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Associated equity: Utilico Emerging Markets Trust
Utilico Emerging Markets Trust’s investment objective is to provide long-term total returns by investing predominantly in infrastructure, utility and related equities, mainly in emerging markets.
Utilico Emerging Markets Trust — 3 videos in collection
Edison’s investment companies team recently published a review on Utilico Emerging Markets Trust (ticker: UEM). The trust’s managers, Charles Jillings and Jacqueline Broers, report that UEM’s utility and infrastructure investments are performing well, and believe that they are relatively well positioned in the current uncertain macroeconomic environment given their high-quality, cash generative assets. Many portfolio companies have a domestic or regional focus and so should be relatively insulated from US tariffs. The outlook for emerging markets remains encouraging, with above-average growth prospects and attractive valuations. UEM has a long-term record of outperformance versus the MSCI Emerging Markets Index and a growing dividend that is fully covered by income, which offer the scope for a much lower discount when market conditions stabilise.
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