Advance Developing Markets Fund's net asset value per share rose by 11.8% in the four months to the end of August.

This compares with a 12.6% increase in the MSCI Emerging Markets Net Total Return Index in sterling terms.

The company's share price rose by 11.7% in the period.

At 9:32am: (LON:ADMF) Advance Developing Markets Fd Ltd share price was +2.13p at 453.63p