C WorldWide Emerging Markets KL is an open-ended equity fund of funds, initially launched by Carnegie Kapitalforvaltning AS. Its management responsibilities are overseen by C WorldWide Asset Management Fondsmaeglerselskab A/S. The fund's investment strategy involves allocating capital to various underlying investment vehicles that, in turn, target the public stock markets of developing Eastern European nations, focusing on companies across a diverse array of sectors. To measure its effectiveness, the fund's returns are benchmarked against the MSCI Eastern Europe Index. This Danish-domiciled fund commenced operations on November 7, 1996.