Put company on watchlist
Edison Investment Research Limited
ISIN: GB00BD45S967
WKN: A2LQ0M
About
Company Snapshot
New: Activate notification
Be informed about new publications
New: AI Factsheet

Coming soon: Summary of the company message by AI/p>

Edison Investment Research Limited · ISIN: GB00BD45S967 · Newswire (Company)
Country: Großbritannien · Primary market: United Kingdom · EQS NID: 1877665
10 April 2024 13:16PM

Quality of UEM’s assets is underappreciated


Edison Investment Research Limited
Edison issues review on Utilico Emerging Markets Trust (UEM): Quality of UEM’s assets is underappreciated

10-Apr-2024 / 12:16 GMT/BST
The issuer is solely responsible for the content of this announcement.


 

London, UK, 10 April 2024

 

Edison issues review on Utilico Emerging Markets Trust (UEM): Quality of UEM’s assets is underappreciated

Utilico Emerging Markets Trust’s (UEM’s) manager Charles Jillings, at specialist investor ICM, is very excited about the prospects for the trust’s investee companies. He believes that investors underappreciate the quality of these businesses and the teams that manage them. Jillings travels extensively, along with deputy portfolio managers Jacqueline Broers and Jonathan Groocock, meeting with current portfolio and other firms and relevant organisations in emerging markets. They report first hand that companies in the fund are performing very well, with robust top-line growth and cost reductions leading to higher margins. Because of the nature of UEM’s holdings in infrastructure and utility assets, the fund has a consistently low beta. Successful stock selection has led to the trust’s NAV outperformance versus the MSCI Emerging Markets Index over the last one, three, five and 10 years – most notably over the last three years. Since inception in 2005, UEM’s NAV total return compounded at 9.5% per year.

Jillings believes that the trust’s portfolio is undervalued given that investee companies are generating sector-leading performances. More than 80% of investee companies pay a dividend. In an environment of wider-than-average industry discounts, now could be a good time to consider a high-quality, asset-backed portfolio with an attractive 3.8% covered yield.  

Click here to view the full report.

All reports published by Edison are available to download free of charge from its website

www.edisongroup.com

About Edison: As a content-led investor-relations business, Edison helps companies stand out and meet the right shareholders. Edison’s integrated investor relations solution combines expert analyst content, digital targeting and active investor engagement. This drives liquidity and valuations by building bigger, better informed and more engaged investor audiences globally.

Edison has a proven history of increasing liquidity and valuations for its clients. Edison’s content can be viewed by all investors, anywhere in the world.

Edison is authorised and regulated by the Financial Conduct Authority.

Edison is not an adviser or broker-dealer and does not provide investment advice. Edison’s reports are not solicitations to buy or sell any securities.

For more information, please contact Edison:

Mel Jenner +44 (0)20 3077 5700 investmenttrusts@edisongroup.com

Learn more at www.edisongroup.com and connect with Edison on: 

LinkedIn https://www.linkedin.com/company/edison-group-/

Twitter  www.twitter.com/Edison_Inv_Res

YouTube http://www.youtube.com/edisonitv



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

1877665  10-Apr-2024 

fncls.ssp?fn=show_t_gif&application_id=1877665&application_name=news&site_id=boersengefluester~~~ace3d64b-2049-452a-8d18-fbc8044c4b5f
smart.AD

Trading Solutions for Professionals

  • 25 kinds of clusters
  • 26 world exchanges
  • 14 different charts
  • 58 necessary for analysis indicators
  • 50+ customized templates for charts


Get your free Demo today

Member of 3R/RSQ Network
Digital Content
Network Alliance
Transparency - Reliability - Credibility
Information regarding Product Information
Wednesday, 27.11.2024, Calendar Week 48, 332nd day of the year, 34 days remaining until EoY.