Invesco Asia Trust’s objective is to provide long-term capital growth by investing in a diversified portfolio of Asian companies. On 1 May 2015, the trust adopted a new benchmark, MSCI AC Asia ex-Japan, in place of the former benchmark, MSCI AC Asia Pacific ex-Japan. While the benchmark excludes Australasia, the trust may still invest in these markets.
Investment Companies
Investment Companies
Investment Companies
Investment Companies
Ian Hargreaves
Fund manager
Neil Rogan
Chairman
% | 1M | 3M | 12M |
---|---|---|---|
Actual | 11.7 | 27.4 | 6.3 |
Relative | 5.8 | 15.8 | 5.2 |
52 week high/low | 375.0p/279.5p |
Despite the setback in Asian markets during Q122, Invesco Asia Trust (IAT) continues to generate a double-digit annualised NAV total return (c 11.5% in sterling over the past 10 years), supported by consistent income. It pays a regular six-monthly dividend equivalent to 2% of NAV (4% per year). In January 2022, the fund management team was enhanced when Fiona Yang was appointed co-manager alongside Ian Hargreaves, who has run the portfolio since 2011 (from 2015 as sole manager). IAT’s team targets double-digit annualised returns from each portfolio holding over a rolling three-year period.
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