Schroder Oriental Income Fund Limited - SOI
Expert access to Asian income & growthWhy invest in SOI?
Asian companies are increasingly world-leading and returning cash to shareholders. The Schroder Oriental Income Fund aims to tap into the Asian income story and help investors diversify their dividends.
Offering a reliable, yet diversified, source of growing income
By focusing on quality companies with sustained dividend growth prospects, its managers are very confident in the portfolio’s growing income generating potential. Having grown its dividend every year since launch, SOI is classed in the AIC’s next generation of dividend heroes.
A disciplined focus on companies with excellent long-term growth prospects
The trust is well placed to capitalise on the growing prominence of Asian companies that are transforming their sectors, providing investors with an attractive level of capital growth as well as income.
Rely on decades of deep expertise
Schroders is an acknowledged expert in Asian equity investing. Portfolio managers, Richard Sennitt & Abbas Barkhordar, draw upon the extensive resources of Schroders’ Asia Pacific equities research team based in six offices across the region, as well as Schroders’ London-based global sector specialists. The strength of these resources gives the managers an information advantage in under-researched and inefficient markets.
Key Information
Annual Results 2023
On 29 November, Managers Richard Sennitt and Abbas Barkhordar presented the Trust's annual results for the year ended 31 August 2023. The presentation can be downloaded above.
Performance
For further performance data please visit the London Stock Exchange website.
Awards
Source: Morningstar as at January 2024
Source: FundCalibre as at January 2024
Source: Kepler Trust Intelligence, 2024
In the media
Related insights
Trust insights
Meet the manager
"While by no means universal, many Asian companies are increasingly focused on dividends as a substantial contributor to shareholder returns."
Richard Sennitt
Fund Manager, Asian Equities
Documents
Investing in Schroder Oriental Income Limited
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.
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 the Far East 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 invests in smaller companies that may be less liquid than in larger companies and price swings may therefore be greater than investment trusts, companies and funds that invest in larger companies.
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 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.
Investment in warrants, participation certificates, guaranteed bonds, etc will expose the fund to the risk of the issuer of these instruments defaulting. Deducting charges from capital can result in the income paid by the company being higher than would otherwise be the case and the growth in the capital sum being eroded.
As a result of the fees being charged partially to capital, the distributable income of the Company may be higher, but the capital value of the Company may be eroded.