Utilico Emerging Markets (UEM)

Business description

Utilico Emerging Markets seeks long-term total return predominantly through investing in infrastructure, utility and related sectors, mainly in emerging markets. The manager follows a primarily bottom-up approach independent of index weightings. The company has an indefinite life subject to five yearly continuation votes. Performance fees are calculated by reference to the post-tax yield on FTSE Actuaries Govt. Securities UK Gilt 5-10 years plus inflation plus 2%, and company publications compare performance with the MSCI EM index.

Stock data

Market cap.£449.9m
Last close211.50p
High / Low (52 weeks)215.1p / 169.2p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Emerging markets — time for investors to look again?

Thu, 04 Aug 2016 04:01:15 GMT

2015 Investment Trust Awards: Best Global and Emerging Market Trusts

Wed, 13 May 2015 15:11:15 GMT

Rated Funds 2015: Global emerging market equities

Thu, 05 Mar 2015 16:48:51 GMT

Investment Trust Watch: 'cheap' emerging markets

Fri, 14 Aug 2015 10:53:05 GMT

In your late 50s or early 60s? Here's your perfect financial plan

Mon, 28 Mar 2016 08:21:23 GMT

Investment summary

Utilico Emerging Markets (UEM) aims to generate long-term total returns from a portfolio invested primarily in operational and cash generative companies in emerging markets infrastructure and utility sectors. UEM typically holds about 60 to 90 high-conviction positions and is broadly diversified by both sector and geography; the manager has a long-term investment approach and aims to generate a 15% pa total return from each holding. More than 95% of the portfolio is invested in well-established businesses with 75% comprising companies paying a dividend. UEM has increased or maintained its dividend every year since launch in 2005.

Last updated on 16/03/2017

Latest video

Executive Interview – Utilico Emerging Markets

Key management

John Rennocks , Chairman
Charles Jillings, Fund manager

Company address

P O Box 208
Epsom
Surrey
KT18 7YF
United Kingdom
+44 (0)1372 271486
View website