May 2021 was yet another strong month for the AFC Uzbekistan Fund, now up for 13 consecutive months...
The Uzbek stock market continued its broad, multi-month rally across the majority of the fund’s portfolio companies as the AFC Uzbekistan Fund experienced its twelfth straight monthly gain...
March 2021 marks the two-year anniversary of the launch of the AFC Uzbekistan Fund (AUF) on 29th March 2019. The fund launched with assets under management of USD 2 mln and ends its second year with USD 11 mln...
The combination of a marked increase in buyer activity and sellers raising their offer prices amid the increasing demand for shares led to a broad surge...
The broad upward trajectory of the equities market continued in January, on the back of 2020 GDP growth of 1.6%. ...
August saw broad-based price appreciation amongst the fund’s holdings as the Tashkent Stock Exchange continues to mature and attract new market participants ...
November saw the AFC Uzbekistan Fund achieve +9% performance, leading the fund to a new all-time high NAV ...
October saw continued buying interest from local and foreign investors alike amid a strong start to the 3rd quarter earnings season with ...
September saw more double-digit dividend yield announcements among the fund’s holdings ...
August saw broad-based price appreciation amongst the fund’s holdings as the Tashkent Stock Exchange continues to mature and attract new market participants ...
Uzbekistan re-entered quarantine on 10th July, with virus cases having risen to 9,697, and it is expected to remain in place until at least 15th August ...
June saw daily life and economic activity in Uzbekistan continue to rebound with restaurants now permitted to re-open and European-style summertime outdoor café culture in full swing. Meanwhile, ...