- About Us
The Frontier Markets Closed-End Fund (CEF) Strategy seeks to provide long-term capital growth via stock selection and active country allocation. We believe that funds offer an efficient way to invest in Frontier markets. We specialize in identifying and capitalizing on discount movements and pricing anomalies to provide above average, long-term outperformance versus the appropriate benchmark while maintaining a lower level of volatility than the benchmark.
Returns are shown net of fees. Past performance is no guarantee of future results. Periods over one year are annualized.
*Composite Description: The Frontier Markets Composite was created in July 2005, and is an international equity composite focused on frontier countries, managed by City of London Investment Management. The strategy strives to outperform the S&P Extended Frontier 150 Net Total Return Index with controlled risk. It utilizes fundamental investment principles and quantitative approaches to provide broad frontier market equity exposure. It uses both top-down and bottom-up valuation methodologies to value asset classes, countries, sectors, securities and both closed-end and open-end funds to determine investment opportunities. The strategy has a value and growth approach to investment. The composite is managed to the S&P Extended Frontier 150 Net Total Return Index. As of June 2013, City of London switched to the net total return series of the S&P Extended Frontier 150 Index (from the gross total return series). Net total return indices reinvest dividends after the deduction of withholding taxes and provide a better comparison with the performance of the Composite.
**Index Description: The S&P Extended Frontier 150 Index consists of 150 of the largest and most liquid stocks from frontier markets. The index is designed to be a diversified, yet investable portfolio of frontier market stocks. As of 31 December 2020, the S&P Extended Frontier 150 Index includes 36 markets.
Source: City of London Investment Management
City of London Investment Management Company Limited is authorised and regulated for the conduct of investment business within the UK by the Financial Conduct Authority, registered as an Investment Advisor with the United States Securities and Exchange Commission (SEC) and regulated by the Dubai Financial Services Authority (DFSA).
CLIM claims compliance with the Global Investment Performance Standards (GIPS®)
To receive a complete list and description of CLIM composites and/or a presentation that adheres to the GIPS standards contact us.
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City of London Investment Management Company Limited (“CLIM”) is authorised and regulated for the conduct of investment business within the UK by the Financial Conduct Authority (FCA), registered as an Investment Advisor with the United States Securities and Exchange Commission (SEC) and regulated by the Dubai Financial Services Authority (DFSA). Registered in England and Wales No. 2851236. Registered Office: 77 Gracechurch Street, London, EC3V 0AS, England.
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