Emerging Markets funds and investment trusts.

alexanderalexander

My gut feeling is that investment trusts are better than unit trusts for emerging markets, although some unit trusts have done very well in the past.

Genesis Emerging Markets IT is, by one calculation at least, the most reliably good performer amongst emerging markets IT: http://www.investmentweek.co.uk/investment-week/news/2266855/the-20-best-performing-investment-trusts-of-the-last-decade
Its shares all seem to be Participating Preference Shares, which seems slightly odd to me but I expect a greater expert than I could explain why.

Otherwise, Templeton Emerging Markets and JPMorgan Emerging Markets are the two big general emerging markets ITs and have a fairly similar past performance -- or Utilico Emerging Markets for something more defensive with a bit more income. Citywire has a full list: http://citywire.co.uk/money/investment-trusts/best-investment-trusts-by-sector.aspx?CitywireClassID=13

Glen_Clark

I hold both but prefer JP Morgan over Templeton because the discount is higher and the charges are lower;
http://markets.ft.com/research/Markets/Tearsheets/Summary?s=jmg:LSE
http://markets.ft.com/research/Markets/Tearsheets/Summary?s=TEM:LSE
Of course the quality of the management is important too, but that is much harder to assess.

ffacoffipawb

Glen_Clark wrote: »

I hold both but prefer JP Morgan over Templeton because the discount is higher and the charges are lower;
http://markets.ft.com/research/Markets/Tearsheets/Summary?s=jmg:LSE
http://markets.ft.com/research/Markets/Tearsheets/Summary?s=TEM:LSE
Of course the quality of the management is important too, but that is much harder to assess.

JEMI looks interesting with a 5% yield.
http://markets.ft.com/research/Markets/Tearsheets/Summary?s=jemi:LSE