Since the ongoing pandemic crisis set in, Evli Emerging Frontier Fund has sold a Pakistani textile manufacturer and a Thai beverage bottler serving the tourist region Phuket, and it has invested in a Malaysian medical glove manufacturer and a Turkish chemical producer.
Burton Flynn, Portfolio Manager of the fund writes that due to the positioning of the portfolio going into the crisis, and substantial contributions from the companies that were added in March, the fund has returned over 50 percent since, more than double that of the average emerging market.
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