Investment trust Utilico Emerging Markets delivers shareholders a mix of dividend and capital return. Apart from 2015, when it maintained its annual dividend, the trust has grown income payments every year. In terms of overall investment performance, three-year returns of 19 per cent compare favourably against its global emerging markets peer group of 14 per cent. Utilico Emerging Markets is listed on the London Stock Exchange and has assets valued by the market of £431 million. Jillings says the stake – unlisted – gives the trust exposure to a key trend (energy transition) that is both difficult and expensive to access in emerging markets such as China and South Korea.

Source: Daily Mail June 02, 2024 11:22 UTC