NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ( Note : All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the Internat...
FIHU offers unique India exposure, led by the Watsa family, but has lagged India ETFs long-term due to high fees and volatility. Recent performance has improved, driven by the BIAL stake increase and its first-ever operating profit, now over half of FIHU's assets. Despite 10% long-term book value growth, recent years saw declines and negative cash flow, with book value now below 2021 levels.
NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR DISSEMINATION IN THE UNITED STATES ( Note : All dollar amounts in this press release are expressed in U.S. dollars except as otherwise noted. The financial results are derived from unaudited financial statements prepared using the recognition and measurement requirements of International Financial Reporting Standards as issued by the Internat...
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