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Genesis Emerging Markets Fund

LN: GSS

£886.7m market cap

730p last close

Launched in July 1989, GSS was one of the first emerging markets funds in the UK. The company seeks long-term capital appreciation through investment in companies operating in emerging and frontier markets, or listed on the stock markets of such countries. This may include companies that have a significant amount of their revenues in emerging markets, but which are listed on stock exchanges in developed countries. Performance is benchmarked against the MSCI Emerging Markets Index.

Investment summary

Launched in 1989, Genesis Emerging Markets Fund (GSS) is one of the first UK-listed funds focused on investing in equities in emerging and developing countries. Its primary objective is to deliver long-term capital growth through a bottom-up approach to investing in high-quality companies with sustainable earnings growth. GSS has a solid performance track record, and has outperformed its benchmark over one, three, five and 10 years to end-February. Emerging markets equities have suffered a significant setback in response to the COVID-19 pandemic and the fund’s discount to NAV is wider than average, which may present an opportunity for long-term investors.

Share price graph
Price performance
%
1m
3m
12m
Actual 6.6 21.7 (4.8)
Relative* 6.3 5.7 13.7
52-week high/low 818.0p/555.0p
*% relative to local index
Key management
Nick Archer Client Relationships

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