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 benchmark agnostic, which means they can back their highest conviction ideas with an active approach that is not tied to any particular index. They focus on well-managed businesses that understand the importance of paying a good, growing dividend to their shareholders as part of an attractive long-term total return.
Benefit from a smoother journey and the possibility for higher returns
The ability to select stocks that have the potential to deliver strong long-term returns is complemented by the use of a tactical hedging strategy that focuses on reducing volatility and preserving capital – this helps to mitigate 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 have more than 50 years of combined investment experience and are renowned for their expertise in Asian equity investing. They 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. This helps provide an information advantage in an under-researched and market inefficient region.
Key Information
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 January 2024
Source: Kepler Trust Intelligence, 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.