New fact sheets equity funds

Since the start of the year the Frontier Markets Index (-3.98%) has fallen less sharply than the Emerging Markets Index (-7.8%) and the World Index (-7.05%). The fund declined by 4.82% over the same period. The lower correlation as well as the diversity in the Frontier Markets plays a role here. 

A positive outlier is, for example, Ghana; where the stock market gained more than 5% this year. With an economic growth of 8.1% in 2017, 6.8% in 2018 and an expected growth of 7% for 2019, Ghana is one of the fastest growing economies in the world.

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