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  • The Baltics

    • Fastest growing countries in the EU for the past three years
    • Business friendly; robust legal and regulatory environment
    • Highly-educated, technologically skilled workforce
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  • India

    • World largest democracy
    • World’s largest—and fastest growing—middle class
    • 4th strongest nation in purchasing power globally
    • Forecasted GDP growth: 25% (2013-2017)
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DMS Funds seeks to provide investors with access to the investment opportunities of developing markets through mutual funds based on established stock exchange and sector indexes.


"We applaud DMS Funds for being the first company to launch a mutual fund in the U.S. based on the OMX  Baltic Benchmark." Robert Hughes
Vice President,
NASDAQ OMX Global Indexes

Emerging Markets

Considered the growth engines of the global economy

Emerging markets are nations experiencing rapid industrialization and economic growth... Read More

Frontier Markets

Viewed by many as the next generation of global economic growth
Frontier, or pre-emerging, markets is the term used to describe those countries with investable stock markets, but with lower... Read More

Index Funds

Widely considered the most efficient means of accessing the world’s investment opportunities
Accessing the global economy’s wealth of investment opportunities is extremely difficult. Index funds provide investors... Read More

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Emerging Markets: How will Nigeria become Africa's first trillion dollar economy?

Nigeria’s Central Bank Chairman Godwin Emefiele is quoted in an article in the Financial Times as saying that the new incoming government “should consider selling down its majority stakes in joint ventures with multinational oil companies to shore up state finances and raise funding for infrastructure development.”

Such a sale could bring in approximately $75 billion, much needed in this cash-strapped economy. Now that the price of oil has collapsed, Nigeria needs to find the revenue to pay for badly needed infrastructure projects. According to the US Department of Agriculture, Nigeria is poised to become Africa’s first trillion dollar economy by 2030; however, in order to achieve that goal the government needs to find alternate sources of revenue. There is talk of the new government looking to raise revenue from other sources.

The proposed changes include creating an electronic nationally integrated database of all taxpayers, replacing income tax with value added tax (VAT) in the non-oil sectors to improve tax compliance, and raising the VAT rate from 5% closer to the 15-18% rate charged by neighboring West African states. Realization of these proposals will require a lot of work – investing in human capital and putting in place the needed infrastructure – but the tax revenues would go a long way toward providing economic stability through redistribution, investment in government institutions and fortifying national security,” according to an article in Forbes.

Currently the only Nigeria focused ETF available is the Global X MSCI Nigeria ETF (NGE) up 18.19% in the last 3 months.

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There is no guarantee that any investment will achieve its objectives, generate positive returns or avoid losses.

Investors should carefully consider the investment objectives, risks, charges and expenses of the DMS family of funds. This and other important information about the Funds is contained in the prospectus, which can be obtained at or by calling 855-367-4900. The prospectus should be read carefully before investing. The DMS family of funds are distributed by Arbor Court Capitol, LLC., member FINRA.

DMS Advisors, Inc., is not affiliated with Arbor Court Capitol, LLC.

Investments in Mutual Funds involve risk including possible loss of principal.

The Fund may invest in developing markets, composed of companies that are typically smaller and younger and therefore more volatile and riskier than established markets. Investment in developing markets could result in loss of principal. Single country (India), developing market risks involve the chance that world events, such as political upheaval, financial troubles, or natural disasters, will adversely affect the value of the securities issued by companies in individual foreign countries or regions.

Investing in mid or small cap companies can be considered riskier than investing in large cap companies. In addition, the size of companies comprising the Index, although midcap by India standards, would be considered small cap in the U.S. Currency risk involves the chance that the value of a foreign investment, measured in U.S. Dollars, will decrease due to unfavorable change in currency exchange rates.

Non-diversified fund status. Under the United States Investment Company Act of 1940 (the “1940 Act”), the Fund has elected to be classified as a “non-diversified” fund. Generally speaking, a diversified investment portfolio (spread among many investments with no substantial concentration in any one investment) is not as risky as a non-diversified portfolio.

Under SEC rules, the Fund is non-diversified and invests more than 5% of its total assets in one stock. Furthermore, the Fund invests in a single industry, the banking industry, and seek to replicate the India Bank Index. The concentration of a non diversified portfolio, investing only in banking stock, generally carries more volatility and risk than a diversified fund.