New fact sheets equity funds

After a period of outperformance in the first quarter, the TCM Global Frontier High Dividend Equity Fund was unable to keep up with the index over the past month. 

This was mainly because the market in Vietnam rose nearly 8% and the index has a weight of nearly 32% in the country. The country spread of the fund is more balanced than the index. The fund also has exposure to smaller emerging markets, such as Thailand, Pakistan, Egypt and Indonesia. In addition, markets in Asia were startled by a new wave of Covid-19 infections, which depressed stock market sentiment there. 

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