Title: 242282010.pdf URL Source: https://documentscdn.financialexpress.net/Literature/A21D5137784D78862B20E253E3834A52/242282010.pdf Number of Pages: 2 Markdown Content: Mobius Investment Trust PLC. Active Ownership in Emerging and Frontier Markets # 30/04/202 6 > This is amarketing communication. Please refer to the prospectu sand annual report on our website www.mobiusinvestmenttrust.com/en/trust before making any final investment decisions. > MCP Emerging Markets LLP 2025 1/2 Launch Date: 1st October 2018 AIC Sector: Emerging Markets Global Annual Management Fee: 1.0% Ongoing Charges: 1. 4% Year / Half Year: 30 November / 31 May Capital Structure: 65,690,707 Ord Shs Number of Holdings: 27 Total Net Assets (£m): 119.0 Market Capitalisation (£m): 10 2.5 Gearing (AIC basis): 0.0 Share Price (p): 156.00 Net Asset Value (p): 181.1 2 (Discount) / Premium: (13. 9%) ISIN: GB00BFZ7R980 > Sedol: BFZ7R98 LEI: 21380033EKFQS15X1W22 GIIN: J9AYNU.99999.SL.826 Bloomberg: MMIT LN > ** calculated at the financial year end, includes > management fees and other operating > expenses # PERFORMANCE since 01/10/2018 Net Asset Value Per Share + 93.9 % Share Price +65.3 % Source: Morningstar , Date: 30.04.202 6 # ACCUMULATED PERFORMANCE * 1 month YTD 1 Year 2 Years 3 years 5 years Since Launch Net Asset Value 17.5 % 19.3 % 39.3 % 30.5 % 50.1 % 49.1 % 93.9 % Share Price 13.6 % 13.6 % 28.6 % 22.2 % 28. 7% 42.2 % 65.3 % > Source: Morningstar , Date: 30.04.202 6 # MONTHLY PERFORMANCE * > Net Asset Value Per Share Share Price > *Past performance cannot be relied on as aguide to future performance Source: Morningstar ,Date: 30.04.20 26 Investor Profile Mobius Investment Trust plc has no required minimum holding period and is designed for long -term investment (at least five years). It is intended for both institutional and retail investors. As MMIT invests in equities it may therefore be subject to volati lity. This requires an elevated risk tolerance and capacity. Investment Objective The Company’s investment objective is to achieve long -term capital growth and income returns predominantly through investment in a diversified portfolio of companies exposed directly or indirectly to emerging or frontier markets. # COMMENTARY Emerging markets outperformed their developed market peers in April amid a broad rally in global equity markets. Performance was driven largely by Taiwanese and Korean hardware and semiconductor companies, supported by renewed optimism around AI -related de mand. Sentiment improved as investors rotated back into the sector following earlier weakness linked to geopolitical tensions in the Middle East, with additional support coming from bullish commentary by Nvidia CEO Jensen Huang. Emerging markets also recov ered losses experienced in the previous month as investor risk appetite improved despite ongoing concerns around shipping disruptions, market volatility, and elevated oil and gas prices associated with regional instability. The Mobius Investment Trust’s (MMIT) net asset value (NAV) and share price returned 17.5% and 13.6% respectively, while the MSCI EM Mid Cap (Net TR) Index returned 12.1% in GBP terms. The largest contributors to performance came from Taiwan, including spec ialty materials company Elite Material (+3.6%), semiconductor security IP provider eMemory (+2.8%), and IC design house ASPEED (+2.0%). The largest detractors to performance were Brazilian software developer CI&T ( -0.5%), Indian steel tubes business APL Ap ollo ( -0.2%), and Brazilian digital transaction service Bemobi ( -0.1%). As we are receiving Q1 reports, we are seeing several Taiwanese holdings report strong results ahead of consensus expectations. Further information, including the Q1 2026 Manager's Commentary which contains a detailed section on insights from India as well as several recent podcasts featuring founding partner Carlos Hardenberg, is available on the Mobius Investment Trust’s website: www.mobiusinvestmenttrust.com. Over the month, we were deeply saddened to hear of Mark Mobius’ passing. His influence on emerging markets investing has been remarkable, helping shape the asset class into what it is today. We will continue to hold his legacy in the highest esteem . > -40.0% > -20.0% > 0.0% > 20.0% > 40.0% > 60.0% > 80.0% > 100.0% > Oct-18 > Nov-18 > May-19 > Nov-19 > May-20 > Nov-20 > May-21 > Nov-21 > May-22 > Nov-22 > May-23 > Nov-23 > May-24 > Nov-24 > May-25 > Nov-25 > Apr-26 17.5% -7.1% 3.1% 6.0% -3.3% 1.8% 13.6% -6.1% 3.5% 2.9% -1.1% -2.8% > -10% > -6% > -2% > 2% > 6% > 10% > 14% > 18% Apr-26 Mar-26 Feb-26 Jan-26 Dec-25 Nov-25 Mobius Investment Trust PLC. Active Ownership in Emerging and Frontier Markets # 30/04/202 6 This is a marketing communication. Please refer to the prospectu s and annual report on our website www.mobiusinvestmenttrust.com/en/trust before making any final investment decisions. MCP Emerging Markets LLP 2025 2/2 Risk Warnings: This document is issued by MCP Emerging Markets LLP as Alternative Investment Fund Manager which is authorised and regulated in the United Kingdom by the Financial Conduct Authority. This document does not constitute or form part of an offer or invitation to purchase or subscribe for shares in Mob ius Investment Trust plc (the "Company" ) and has not been prepared in connection with any such offer or invitation. Nothing in this document should be construed as investment, fi nancial, legal or tax advice or a recommendation to buy or sell shares. Before investing in the Company, or any other investment product, you should satisfy yourself as to its suitability and the risks involved, and you are strongly encouraged to consult a qualified fi nancial adviser. Any return you receive depends on future market performance and is uncertain. Past performance cannot be relied on as a guide to future performance. The Company does not seek any protection from future market performance, so you could lose some or all your investment. Shares in the Company are bought and sold on the London St ock Exchange (LSE). The trading price of these listed shares is subject to market forces and may trade at a discount or premium to the underlying net asset value of the Company. Investors should be aware that the price paid for a share may exceed the price at which it can subsequently be sold. For further information on the principal risks the Company is exposed to please refer to the Company's Investor Disclosure Do cument available at www. mobiusinvestmenttrust.com. The Company is permitted to borrow to purchase investments, this could potentially magnify any losses or gains realized by the Company. MCP Emerging M arkets LLP has used all reasonable efforts to ensure the accuracy of the information contained in this document but makes no guarantee, representation or warranty (express or implied) as to the reliability, completeness or accuracy of such information. MCP Emerging Markets LLP, the Company and their affiliates disclaim, to the fullest extent permitted by law, any and all liability for any direct, i ndirect, punitive, incidental, consequential, special or other damages, including, without limitation, loss of profits or revenue arising from the distribution of and your use of this document and its content, or any errors, omissions or inaccuracies in its content. Mobius Investment Trust plc is an externally managed investment trust registered with HMRC, and its ordinary shares are admit ted to the closed -ended investment funds category of the Official List of the FCA and traded on the main market of the London Stock Exchange . The Company has a Redemption Facility through which shareholders may request the redemption of all or part of their holding of Ordinary Shares on a periodic basis. The first Redemption point for the Ordinary Shares was o n 30 November 2022 and ea ch subsequent Redemption point occurs on 30 November every third year thereafter. MCP Emerging Markets LLP is authorised and regulated by the Financial Conduct Authority in the United Kingdom (FRN:791830). I ts registered office address is 3 -5 Gower Street, London WC1E6H, United Kingdom . Disclaimers Morningstar 2026. All rights reserved. The information, sourced from Morningstar, contained herein: (1) is proprietary to Mor ningstar and/or its content providers; (2) may not be copied, adapted or distributed; (3) is not warranted to be accurate, complete or timely; and (4) does not constitute advice of any kind, whether investment, tax, legal or otherwise. User is solely responsible for ensuring that it complies with all laws, regulations and restrictions applicable to it. Neither Morningstar n or its cont ent providers are responsible for any damages or losses arising from any use of this information, except where such damages or losses cannot be limited or excluded by law in your ju risdiction. Past performance is no guarantee of future results. # TOP 10 HOLDINGS * Classys 6.0 Elite Material 5.9 Astor Transformator 5.9 Chroma ATE 5.4 eMemory Technology 5.3 ASPEED Technology 5.3 Park Systems 4.6 E Ink 4.4 Apollo Tubes 3.5 SK Square 3.5 Total 49.8 % # SECTOR BREAKDOWN * COUNTRY BREAKDOW N* *Portfolio allocation may vary over time. ˆIncludes uninvested cash Source: Frostrow Capital LLP, Date: 30.04.202 6 Opportunities + Focus on dynamic small and mid -sized companies in many of the fastest growing economies in the world + Fundamental bottom -up research process identifies resilient business models which are undervalued and mispriced + Lower ESG standards in emerging and frontier markets offer a unique opportunity for active engagement approach + Create value by delivering a clear ESG pathway for our portfolio companies + Concentrated portfolio allows a customised engagement strategy for each company Risks ‒ MMIT pursues an active management style. Its performance may therefore deviate considerably from that of a comparable market return ‒ Pronounced fluctuations in price are characteristic of emerging and frontier economies. Other characteristics include specific risks such as lower market transparency, regulatory hurdles, illiquidity of markets as well as political and social challenges ‒ Investments via Shanghai or Shenzhen Stock Connect are subject to additional risks, quota limitations, custody risk, clearing/settlement risk and counterparty risk ‒ Focusing intentionally on stocks in small and medium cap companies may entail additional risks (e.g. lower liquidity) # PORTFOLIO MANAGER Carlos von Hardenberg Founder & Portfolio Manager Carlos von Hardenberg founded MCP Emerging Markets in 2018 and has been the portfolio manager for the strategy since inception. MCP Emerging Markets LLP 20 North Audley Street, London W1K 6LX Anna von Hahn Investor Relations & Operations anna@mcp -em.com +44 (7852882770) 45.2% 19.3% 14.4% 6.0% 4.2% 2.9% 8.0% Technology Industrials Financials Health Care Communications Consumer Discretionary Cash 32.8% 19.0% 14.1% 8.5% 4.2% 3.2% 2.9% 2.5% 2.4% 2.0% 0.4% 8.0% Taiwan India South Korea Turkey Vietnam Brazil China South Africa Kenya Singapore Kazakhstan UK^