NICHE JUNGLE Indonesia Outlook

The portfolio of NicheJungle project is trading at levels even lower than those of the small caps index as a whole, despite being focused on the country infrastructures, the most promising area, and being characterized by low leverage (hence lower risk) EV/EBITDA PE PBVT 0.7 Dividend Yield % Source: Thomson Reuters, NicheAM as of 30/09/23 3.0 3.4 About 80 stocks (in a universe of 420 securities) Average capitalisation: $580m Max AUM of the project 20 mln euro 7.7 NICHE JUNGLE

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