Edinburgh Dragon – Focused on Quality

Marten and Co publishes its first initiation of coverage note on Edinburgh Dragon (EFM)

Edinburgh Dragon (EFM) has some natural advantages as the largest and one of the most liquid Asian investment companies. Its focus on buying high quality companies at attractive valuations appears to have served it well over the long term but in recent years its performance has lagged its peer group. However, the manager believes current market volatility could herald a return to form for the fund.

In this initiation note we explain how Edinburgh Dragon is managed and the thinking behind its current portfolio positioning. The note also delves, in some detail, into the workings of the fund.

Edinburgh Dragon – Focused on Quality

Edinburgh Dragon aims to achieve long term capital growth through investment in the Far East. The company’s benchmark index is the MSCI All Country Asia (ex Japan) Index. Investments are made mainly in stock markets in the region, with the exception of Japan and Australasia, principally in large companies. The Company utilises gearing with a view to maximising returns over the longer term. The manager, Aberdeen selects companies for the portfolio that they consider to have proven management and are attractively priced.

To visit the company’s website, click here

EFM : Edinburgh Dragon – Focused on Quality