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Invesco Asia Trust

LN: IAT

£185.1m market cap

275.5p last close

The investment objective of Invesco Asia Trust is to provide long-term capital growth by investing in a diversified portfolio of Asian (defined primarily as China, Hong Kong, India, Malaysia, Singapore, South Korea, Taiwan, Thailand) and Australasian companies. The company aims to achieve growth in its net asset value in excess of the MSCI All Countries Asia-Pacific ex-Japan Index, measured in sterling.

Investment summary

Invesco Asia Trust (IAT) aims to deliver significant capital returns to shareholders over the long term through investing in Asian equities, following a rigorous bottom-up process. The manager, Ian Hargreaves, is not constrained by index considerations and the portfolio of 50–70 stocks represents his highest-conviction investment ideas over a three- to five-year horizon. The trust has a solid medium- and long-term performance track record and has generated an annualised NAV total return of 11.3% over 10 years, while its dividend per share has more than doubled.

Share price graph
Price performance
%
1m
3m
12m
Actual 1.5 (0.2) 2.4
Relative* 3.1 0.2 (1.5)
52-week high/low 300.0p/255.0p
*% relative to local index
Key management
Neil Rogan Chairman
Ian Hargreaves Fund manager

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