UTILICO EMERGING MARKETS

UEM’s investment objective is to provide long-term total return through a flexible investment policy that permits it to make investments predominantly in infrastructure, utility and related sectors, mainly in emerging markets. UEM's investment policy is flexible. It can make investments predominantly in infrastructure, utility and related sectors, mainly in emerging markets, including (but not limited to) water, sewerage, waste, electricity, gas, telecommunications, ports, airports, service c... ompanies, rail, roads, any business with essential service and/or monopolistic characteristics and in any new infrastructure or utility which may arise mainly in emerging markets. UEM may also invest in businesses which supply services to, or otherwise support, the infrastructure, utilities and related sectors.

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