Ashoka WhiteOak Trust Outperforms in Emerging Markets

Ashoka Whiteoak Emerging Markets Trust Plc (GB:AWEM) has released an update.

Ashoka WhiteOak Emerging Markets Trust Plc reported a 0.97% increase in its NAV for October 2024, outperforming its benchmark by 1.28%. Key contributors to this success were KRN Heat Exchanger with a remarkable 111.8% gain and MediaTek with a 13.1% rise, while Alibaba Group and Samsung Electronics were among the detractors. The investment trust focuses on capturing high alpha potential in under-researched emerging markets, driven by its analytical approach and no fixed management fee.

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