Comgest Growth Emerging Markets GBP U Acc

Why we like the fund: This is a fairly concentrated fund investing in companies across emerging markets. Examples of emerging markets are China, India, Brazil and South Africa. The fund owns companies that the managers believe offer high quality characteristics such as an established brand, or a unique product or technology, that enables them to sustain higher-than-average margins over the long term. Comgest is skilled at finding such companies and investing in them within this fund. How to use the fund: Emerging market economies are growing at faster rates than more mature developed markets and this should enhance the opportunity. An emerging market equity fund should be a mainstay of most portfolios, but any allocation should reflect the slightly higher risk nature of the underlying investments and a long-term view (ten years or more) is needed. This approach to investing blends well with ‘value’ funds, which focus on companies with depressed share prices, expecting them to recover. An example of a value fund in this category is the Lazard Emerging Markets fund.