Utilico Emerging Markets Trust

Our Annual General Meeting (AGM) was held yesterday, and we wish to thank our shareholders who joined us. The AGM provided an opportunity to hear from UEM’s Board and Executive Team with our Chairman John Rennocks, and Fund Manager Charles Jillings, who gave a presentation on the fund covering its performance, portfolio and outlook. Thank you to our valued shareholders for their participation and support. Since John Rennocks announced earlier this year that he will retire as Chairman of UEM on 31 December 2024, this was his final AGM. At the start of his presentation, Charles Jillings said “I would like to thank John for his leadership and guidance since his appointment as Chairman in 2016. He leaves the Company in a strong position.” You can read the result of voting at the AGM here: https://lnkd.in/gCyzXcpr #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

We have published our August Factsheet, which shows UEM’s NAV total return was marginally up in August, a slightly better performance than the MSCI Emerging Markets total return Index which was down by 0.6% in Sterling terms in the month. August started with a sharp sell-off in many markets, triggered by the first rise in Japanese interest rates for 17 years and fears over the US going into recession, after weak employment numbers at the end of July. Economic indicators released during August were more mixed and most markets not only recovered the losses in the early days of August but ended up positive for the month as a whole. It is now consensus that the first long-awaited rate cut by the Federal Reserve will be announced at its September meeting. For UK based investors, the 2.3% gain in Sterling against the US Dollar during the month was a headwind for Sterling valuations of many international assets. The information in this factsheet should not be considered an offer, or solicitation, to deal in Utilico Emerging Markets Trust plc. The information is provided on a general basis for information purposes only, and is not to be relied on as investment, legal, tax or other advice as it does not take into account the investment objectives, financial situation or particular needs of any specific investors. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

Please join us next week for our AGM, which provides our shareholders an opportunity to hear from UEM’s Board and Executive Team, with our Chairman John Rennocks and Fund Manager Charles Jillings sharing details of our performance, portfolio and outlook. Our #AGM will be held at The Royal Society of Chemistry, Burlington House, Piccadilly, London W1J 0BA on Tuesday, 17th September 2024 at 10.00 a.m.   If you hold UEM shares through a platform, please contact your platform for the steps to take to enable you to attend and vote at the AGM. Otherwise if you would like to attend as a guest, please email contact@icm.limited by Sunday 15th September. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

2024 was always going to be a year of #elections, with almost half of the world’s population going to the ballot box. One thing that is very clear, is that voters are going to the polls at a time when geopolitical and economic tensions are mounting, making predictability over electoral outcomes much harder. UEM's investment strategy of predominantly investing in infrastructure and utility assets, typically backed by sound underlying long-term concessions or monopolistic positions, means that the portfolio should continue to perform well despite the increased electoral uncertainty. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

We are pleased to announce we have entered into a £50m multi-currency revolving credit facility agreement with Barclays Bank PLC on a secured basis. Find out more details here: https://lnkd.in/gDfUGF-e #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

We are pleased to share we have been announced as a finalist for the 2024 Investment Week 'Investment Company of the Year Awards - Emerging Markets' https://lnkd.in/gj2Msrmx #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

We are pleased to share we have been announced as a finalist for the 2024 Investment Week 'Investment Company of the Year Awards - Emerging Markets' https://lnkd.in/gj2Msrmx #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

Hear from our Deputy Portfolio Manager, Jacqueline Broers, as she provides a market overview and a portfolio update on UEM's performance for July 2024. #investmenttrusts #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

We have published our July Factsheet, which shows UEM’s NAV total return down 1.2% in July, performing in line with the MSCI Emerging Markets total return Index which was also down 1.2% in Sterling terms in the month. Global markets in July remained mixed, with pressure increasing on the US Federal Reserve to cut interest rates in September on the back of softer inflationary and labour market data. Headline inflation in the US fell to 3.0% YoY, the second consecutive month of being lower than expected and the US unemployment rate rose to 4.1% indicating a slowing labour market. The attempted assassination of Donald Trump, and the withdrawal of President Biden from the US presidential race, leading to the endorsement of his vice president Kamila Harris, added to the market volatility. In July the S&P Index was up by 1.1% whilst the Nasdaq Composite Index struggled being down by 0.75%, affected by concerns around whether big tech stocks can deliver on their heavy AI investments, and the US Dollar weakened depreciating 1.6% against Sterling. The information in this factsheet should not be considered an offer, or solicitation, to deal in Utilico Emerging Markets Trust plc. The information is provided on a general basis for information purposes only, and is not to be relied on as investment, legal, tax or other advice as it does not take into account the investment objectives, financial situation or particular needs of any specific investors. #investmenttrusts #utilities #infrastructure #emergingmarkets #globaltrade #socialinfrastructure #energytransition #digitalinfrastructure The Association of Investment Companies (AIC)

Watch our interview featuring Michael Rouse, InPost's International CEO by our Deputy Portfolio Manager, Jacqueline Broers, where they discuss InPost's opportunities and why UEM in an investor: https://lnkd.in/guUeQYeH InPost is Europe’s biggest operator of automated parcel machines (APMs) and one of the fastest growing e-commerce logistics infrastructure players. Founded in Poland in 2000, InPost went public on Euronext Amsterdam in 2021. #investmentfunds #emergingmarkets #infrastructure #utilities #socialinfrastructure #digitalinfrastructure #globaltrade #energytransition The Association of Investment Companies (AIC)