5th Aug 2022 11:19
Fundsmith Emerging Equities Trust PLC - invests in consumer-oriented companies in developing countries - At June 30, basic net assets value per share is 1,263.70 pence. This is down 16% from 1,512.90p at December 31 and down 15% from 1,487.0p at June 30, 2021.
Total NAV return over the six months to June 30 is negative 16.5%, a year prior the return was positive 2.0%. Over the same six-month period to June 30, the company's principal performance comparator, the MSCI Emerging & Frontier Markets Index, fell by 8.2%.
Reports a pretax loss of GBP69.4 million in the first half of the year, swinging from a profit of GBP10.4 million the previous year.
Current stock price: 1,176.00 pence
12-month change: down 15%
By Heather Rydings; [email protected]
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