Since the start of the year, the TCM Africa High Dividend fund price has increased 8.27%, while the benchmark went up 7.58% over the same period, both measured in euro and based on total return.
GDP growth on the African continent is expected to accelerate from 3.5% in 2018 to 4% in 2019, making it the fastest growing region in the world after Asia, according to the African Development Bank.
More news about Vietnam, Africa and the Global Frontier fund can be found in the latest fact sheets of the equity funds:
TCM Global Frontier High Dividend Equity
TCM Vietnam High Dividend Equity
TCM Africa High Dividend Equity