New fact sheets equity funds
The TCM Global Frontier High Dividend Equity Fund was able to add 6.50% in November, amply outperforming both the benchmark index (+1.41%) and the FM100 ETF (+0.83%). In the portfolio the positions in Vietnam and Thailand mainly contributed to the return.
Thailand's stock exchange, the SET index, rose a whopping 18.31% in November, aided by positive news that tourism in the country has gotten back on track. That this is important is evident from the figures of 2019 (Ministry of Tourism) when 40 million tourists visited the country and spent more than 60 billion dollars.
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