Utilico Emerging Markets Trust - Differentiated, undervalued cash-generative assets

686 Views16 Aug 2022 19:58
Issuer-paid
SUMMARY

Utilico Emerging Markets Trust (UEM) is managed by Charles Jillings at value-focused investment firm ICM Group. He says that the trust’s high- conviction, differentiated portfolio offers exposure to attractive long-term investment opportunities. More than 95% of the fund is invested in operational assets, and greater than 90% is held in listed securities. UEM’s portfolio companies have long-term assets and most of them have established regulatory frameworks. The manager stresses the importance of site visits and meeting with local employees to gain a deeper understanding of investee companies and the quality of their management teams. UEM’s dividend is more than fully covered by portfolio income and the trust offers an attractive 3.7% yield.

Begin exploring Smartkarma's AI-augmented investing intelligence platform with a complimentary Preview Pass to:
  • Unlock research summaries
  • Follow top, independent analysts
  • Receive personalised alerts
  • Access Analytics, Events and more

Join 55,000+ investors, including top global asset managers overseeing $13+ trillion.

Upgrade later to our paid plans for full-access.

or
Already have an account? Sign In Now
Discussions
(Paid Plans Only)
chart-bar
Logo
Edison Investment Research
Leading International Investment Research
Equities
Price Chart(Sign Up to Access)
analytics-chart
  • Loading...
x