Advance Developing Markets Fund's net asset value per ordinary share fell by 9.6% in the four months to the end of February.

This compares with a 10.1% fall in the MSCI Emerging Markets Net Total Return Index in sterling terms.

The company's share price fell by 11.9% in the period.

At 2:48pm: (LON:ADMF) Advance Developing Markets Fd Ltd share price was -2.12p at 396.88p