Investment Update

RNS Number : 1744K

Mobius Investment Trust PLC

12 December 2018

 

Mobius Investment Trust Plc

12 December 2018

Investment Update

Mobius Investment Trust Plc ("MMIT" or the "Company"), which listed on 1 October 2018, is currently in the process of deploying its IPO proceeds and is actively engaging with both portfolio and target companies. The Company does not intend to disclose specific portfolio holdings during its ramp up period, but can confirm that as of the close of business on 07 December 2018, 40.1% of capital was invested across 10 companies. The five largest geographic exposures were Poland (7.5%), China (6.9%), Brazil (4.7%), South Korea (4.6%), and Turkey (4.3%). In view of current market volatility, the Manager believes it is in the interests of shareholders to exercise caution and discipline in allocating capital. As a result, it now expects MMIT to be fully invested by early 2019. MMIT intends to release its first monthly factsheet and supporting manager commentary during January 2019.

FOR FURTHER INFORMATION, PLEASE CONTACT:

Mobius Capital Partners LLP Harry Stein

Tel: [phone] Email: [e-mail]

 

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