Jon Groocock, Deputy Portfolio Manager at Utilico Emerging MarketsTrust, explains how the fund has consistently beat the market by making investments in utilities across the emerging markets.
The Utility sector covers all the household services you would expect; water, sewage, gas, electricity connection and all the players in the value chain from transmission to generation.
Jon explains the intrinsic characteristics that make the utilities so attractive to investors and how the Energy Transition Megatrend across the emerging markets will deliver significant share price drivers for these companies.
About Jon
Jon was a Telecoms equity analyst for several years before joining UEM 12 years ago and EM utilities is now his area of investment expertise.
About the Utilico Investment Trust
UEM is a London Stock Exchange-listed Investment Trust investing principally in listed companies in emerging markets in the infrastructure space - utilities, transport and digital.
Utilico has identified four Emerging Market megatrends which will underpin growth in the coming years:
- Global trade - where the dynamics are constantly evolving
- Digitalisation - greater use of technology
- Social infrastructure growth
- Energy transition to renewables
The Utilico Emerging Markets Trust has delivered an annualised total return of 9.3% over 17 years, and currently pays a 3.8% dividend yield.
