AAIF aims to provide investors with a total return primarily through investing in Asian Pacific securities, including those with an above-average yield. Within its overall investment remit, the company aims to grow its dividends. While the portfolio is constructed without reference to any benchmark, the company measures its performance against the MSCI AC Asia Pacific ex-Japan index and the MSCI AC Asia Pacific ex-Japan High Dividend Yield index (both in sterling terms).
Aberdeen Asian Income Fund (AAIF) is managed by Aberdeen Standard Investments Asia (ASI Asia), aiming to provide reliable quarterly income and long-term capital growth. Its investment process identifies high-quality and attractively valued stocks that can be held for the long term. Manager Yoojeong Oh says that Asia offers attractive growth opportunities and dividend prospects, and ‘the number of dividend-paying stocks is on the rise’. She highlights the deep resources of the ASI Asia investment team, suggesting its presence on the ground and an extensive number of company meetings provides a strong foundation for successful bottom-up stock selection. While AAIF does not have a formal benchmark, its NAV has outperformed the MSCI AC Asia Pacific ex-Japan index and the MSCI AC Asia Pacific ex-Japan High Dividend Yield index over the long term.