FundWeb: FMG launches Mongolia fund

Emerging markets investment specialist FMG has unveiled a fund targeting Mongolia, which the asset manager claims is the fastest-growing market in the world. The FMG Mongolia fund, which has a minimum investment of $10,000 (£6,270), will target the top 25 most-liquid companies on the Mongolian Stock Exchange. In its launch portfolio, the fund’s five largest holdings are
drinks company APU, manufacturer Remicon, coal miners Sharyn Gol and Tavan Tolgoi, and confectionery company Talkh Chikher. To read the full article, click hereFMG launches Mongolia fund

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