Mobius: EM is out of favour & cheap which is the best time to buy

mobius

#1

Originally published at: https://whichinvestmenttrust.com/mobius-em-is-out-of-favour-cheap-which-is-the-best-time-to-buy/

The soon to launch Mobius Investment Trust is changing the rules of the emerging markets game in how they plan to operate the the trust. Mobius Investment Trust plc (LON:MMIT), founded by three colleagues from Franklin Templeton who between them managed Templeton Emerging Markets Investment Trust and the Romanian Fondul fund, is to list on…


#2

There are so many new investment trusts launching, what to go for.

I am going for AVI Japanese Opportunity, but this looks interesting too.

I like the fact that they’ve invested their own money and the strategy makes sense to me if they can pull it off.

Of course I could always wait until it lists before deciding. Much to think about.


#3

I think this sounds like it might be good but I think I prefer to wait until it is on the stock exchange because I don’t think I need to be in any rush to invest more in to emerging markets.

The idea to invest in a concentrated number of holdings that they properly engage with I really do like so I will watch it once it lists.


#4

Both @matts and @xaivercatalan seem fairly keen on the Mobius trust but you’re not willing to invest at the IPO. If everyone who like it does the same thing it won’t float.


#5

I agree with you @jonno If you like it go for it because otherwise it might not happen.


#6

Only got half the book. Must find out why… My suspicion is timing ( in that Institutional investors just can’t get sign off for EM) or Mobius is out of touch or lost his touch maybe. More later.


#7

It’s a mixture of why pay at par when other EM trusts have big discounts, plus Mobius has definately lost followers since stepping down from Templeton Emerging.


#8

Yeah that’s true, I hadn’t thought of that. He’s lucky to have raised £100 million in that case @james_pigott.