Asian Markets trended higher in August, with the Hang Seng Index +2.4%, MSCI Asia ex-Japan Index +1.0%, FTSE ASEAN +-0.2%, Thai SET Index +2.9%. Mekong Fund slipped -0.3% Asian markets and currencies gained ground, as indications of Fed funds tightening lessened,...
The Vietnam Fund returned +1.9% in July with a NAV of USD 1,904.24, a new all-time high, bringing the net return since inception to +90.4%. This represents an annualized return of +19.6% p.a. The July performance of the Ho Chi Minh City VN Index in USD was +0.9% while...
Asia Frontier Fund USD A-shares were flat in July 2017. The fund outperformed the MSCI Frontier Markets Asia Net Total Return USD Index (−0.6%) but underperformed the MSCI Frontier Markets Net Total Return USD Index (+2.1%) and the MSCI World Net Total Return USD...
The FMG group has a healthy growth and we recently celebrated our 25th anniversary. In growing and developing our offerings, we are currently streamlining the number of funds and share classes offered. Following the receipt of a material redemption, we took a...
The Russian Federation First Mercantile Fund lost 10.9% in the 2nd Quarter of 2017 After significant performance in 2016 the Russian market experienced a correction in the first half of the year due to geopolitical instability, falling oil prices and a possibility of...
