The State Street Investment Management EM Strategy Calculator

Use the calculator to explore how changing the mix of active and indexed EM strategies may affect alpha, tracking error, and the overall superior risk-return profile.

Compare historical performance of State Street Investment Management Active EM Strategies with the MSCI EM Index. Discover how combining our EM Enhanced and EM Small Cap Active Strategies can help to diversify and potentially generate alpha more efficiently.

Enter investment start date

31/10/2007

Enter investment end date

30/6/2026

Define your strategy allocations

Your Chosen Strategy Mix
MSCI EM Index
Cumulative Alpha (Your Strategy - MSCI EM Index)

Your Chosen Strategy Mix

Return

Volatility

MSCI EM Index

Return

Volatility

Your Projected Outperformance

Alpha

Info. Ratio

Tracking-Error

Calculator Source: State Street Investment Management, MSCI, as of 30 June 2026. For the Chosen Strategy Mix, the information is based on historical performance of a portfolio mix using the MSCI EM Index (30%), the State Street Investment Management EM Enhanced Strategy (50%) and the State Street Investment Management EM Small Cap Equities Strategy (20%) over the period. Past performance is not a reliable indicator of future performance. For institutional / professional investors use only. Investing involves risk including the risk of loss of principal. Index returns are unmanaged and do not reflect the deduction of any fees or expenses. Index returns reflect all items of income, gain and loss and the reinvestment of dividends and other income as applicable. The 50%/30%/20% mix is simply a starting point for the client to change the mix to their chosen allocations. The returns above are gross of fees and gross of monthly rebalancing costs which do not reflect the deduction of advisory or other fees which could reduce the return.

Strategy Objectives

State Street EM Enhanced Strategy:

Alpha: 0.75 – 1.00% p.a.
Tracking Error: 0.50 – 1.75% p.a.

State Street EM Small Cap Active Strategy:

Alpha: 3.00% p.a.
Tracking Error: 3.00 – 6.00% p.a.

Outcomes for EM Active Strategies

Improve Your Risk/Return Profile Amid Rising Geopolitical Risks

EM Enhanced Strategy ¹ 5th Percentile

10-Year IR Rank

EM Enhanced Strategy ² 94.6%

Down Market Capture

EM Enhanced Strategy 15/19 Yrs

Years of Outperformance in Live Track Record

EM Small Cap Equities ³ 0.95

10 Year Information Ratio

EM Small Cap Equities Strategy 200%

Cumulative Excess Returns

EM Small Cap Equities Strategy 15/18 Yrs

Years of Outperformance in Live Track Record

Source: FactSet, State Street Investment Management, eVestment. As of 30 June 2026. Past performance is not a reliable indicator of future performance. The performance figures contained herein are provided on a gross of fees basis, before taxes but after management and transaction costs. The index returns are unmanaged and do not reﬂect the deduction of any fees or expenses. Volatility and performance statistics are those of the composite. The above targets are estimates based on certain assumptions and analysis made by State Street Investment Management. There is no guarantee that the estimates will be achieved.

Our Team

Please contact your Relationship Manager to learn more about our Active EM capabilities.

Our Team

Toby Warburton

Head of Active Portfolio Management

Read Full Bio

Our Latest Thinking

Footnotes

Disclosure

Marketing Communication
For institutional / professional investors use only.
State Street Global Advisors Worldwide Entities

Important risk information

Investing involves risk including the risk of loss of principal.

Equity securities may fluctuate in value in response to the activities of individual companies and general market and economic conditions.

Investing in foreign domiciled securities may involve risk of capital loss from unfavorable fluctuation in currency values, withholding taxes, from differences in generally accepted accounting principles or from economic or political instability in other nations. Investments in emerging or developing markets may be more volatile and less liquid than investing in developed markets and may involve exposure to economic structures that are generally less diverse and mature and to political systems which have less stability than those of more developed countries.

Diversification does not ensure a profit or guarantee against loss.

Investments in small-sized companies may involve greater risks than in those of larger, better known companies.
Companies with large market capitalizations go in and out of favor based on market and economic conditions. Larger companies tend to be less volatile than companies with smaller market capitalizations. In exchange for this potentially lower risk, the value of the security may not rise as much as companies with smaller market capitalizations.

This document provides summary information regarding the Strategy. This document should be read in conjunction with the Strategy's Disclosure Document, which is available from SSGA. The Strategy Disclosure Document contains important information about the Strategy, including a description of a number of risks.

The market values of growth stocks may be more volatile than other types of investments. The prices of growth stocks tend to reflect future expectations, and when those expectations change or are not met, share prices generally fall. The returns on “growth” securities may or may not move in tandem with the returns on other styles of investing or the overall stock market.

Actively managed funds do not seek to replicate the performance of a specified index.

The Strategies are actively managed and may underperform their benchmarks. An investment in a strategy is not appropriate for all investors and is not intendeind to be a complete investment program. Investing in a strategy involves risks, including the risk that investors may receive little or no return on the investment or that investors may lose part or even all of the investment.