UPDATE: The triennial redemption offer in late 2025 saw a large take-up of 43%, and the results for the year to November 2025 saw MMIT return 7% versus 22% for its comparator index. However, the six months to May 2026 produced a better performance of 23% versus 21% for the EM Mid-Cap index.

Mobius Investment Trust (ticker: MMIT) was launched in 2018 and initially run by the team of Dr Mark Mobius and Carlos von Hardenberg, who had previously worked together at Franklin Templeton before deciding to set up their own fund management business. Dr Mobius, now in his late 80s, retired at the end of...