AFC Uzbekistan Fund Investment Strategy
The AFC Uzbekistan Fund is designed to offer investors high returns from growth in the equities market of Uzbekistan whilst offering a portfolio that has a low correlation with global equity markets. The fund aims to achieve long-term capital appreciation for investors by capturing value in listed growth companies over the next 5-7 years, predominantly targeting the private company segment and government privatizations.
The fund's investable universe consists of listed companies that have their principal business activities in Uzbekistan as well as foreign listed companies that have the majority of their business in countries bordering Uzbekistan.
The Uzbekistan government’s aggressive privatization drive of all non-core assets and companies, including shares in listed companies, is expected to see the Uzbekistan equities market rebound from a near decade of dormancy as liquidity and interest returns to the market. Many private companies are also considering listings as market depth and foreign interest return.