Utilico Emerging Markets (Ordinary Share) UEM

Global Emerging Markets

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Estimated NAV (p)

204.00

Share Price (p)

192.75

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Utilico Emerging Markets (Ordinary Share) Price 30.45%
Utilico Emerging Markets (Ordinary Share) NAV 29.91%
MSCI EM (Emg Mkts) 12.23%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 192.3p -5.8% 204.00p 203.00p
01 Jul
102% 2.38%

Discrete performance % over

Fund / BenchmarkAug '12
Jul '13
Aug '13
Jul '14
Aug '14
Jul '15
Utilico Emerging Markets (Ordinary Share) Price8.6010.448.76
Utilico Emerging Markets (Ordinary Share) NAV13.197.436.84
MSCI EM (Emg Mkts)1.9116.88-5.78

Discrete performance over

Discrete Performance

Top 10 Holdings

Malaysia Airports Holdings 7.30%
MYEG 6.81%
China Gas Holdings Ltd. 6.33%
International Container Term 6.33%
APT Satellite Holdings, Ltd. 6.04%
Eastern Water Resources 5.26%
Ocean Wilsons 4.67%
Asia Satellite Telecom Holdings 3.50%
Gasco SA 2.92%
Transelectrica 2.24%

Sectors weighting

Gas Distribution 15.80%
Port Facility 15.20%
Electricity Cos 12.90%
Aerospace / Defence 12.30%
Airport Facility 10.50%
Water Companies 9.70%
Infrastructure 9.60%
Transport 5.80%
Miscellaneous 5.50%
Telecommunications 2.40%
Renewable Energy 0.30%

Regional weighting

Asia inc Japan 60.00%
European Emerging 15.00%
Latin America Region 13.00%
Other Countries 11.00%
Middle East Region 2.00%
Africa sub-Sahara 1.00%
  • Investment trust info:

  • Sector Global Emerging Markets
  • Launch Date 20 Jul 2005
  • Base Currency GBX
  • Domicile Bermuda
  • Share Price (p) 192.75
  • Share Type Ordinary Share
  • TIDM UEM
  • ISIN BMG931151069
  • Shares Issued (M) 213
  • Market Capital (£M) 409.96
  • Gross Assets (£M) 444.16
  • Net Assets (£M) 435.27
  • TER (%) 0.90
  • Historic Dividend Yield (%) 2.38
  • Last AGM 16 Sep 2014
  • Next AGM 22 Sep 2015
  • Last Annual Report Date 25 Jun 2014
  • Next due Report Date  
  • Next due Report Type I/R
  • Objective:

  • To provide long-term capital appreciation by investing predominantly in infrastructure, utility and related companies in emerging markets.
  • Management Group(s):

  • ICM Limited
  • Ingot Capital Management Pty Ltd
  • Managed by:

  • Charles Jillings Start: 01 Jun 2011
  • Duncan Saville Start: 01 Jun 2011
  • Management Contract & Fees:

    The Investment Manager is entitled to receive a quarterly management fee from the Company equivalent to 0.65% of Net Assets. The Investment Manager will also be entitled to reimbursement of travel and other expenses incurred by it in connection with its duties. The Investment Manager is also entitled to receive a performance fee which is calculated based on 15% of any out performance of Adjusted Equities Funds attributable to Shareholders in excess of a benchmark index. The hurdle to the calculation determining whether a performance fee is payable set at 8% and the maximum amount of a performance fee payable in respect of any financial year will be 1.85% of the average net assets of the Company and any performance fee in excess of this cap will be written off. No performance fee is payable if the Adjusted Equity Funds attributable to the Shareholders is less than that of the previous year. The Administrator is entitled to a fee of GBP 210,000 per annum plus certain expenses.