New fact sheets equity funds
The Frontier 100 ETF and the Frontier index fell by 1.67% and 1.19% respectively during September, but the Global Frontier High Dividend fund moved against the market and went up by 1.96%.
A shift took place in the market from relatively more expensive markets to cheaper ones. In the Frontier universe, this meant that the market in Kuwait fell by 6%, while the markets in Pakistan (+ 11.56%) and Nigeria (+ 4.83%) showed a strong recovery.
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