Schroder Asian Total Return Investment Company plc - ATR
Designed to protect and grow wealth through all market conditionsWhy invest in ATR?
The Schroder Asian Total Return provides an unconstrained approach to investing in Asian markets, seeking to provide a total return to investors while providing an element of capital protection.
Investing in high potential companies across the Asia Pacific region
The Portfolio Managers are not bound by benchmarks. This gives them the freedom to support their top investment choices through an active strategy, without being tied to a specific index. As a result, the portfolio is diverse both in terms of geographical location and sector. They particularly incline towards small and mid-cap companies, concentrating on those that are well-managed and acknowledge the significance of providing a strong, growing dividend to their shareholders. This, they believe, is a crucial component of a promising long-term total return.
Benefit from a smoother investment journey and the possibility for higher returns
The ability to choose stocks with strong long-term return prospects is further enhanced by the application of a tactical hedging strategy. This strategy aims to provide a less bumpy investment journey compared with the Reference Index by lowering volatility and preserving capital. In the aggregate, this serves to alleviate some of the broader risks associated with investing in Asia.
Rely on decades of Asian investment expertise
The Co-Portfolio Managers, Robin Parbrook and King Fuei Lee, boast over five decades of combined investment experience and are highly esteemed for their proficiency in Asian equity investing. They utilise the vast resources of Schroders' Asia Pacific equities research team, which operates across six regional offices, as well as tapping into the expertise of Schroders' global sector specialists based in London. This gives them an edge in information within a region that is relatively under-researched and market inefficient.
Key Information
Watch: Annual Results
In April 2024, Robin Parbrook presented the Trust's annual results for the year ended 31 December 2023.
Performance
For further performance data please visit the London Stock Exchange website
Ongoing charge (as at July 2023): 0.82%
Performance fee: 10% of NAV over a 7% hurdle rate. Sum of management and any performance fee capped at 1.25% of net assets. Only applies if trust meets or outperforms reference index.
Awards and ratings
Source: Morningstar as at July 2024
Source: Kepler Trust Intelligence, 2024
Source: FE fundinfo, 2024
Trust insights
Corporate governance
Find out more about the Company's Board, view key dates and keep up with regulatory news.
Meet the managers
"You can’t dine off relative returns, and in Asia we believe the benchmark indices are a poor reflection of the overall investment opportunities. The priority of the Company is to make money, whilst providing an element of capital preservation in a volatile asset class."
Documents
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 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.