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Utilico Emerging Markets Trust plc (UEM) Ordinary GBP 0.01

Sell:221.00p Buy:224.00p 0 Change: 2.50p (1.14%)
Market closed Prices as at close on 6 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:221.00p
Buy:224.00p
Change: 2.50p (1.14%)
Market closed Prices as at close on 6 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
Sell:221.00p
Buy:224.00p
Change: 2.50p (1.14%)
Market closed Prices as at close on 6 December 2019 Prices delayed by at least 15 minutes | Switch to live prices |
Ex-dividend
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Objective

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. May also invest in businesses which supply services to, or otherwise support, the infrastructure, utility and related sectors. Focuses on the under-developed and developing markets of Asia, Latin America, Emerging Europe and Africa but has the flexibility to invest in markets worldwide. Generally, seeks to invest in emerging market countries where the Directors believe that there are attributes such as political stability, economic development, an acceptable legal framework and an encouraging attitude to foreign investment.
Security Weight
International Container Terminal Services Inc 6.14%
CIA de Gas de Sao Paulo - COMGAS Participating Pre 4.29%
Alupar Investimento SA 3.96%
Ocean Wilsons Holdings Ltd 3.86%
China Resources Gas Group Ltd 3.65%
Energisa SA 3.57%
Rumo SA 3.10%
Engie Energia Chile SA 2.88%
Yuexiu Transport Infrastructure Ltd 2.76%
Companhia De Saneamento Basico Do Estado De Sao Pa 2.67%
Sector Weight
Utilities 26.53%
Industrials 25.01%
Communication Services 3.89%
Energy 1.78%
Country Weight
Brazil 23.86%
China 15.11%
Philippines 8.07%
Chile 4.64%
Romania 3.70%
India 1.84%

Fee Structure

Management fee 0.65% of NAV. Performance fee equal to 15% of the amount 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 is 1.85% of the average NAV of the Company.

Dividend Policy

The dividends have been declared and paid as four interim dividends in order to maintain quarterly payments (in September, December, March and June) as the Board and its Investment Managers believe, from discussions with shareholders, that the timely and regular payment of dividends is valued by the shareholders of the company.

ASSET SPLIT

Total number of holdings: 97.

Trust Manager

Charles Jillings

Manager Bio

Not currently available for this investment trust.

Board Of Directors

John RennocksChairman, Garth Milne, Eric Stobart, Susan Hansen, Anthony Muh

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Objective, holding data, trust manager and bio information, dividend policy, asset split and fee structure are provided by Morningstar.

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.