Seafarer®

Pursuing Lasting Progress in Emerging Markets®

Seafarer Overseas Growth and Income Fund

Portfolio Briefing

– Nicholas Borst reports that China stocks rose sharply in response to recent stimulus announcements, and he reviews the four major problems that have weighed down China’s economy. Paul Espinosa notes that earnings and dividend growth from Growth and Income Fund holdings drove performance. Lydia So highlights specific contributors and detractors to Fund returns and introduces a new position in Vietnam.

Speakers

Related Information

The performance data quoted represents past performance and does not guarantee future results. Future returns may be lower or higher. The investment return and principal value will fluctuate so that an investor’s shares, when redeemed, may be worth more or less than the original cost. View the Fund’s most recent month-end performance.
The views and information discussed in this video are as of the date of publication, are subject to change, and may not reflect Seafarer’s current views. The views expressed represent an assessment of market conditions at a specific point in time, are opinions only and should not be relied upon as investment advice regarding a particular investment or markets in general. Such information does not constitute a recommendation to buy or sell specific securities or investment vehicles. It should not be assumed that any investment will be profitable or will equal the performance of the portfolios or any securities or any sectors mentioned herein. The subject matter contained herein has been derived from several sources believed to be reliable and accurate at the time of compilation. Seafarer does not accept any liability for losses either direct or consequential caused by the use of this information.
As of September 30, 2024, securities mentioned in the video comprised the following weights in the Seafarer Overseas Growth and Income Fund: Samsung Biologics Co., Ltd. (3.3%), Alibaba Group Holding, Ltd. (2.4%), Singapore Exchange, Ltd. (3.1%), Hyundai Mobis Co., Ltd. (4.9%), Samsung Electronics Co., Ltd. (2.0%), Samsung Electronics Co., Ltd. Pfd. (2.1%), Rohm Co., Ltd. (1.3%), Vietnam Dairy Products JSC (1.2%), and Hongkong Land Holdings, Ltd. (2.0%). The Fund did not own shares in the other securities referenced in this video. View the Fund’s Top 10 Holdings. Holdings are subject to change.
The Fund and index performance data reported in this video are estimates provided by a third-party industry data service based on the information available at the time of the recording, and may differ from the official Fund performance information that is later calculated by the Fund’s administrator and published on the Seafarer website. For official Fund performance information as of the most recent month end, please refer to the Performance page of the Seafarer website.
Sources: ALPS Fund Services, Inc.; Bloomberg; Seafarer.
Daniel Duncan is a Registered Representative of ALPS Distributors, Inc.