Jul
2018
MONTHLY COMMENT VIETNAM – JUNE 2018
THE FUND: The fund decreased 2.3%(SEK) in June compared to the benchmark index that increased 0.2% (SEK). Our natural underweights in Vingroup (VIC) and Vinamilk (VNM) were the key contributors…
Jul
2018
MONTHLY COMMENT SUSTAINABLE FRONTIER – JUNE 2018
THE FUND: During June, the fund dropped 0.6% while the fund’s benchmark MSCI FMxGCC Net TR (SEK) fell 4.0%. The lack of Argentinian holdings was the main reason for the…
Jul
2018
MONTHLY COMMENT PAKISTAN – JUNE 2018
THE FUND: During June, the Fund went down by 6.9%% as compared to the benchmark’s MSCI Pakistan Net (SEK) return of 5.9%. The equity market continued to experience uncertainty stemming…
Jul
2018
MONTHLY COMMENT FRONTIER AFRICA – JUNE 2018
THE FUND: The fund rose 1.4% in June, slightly below the benchmark, MSCI EFM Africa ex South Africa Net Total Return Index which rose 2.3%. On a country level, our…
Jun
2018
Activate & Connect for the Sustainable Development Goals
With the ambition to extend our collaborative efforts and strengthen connections with academia, Tundra hosted a Breakfast event based on the Sustainable Development Goals (SDGs) on June 13th. The event…
Jun
2018
UPCOMING HOLIDAYS IN OUR FUNDS
Tundra Frontier Africa, Tundra Sustainable Frontier Fund and Tundra Pakistan Fund are closed for trading on June 15th and June 18th due to local holidays. All of our funds will…
Jun
2018
MONTHLY COMMENT VIETNAM – MAY 2018
THE FUND: The fund declined 8.1% Net (SEK) in May compared to the benchmark index which retreated 6.9% Net (SEK). Vietnam’s market experienced a strong correction during May, which started…
Jun
2018
MONTHLY COMMENT SUSTAINABLE FRONTIER – MAY 2018
THE FUND: The fund fell 7.2% during the month compared with the fund’s benchmark MSCI FMxGCC Net TR (SEK), which fell 10.3%. The lack of holdings in Argentina yielded a…
Jun
2018
MONTHLY COMMENT PAKISTAN – MAY 2018
THE FUND: During the month, the fund went down by 7.8% as compared with MSCI Pakistan Net TR (SEK), which fell 8.3%. The Index corrected sharply owing to pre-election volatility…
Jun
2018
MONTHLY COMMENT FRONTIER AFRICA – MAY 2018
THE FUND: The fund retreated 6.2% in May, in line with the benchmark, MSCI EFM Africa ex South Africa Net Total Return Index which ended the month 6.1% lower. At…