New fact sheets equity funds

Since the start of the year the price of the Global Frontier fund increased by 6.26% whereas the index rose by 18.0% over the same period, both measured in euro and based on total return. 

The rally in the index can mainly be explained by the strong performance of Kuwait (+32%).

In the past month frontier markets remained largely insulated from the tensions regarding the trade war between the US and China. For instance in Sri Lanka, where the market index rose by more than 13%, due to the largest foreign inflow in seven years. Investors are optimistic with regards to the presidential elections which will take place at the end of December.

More news about Vietnam, Africa and the Global Frontier fund can be found in the latest fact sheets of the equity funds:

TCM Global Frontier High Dividend Equity

TCM Vietnam High Dividend Equity

TCM Africa High Dividend Equity