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September 2023 Update Utilico Emerging Markets

Jonathan Groocock, Deputy Portfolio Manager at Utilico Emerging Markets Investment Trust (UEM), provides an update for shareholders. UEM's Net Asset Value total return increased by 2.3% in September, ahead of the MSCI Emerging Markets index, which in sterling terms was only up 1%. This takes the fund's six month return to 6%, significantly outperforming the MSCI index, which was actually down over that period.

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