City & Finance Reporter for the Daily Mail

WHAT DOES IT DO? The fund seeks out companies with potential to boom in some of the world’s fastest-growing economies, such as China, Mexico, Taiwan and India.

However, it also invests in firms in developed countries such as the UK and US that do business in emerging markets.

WHAT DOES THE MANAGER INVEST IN? In a wide variety of companies in sectors such as financial services, telecommunications, energy, healthcare, manufacturing and IT.

Picks includes South Korean electronics giant Samsung, Brazilian bank Itau Unibanco and Chinese technology giants Alibaba and Tencent.

WHAT DO THE EXPERTS SAY? The long-term performance of the trust has been strong. Over the past ten years a £10,000 investment has grown in value to £22,783.

Richard Troue, of stockbroker Hargreaves Lansdown, says: ‘Part of this trust’s appeal lies in the fact it combines household names alongside lesser-known small and medium-sized emerging-market companies.’

ARE THERE ANY DOWNSIDES? Former managers Mark Mobius and Carlos Hardenberg stepped down recently, which may worry investors. 

However, replacement Chetan Sehgal knows the trust well, having worked with Mobius and Hardenberg for the past two years, and has 22 years’ experience investing in emerging markets.



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