TUNDRAS FUNDS ARE NOW ONE FUND
On September 4th, Tundra Frontier Africa, Tundra Pakistan and Tundra Vietnam merged with the Tundra Sustainable Frontier Fund. If you hold units in either of the three funds worth USD 1,000 on the merger date you will instead receive units in Tundra Sustainable Frontier Fund worth USD 1,000. There will be no subscription or redemptions fees. All funds will be traded as usual until the merger date and you can buy as well as sell units as usual
Tundra Sustainable Frontier Fund was recently awarded 5 stars by Morningstar and thus belongs to the top 10% globally in its category of frontier markets. The fund has significant exposure to Pakistan, Vietnam and Africa, but the spread across several countries/regions means that the level of risk over time is expected to be lower.
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