EM indexes may inadvertently include constituents that are subject to U.S. sanctions, involved in espionage, or linked to human rights abuses. By employing a rigorous National Security Governance (NSG) process built upon the U.S. Intelligence Cycle, the fund filters out companies that pose strategic threats or cybersecurity risks. By tracking the Alerian National Security Emerging Markets Index rather than the MSCI index, NSI screens out bad actors that endanger national security interests. Key Takeaways: B ...