I am intrigued by the Indian market and now even more so as India’s GDP has overtaken UK’s GDP (didn’t read about this in this week’s UK papers though; local bias). Those who like their investments spicy might be tempted by this single country investment trust.
Sounds like the incentives are lined up to ensure performance: There is a performance fee capped at 30 per cent of performance based on rolling three-year periods and it is paid in AIE shares, half of which are locked up for 3 years. No annual fee. Analyst pay related to how well their stock picks do .
Thank you interesting points. I did a quick comparison, using Google Finance, of the trusts you mention (bit hard because as you say AIE has only been around since mid 2018). We can see what you are saying:
Interesting spot, thanks. I’m bullish on India and Vietnam long-term…though I have zero knowledge of specific India companies so no idea whether this is better than following the index (which I do) or not.