Kunjal focuses on the medium to long term prospects for EMs and reassures us that these have not changed for the team. The rising capitalisation of EMs is shown through three factors which are all growth drivers. The growing middle-class population, the recent development of a more digitalised economy and the multiplication of infrastructure spend will likely insure productivity and a better position for EMs after this health-crisis.
Past performance is not a reliable indicator of future results and targets are not guaranteed.
This document does not constitute a solicitation or offer to any person to buy or sell any related securities, financial instruments or financial products. No action should be taken or omitted to be taken based on the information presented. Tax treatment depends on personal circumstances and may change. This document is not advice on legal, taxation or investment matters so investors must rely on their own examination of such matters or seek advice. Before making any investment (new or continuous), please consult a professional and/or investment adviser as to its suitability. Any opinions expressed may change. All figures, unless otherwise indicated, are sourced from Federated Hermes.
