Aberdeen Frontier Markets : AFMC (formerly Advance Frontier Markets : AFMF) aimed to generate long-term capital growth primarily from investment in equity and equity-related securities of companies listed in, or operating in, frontier markets. In the summer of 2020, after an extended period of poor performance, the fund was put into liquidation – you can read more here
Frontier market countries are developing countries that don’t qualify for inclusion in emerging market indices. Permitted countries may include constituents of the MSCI Frontier Markets Index or additional countries that the investment manager deems to be, or displays similar characteristics to, frontier market countries. It used to invest via funds but now invests directly.
We wrote a number of notes on this trust that are still available if you search the website.
You can access the manager’s website here