MOBIUS INVESTMENT TRUST: An emerging market fund like no other
It has been a tricky debut for Mobius Investment Trust since its launch on the London Stock Exchange two years ago.
The £100million fund, investing in under-researched and little known emerging market companies, has had to cope with a difficult stock market backdrop – with its share price falling back more than 20 per cent in March this year as the coronavirus pandemic panicked markets worldwide.
Although the shares have since bounced back strongly – 47 per cent over the past six months – they are trading at around their £1 launch price. Yet manager Carlos Hardenberg is convinced the trust, with its focus on small technology firms, healthcare stocks and companies specialising…
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