (2013-04-30)
Amit Mehta, executive director, is a portfolio manager responsible for Global Emerging Markets portfolios based in London. An employee since 2011, Amit previously worked at Prusik Investment Management (2009-2011) and Atlantis Investment Management (2007-2009) where he was an Asian equities Analyst and Portfolio Manager. Prior to this he was a Global Emerging Markets Analyst at Aviva Investors (2004-2007) and an Investment Consultant at Mercer Investment Consulting (2000-2004). Amit obtained a Bsc (Hons) in Mathematics from Kings College London. He is a holder of the CFA designation.
Austin Forey   (2005-04-29)
Austin Forey, managing director, is a Portfolio Manager for JPMorgan Asset Management within the Emerging Markets and Asia Pacific (EMAP) Equities team, based in London. An employee since 1988, Austin has fulfilled his role as a GEM portfolio manager since 1994. Prior to this he worked in the U.K. team, where he was deputy head of U.K. research. Before this, Austin worked as a research analyst covering engineering, and subsequently all financial sectors. Austin obtained a B.A. in Modern Languages from Cambridge University, and earned a Ph.D. in Modern Languages from Cambridge University.
Investment Advisor(s)
Voya Investments, LLC
J.P. Morgan Investment Management, Inc.
Show Data Definitions

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