Utilico Emerging Markets (Ordinary Share) UEM

Global Emerging Markets

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Estimated NAV

227.00

Share Price

207.50

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Utilico Emerging Markets (Ordinary Share) Price 31.60%
Utilico Emerging Markets (Ordinary Share) NAV 30.64%
MSCI EM (Emg Mkts) -1.93%
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 208.8 -8.1% 227.00 226.00
22 Sep
120% 3.11%

Discrete performance % over

Fund / BenchmarkOct '13
Sep '14
Oct '14
Sep '15
Oct '15
Sep '16
Utilico Emerging Markets (Ordinary Share) Price12.62-10.9631.24
Utilico Emerging Markets (Ordinary Share) NAV7.41-10.1935.43
MSCI EM (Emg Mkts)4.46-21.1719.10

Discrete performance over

Discrete Performance

Top 10 Holdings

Malaysia Airports Holdings 6.84%
China Gas Holdings Ltd. 6.14%
Eastern Water Resources 4.73%
Ocean Wilsons 4.33%
International Container Term 4.02%
Alupar Investimento SA 3.96%
APT Satellite Holdings, Ltd. 3.92%
MYEG 3.32%
Transelectrica 3.12%
Transgaz SA 2.91%

Sectors weighting

Electricity Cos 20.00%
Gas Distribution 19.40%
Port Facility 12.60%
Airport Facility 11.90%
Water Companies 9.20%
Aerospace / Defence 7.90%
Miscellaneous 6.10%
Infrastructure 5.50%
Transport 4.40%
Telecommunications 2.30%
Renewable Energy 0.70%

Regional weighting

Asia inc Japan 48.00%
European Emerging 17.00%
Latin America Region 17.00%
Other Countries 13.00%
Middle East Region 3.00%
Africa sub-Sahara 2.00%
Cash/Cash Equivalent 0.00%
  • Investment trust info:

  • Sector Global Emerging Markets
  • Launch Date 20 Jul 2005
  • Currency GBX
  • Domicile Bermuda
  • Share Price 207.50
  • Share Type Ordinary Share
  • TIDM UEM
  • ISIN BMG931151069
  • Shares Issued (M) 215
  • Market Capital (£M) 448.66
  • Gross Assets (£M) 604.98
  • Net Assets (£M) 505.60
  • TER (%) 1.14
  • Historic Dividend Yield (%) 3.11
  • Last AGM 20 Sep 2016
  • Next AGM 20 Sep 2017
  • Last Annual Report Date 24 Jun 2016
  • Next due Report Date 30 Sep 2016
  • Next due Report Type I/R
  • Objective:

  • The company's investment objective is to provide long-term total return through a flexible investment policy that permits it to make investments predominantly in infrastructure, utility and related sectors, mainly 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. In addition, the Investment Managers are entitled to a performance fee payable in respect of each financial period, equal to 15% of the amount of any outperformance in that period by equity funds attributable to shareholders of the higher of (i) the post-tax yield on the FTSE Actuaries Government Securities UK Gilt 5 to 10 years Index, plus inflation (on the RPIX basis), plus 2%; and (ii) 8%. The maximum amount of a performance fee payable in respect of any financial year is 1.85% of the average net assets of the Company and any performance fee in excess of this cap is 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 £ 220,000 per annum plus certain expenses.