Sit Developing is trading at 17.80 as of the 24th of November 2024; that is 0.06 percent increase since the beginning of the trading day. The fund's open price was 17.79. Sit Developing has about a 22 % chance of experiencing some form of financial distress in the next two years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Sit Developing Markets are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 5th of December 2022 and ending today, the 24th of November 2024. Click here to learn more.
The fund normally invests at least 80 percent of its net assets in common stocks of companies domiciled or operating in a developing market. It invests in small, medium and large sized companies. The fund may invest in securities representing underlying international securities such as sponsored American Depository Receipts, European Depository Receipts and Global Depository Receipts.. More on Sit Developing Markets
Sit Developing Markets [SDMGX] is traded in USA and was established 24th of November 2024. Sit Developing is listed under Sit category by Fama And French industry classification. The fund is listed under Diversified Emerging Mkts category and is part of Sit family. This fund at this time has accumulated 10.1 M in assets with minimum initial investment of 5 K. Sit Developing Markets is currently producing year-to-date (YTD) return of 11.15% with the current yeild of 0.01%, while the total return for the last 3 years was -2.15%.
Check Sit Developing Probability Of Bankruptcy
Instrument Allocation
Sector Allocation
Investors will always prefer to have their portfolios divercified against different sectors. The broad sector allocation increases the possibility of making a profit or at least avoiding a loss. However, this may also reduce the expected return on SIT Mutual Fund. Generally, it depends on diversification level and type but usually, the broader the sector allocation, the less risk can be expected from holding SIT Mutual Fund, and the less return is expected.
Institutional investors that are interested in enforcing a sector tilt in their portfolio can use exchange-traded funds, such as Sit Developing Markets Mutual Fund, as a low-cost alternative to building a custom portfolio. So, using sector ETFs to diversify your portfolio can be a profitable strategy. However, no matter what sectors are desirable at a given time, no single industry should ever make up more than 20 percent of your stock portfolio.
Top Sit Developing Markets Mutual Fund Constituents
Sit Developing financial ratios help investors to determine whether SIT Mutual Fund is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in SIT with respect to the benefits of owning Sit Developing security.