Manager Comment May 2017

The AFC Asia Frontier Fund (AAFF) USD A-shares gained +0.9% in May 2017. The fund underperformed the MSCI Frontier Markets Asia Net Total Return USD Index (+1.1%), the MSCI Frontier Markets Net Total Return USD Index (+4.3%), and the MSCI World Net Total Return USD...

Manager Comment April 2017

Asia Frontier Fund USD A-shares gained +2.3% in April 2017. The fund outperformed the MSCI Frontier Markets Asia Net Total Return USD Index (+1.3%), the MSCI Frontier Markets Net Total Return USD Index (+1.2%), and the MSCI World Net Total Return USD Index, which was...

Fund Manager Comment – March 2017

The Asia Frontier Fund USD A-shares gained +0.1% in March 2017. The fund under performed the MSCI Frontier Markets Asia Index (+0.4%) the MSCI World Index (+0.8%) and the MSCI Frontier Markets Index which was up +1.3%. The USD A shares achieved a NAV of USD 1,740.18....

Fund Manager Comment – December 2016

The AFC Asia Frontier Fund (AAFF) USD A-shares gained +3.7% in December 2016. The fund outperformed the MSCI Frontier Markets Index (+2.7%) and the MSCI World Index (+2.3%) but underperformed the MSCI Frontier Markets Asia Index which was up +4.5%. The USD A shares...