As I mentioned earlier - I sold out of Pacific Horizon due to a very large premium over NAV of nearly 20%. Its gone down from c. 750 to 650 very rapidly since - very lucky timing this time.

I was going to go for JP Morgan China Growth and Income Trust, but might consider a bit in FEET also - the conceptual overlap is very low between the two.

Edit: My wife had £5k rental income which I've invested on a spur of the minute decision into FEET.

Unfortunately, I got too greedy and waited for a lower price on FEET which never arrived. I managed to build up to only 2/3 of my desired position.

A weaker dollar is a tailwind for emerging markets. Of course, covid counters that to some extent, but if covid challenge is dealt with and dollar remains weak, then EM could be set to outperform.

Actually bought Smithson for the first time on Wednesday.

I looked at their top 10 holdings and realised that 6 of them were on my watch list (of which 2 I own/owned).

The rest, I never bought as I thought the price was too high. Since FeverTree is their biggest holding, I sold most of my overweight position in FEVR and bought SSON (and GAW).

EDIT: and of course, FEVR goes up 8% today after I sell it!