skip to content

Annual Results

Advance Frontier Markets beats index

18 September 2015 07:42

Advance Frontier Markets Fund's net asset value per share fell by 11.2% and its share price declined by 10.9% in the year to the end of June.

The MSCI Frontier Markets Net Total Return Index declined by 13.9% over the period.

The discount to NAV at which the company's shares trade ended the period at 6.3%, narrowing slightly from 6.6% a year earlier, despite the challenging environment for frontier markets,

Chairman Grant Wilson said: "2016 will be an important year for the Company as shareholders will be afforded an opportunity to fully realise their investment at the prevailing net asset value less costs by way of proposals to be put to shareholders at the time of the Company's Annual General Meeting due to be held in late 2016. We propose to undertake a broad shareholder consultation exercise well in advance of this to garner feedback on this issue."

Story provided by StockMarketWire.com

Related Company: AFMF

Info Point:

To buy or sell shares call our Dealing Room on 0113 243 6941.

Too much jargon? Our glossary will help make sense of things.

Find out more about our Share Dealing Services.

Client Area Access

» Secure Login

» Not registered yet?

aew-banner-180x255.jpg

Branch Finder

Redmayne-Bentley have High Street branches throughout the UK. Find your nearest branch.