£209m market cap
340.5p last close
Witan Pacific Investment Trust (WPC) has the objective of providing shareholders with balanced equity exposure in the Asia Pacific region, including Japan. It aims to outperform the MSCI AC Asia Pacific Free Index (GBP).
Investment summary
Witan Pacific Investment Trust (WPC) employs a multi-manager strategy, offering investors broad exposure to pan-Asian equities. The board recently announced a renewed commitment to improving the trust’s investment performance. If WPC’s NAV total return lags its benchmark over the period from 31 January 2019 to 31 January 2021, the board will put forward proposals that include a full cash exit at close to NAV. As a result, shareholders should enjoy NAV performance ahead of the benchmark or share price outperformance versus NAV as the discount is closed. In its recently released FY19 results, WPC proposed a meaningful 27.3% increase in its annual dividend; the fully covered 7.0p distribution, to be approved at the June 2019 AGM, equates to a 2.1% yield.
Sector |
|---|
| Investment companies |
Share price graph
Price performance
% |
1m |
3m |
12m |
||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
|||||||||||||||
| *% relative to local index | |||||||||||||||
Key management |
|
|---|---|
| Susan Platts-Martin | Chairman |
| James Hart | Investment Director |
Content on Witan Pacific Investment Trust
You may also be interested in…
- Aberdeen Asian Income Fund
- Aberdeen Diversified Income and Growth Trust
- Aberdeen New Thai Investment Trust
- Aberdeen Standard Equity Income Trust
- Acorn Income Fund
- Atlantis Japan Growth Fund
- Baker Steel Resources Trust
- Bankers Investment Trust (The)
- BioPharma Credit
- BlackRock Emerging Europe
- BlackRock Greater Europe Investment Trust
- BlackRock Latin American Inv. Trust
- BMO Managed Portfolio Trust Growth Portfolio
- BMO Managed Portfolio Trust Income Portfolio
- Canadian General Investments
- CVC Credit Partners European Opps
- Diverse Income Trust (The)
- EJF Investments
- European Assets Trust
- F&C Investment Trust
- Fidelity Asian Values
- Fidelity China Special Situations
- Fidelity European Values
- Fidelity Japan Trust
- Fidelity Special Values
- Finsbury Growth & Income Trust
- Genesis Emerging Markets Fund
- Gulf Investment Fund
- Hansa Trust
- HarbourVest Global Private Equity
- Henderson Alternative Strategies Trust
- Henderson Far East Income
- Henderson International Income Trust
- HgCapital Trust
- Invesco Asia Trust
- JPMorgan Global Convertibles Income Fund
- JPMorgan Global Growth & Income
- Jupiter Green Investment Trust
- Jupiter UK Growth Investment Trust
- Jupiter US Smaller Companies
- Lazard World Trust Fund
- Lowland Investment Company
- Marble Point Loan Financing
- Martin Currie Asia Unconstrained Trust
- Martin Currie Global Portfolio Trust
- Murray Income Trust
- Murray International Trust
- Ocean Wilsons Holdings
- Princess Private Equity Holding
- Schroder AsiaPacific Fund
- ScotGems
- Scottish Oriental Smaller Companies
- Securities Trust of Scotland
- Seneca Global Income & Growth Trust
- Standard Life Investments Property Income Trust
- Standard Life Private Equity Trust
- Standard Life UK Smaller Companies
- Templeton Emerging Markets Investment Trust
- The Biotech Growth Trust
- The Brunner Investment Trust
- The European Investment Trust
- The Law Debenture Corporation
- The Merchants Trust
- The North American Income Trust
- The Scottish Investment Trust
- TR European Growth Trust
- UK Commercial Property REIT
- Utilico Emerging Markets Trust
- Vietnam Enterprise Investments
- VietNam Holding
- VinaCapital Vietnam Opportunity Fund
- Witan Investment Trust
- Worldwide Healthcare Trust