Schroder Asian Total Return Investment Company plc

Schroder Asian Total Return Investment Company plc

 

                                                                     

 

Schroder Asian Total Return Investment Company plc seeks to provide a high rate of total return through investment in equities and equity related securities of companies trading in the Asia Pacific region (excluding Japan). The Company seeks to offer a degree of capital preservation through tactical use of derivative instruments.

The Company targets attractive investment opportunities across diverse Asian equity markets. The fund is co-managed by Robin Parbrook and King Fuei Lee who both head teams for Schroders in Asia leveraging the local knowledge of Schroders’ extensive network of analysts in the region.

Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested. 

  Annual General Meeting Presentation

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 Morningstar report                                      


What are the risks?

    • Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.
    • Investors in the emerging markets and Asia should be aware that this involves a high degree of risk and should be seen as long term in nature.Less developed markets are generally less well regulated than the UK, they may be less liquid and may have less reliable arrangements for trading and settlement of the underlying holdings.
    • The Company holds investments denominated in currencies other than sterling, investors should note that exchange rates may cause the value of these investments, and the income from them, to rise or fall.
    • The Company invests in smaller companies that may be less liquid than in larger companies and price swings may therefore be greater than investment companies that invest in larger companies.
    • The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the investments purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.
    • Investments such as warrants, participation certificates, guaranteed bonds, etc. will expose the fund to the risk of the issuer of these instruments defaulting on paying the capital back to the Company
    • The fund can use derivatives to protect the capital value of the portfolio and reduce volatility, or for efficient portfolio management.

 

Non-Mainstream Pooled Investments (NMPI) Status

The Company currently conducts its affairs so that its shares can be recommended by IFAs to ordinary retail investors in accordance with the FCA's rules in relation to non-mainstream investment products and intends to continue to do so for the foreseeable future. The Company's shares are excluded from the FCA's restrictions which apply to non-mainstream investment products because they are shares in an investment trust.

Alternative Investment Fund Managers Directive Disclosure

Read the full disclosure

 

Source for logo: Morningstar as at 31 January 2017. © 2017 Morningstar UK Ltd. All rights reserved. The information contained herein: (1) is proprietary to Morningstar and/or its content providers; (2) may not be copied or distributed; and (3) is not warranted to be accurate, complete, or timely. Neither Morningstar nor its content providers are responsible for any damages or losses arising from any use of this information. For more detailed information about Morningstar's Analyst Rating, including its methodology, please click here. For disclosure and detailed information about this fund please refer to full Morningstar Global Fund Report

 

Performance (%)

Schroder Asian Total Return Investment Company plc

Q3 2016 - Q3 2017

Q3 2015 - Q3 2016

Q3 2014 - Q3 2015

Q3 2013 - Q3 2014

Q3 2012 - Q3 2013

NAV total return

24.5 37.7 0.7 9.8 0.2
Share price total return 31.1 45.3 -2.7 8.6 7.4
Benchmark total return* 17.1 38.1 -8.2 6.1 3.5

Source: Schroders, bid to bid price with net income reinvested, net of the ongoing charges and portfolio costs and, where applicable, performance fees, in GBP, as at 29 September 2017. On 21 September 2016, the fund, previously named Asian Total Return Investment Company plc, changed its name to Schroder Asian Total Return Investment Company.

*With effect from 15 March 2013, the benchmark has been the MSCI AC Asia Pacific ex-Japan Index (sterling adjusted). Prior to that date, it was the MSCI AC Asia ex-Japan Index (sterling adjusted).

Ratings

 Source for ratings: Morningstar as at 31 January 2017

What are the risks?

  • Past performance is not a guide to future performance and may not be repeated. The value of investments and the income from them may go down as well as up and investors may not get back the amount originally invested.

  • Investors in the emerging markets and Asia should be aware that this involves a high degree of risk and should be seen as long term in nature.Less developed markets are generally less well regulated than the UK, they may be less liquid and may have less reliable arrangements for trading and settlement of the underlying holdings.

  • The Company holds investments denominated in currencies other than sterling, investors should note that exchange rates may cause the value of these investments, and the income from them, to rise or fall.

  • The Company invests in smaller companies that may be less liquid than in larger companies and price swings may therefore be greater than investment companies that invest in larger companies.

  • The Company may borrow money to invest in further investments, this is known as gearing. Gearing will increase returns if the value of the investments purchased increase in value by more than the cost of borrowing, or reduce returns if they fail to do so.

  • Investments such as warrants, participation certificates, guaranteed bonds, etc. will expose the fund to the risk of the issuer of these instruments defaulting on paying the capital back to the Company

  • The fund can use derivatives to protect the capital value of the portfolio and reduce volatility, or for efficient portfolio management.

 

Annual report and accounts

 2016
 2015
 2014
 2013
 2012
 2011
 2010
 2009
 2008

Portfolio holdings

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Alternative Investment Fund Managers Directive Disclosure

Read the full disclosure

What are the risks?

Past performance is not a guide to future performance and may not be repeated.  The value of investments, and the income from them, can go down as well as up and investors might not get back the amount originally invested.

Some trusts invest solely in the companies of, or in property located in, one country or region. This can carry more risk than investments spread over a number of countries or regions.

Investors in the emerging markets and the Far East should be aware that this involves a high degree of risk and should be seen as long term in nature.

Exchange rates may cause the value of investments denominated in currencies other than sterling, and the income from them, to rise or fall.

Registrar contact details

Equiniti Limited
Aspect House, Spencer Road
Lancing
West Sussex
BN99 6DA
 
 

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