Investing in companies that are worth more than the market believes
Please note that on the 28th October the Board of Invesco Asia Trust announced that they had agreed Heads of Terms with the Asia Dragon Trust Board (“DGN”), for the Asia Dragon Trust to be merged into the Invesco Asia Trust. For further details please see the Announcement in the “Important Documents” section below.
Please read the Investments Risks and Footnotes at the bottom of the page.
The Company’s objective is to provide long-term capital growth and income by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its net asset value (NAV) total return in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, net of withholding tax, in sterling terms).
Further details of the investment trust’s Investment Policy and Risk and Investment Limits can be found in the Directors' Report contained within the investment trust’s Annual Financial Report.
* Enhanced dividends to be paid from revenues and distributable reserves as required
Asia is home to some of the world’s largest, most competitive and exciting companies. The Trust’s unconstrained approach allows the portfolio manager the flexibility to pick the best ideas from across this vast geographic region and react to changing market conditions.
By combining fundamental analysis and a focus on valuation, these experienced investors have been successful at identifying undervalued Asian franchises. The team’s ability to form different views from the market and patiently allow their investment theses to play out has been key to meeting the Trust’s objectives over the long term.
William Lam, Co-Head Asian & EM Equities shares insights from the team on why they believe there is a contrarian opportunity in being overweight China and underweight India.
In our monthly market roundup for October, Invesco experts provide a rundown of a negative month for global equities and an update on the fixed income markets.
With growing client demand around Environmental, Social and Governance (ESG) considerations, John Pellegry looks at the benefits of ESG integration in the investment process and the stages of the process at which ESG features.
For more than 30 years Invesco has been associated with responsible investing, and today delivers this through equity, fixed income and multi-asset strategies.
To receive periodic updates on this investment trust and invites to future AGMs, visit Invesco’s Investment Trust Preference Centre.
When you interact with us, we may collect information about you which constitutes personal data under applicable laws and regulations. The Trust privacy notice explains how we use and protect your personal data. Invesco’s Investment Trust Preference Centre is managed by IR InTouch, an online investor contact management platform from RDIR.
| Launch date: | 11 July 1995 | |
| ISIN: | GB0004535307 | |
| AIC sector: | Asia Pacific | |
| Announcements | Dividend payable | Annual General Meeting |
| Half-yearly unaudited results January | First Interim November | September |
| Annual financial results August | Second Interim April | |
| Year End 30 April |
| 30.09.19 30.09.20 |
30.09.20 30.09.21 |
30.09.21 30.09.22 |
30.09.22 30.09.23 |
30.09.23 30.09.24 |
|
|---|---|---|---|---|---|
| Ordinary Share Price | 7.5 | 24.6 | -4.9 | 2.8 | 18.3 |
| Net Asset Value | 9.0 | 19.9 | -3.3 | 3.1 | 14.8 |
| MSCI AC Asia ex Japan Index* | 12.3 | 9.7 | -13.9 | 1.4 | 17.3 |
Kepler Trust Intellingence Research Note (View on Kepler website)
Edison group – Research Note (view on Edison website)
Schedule of Matters Reserved for the Board
Audit Committee Terms of Reference
Nomination Committee Terms of Reference
Management Engagement Committee Terms of Reference
Remuneration Committee Terms of Reference
Proposed Cancellation of the Share Premium Account 2017
Annual General Meeting documents
Tender Offer Circular and Notice
Mr N Rogan (Chairman)
Should you wish to contact a member of the Board of Directors, please email the Company Secretary.
When you interact with us, we may collect information about you which constitutes personal data under applicable laws and regulations. Our Trust privacy notice explains how we use and protect your personal data.
Dividend Yield: The total declared and prospective dividends for the current financial year, expressed as a percentage of the trust’s value calculated at the last close price. The yield is indicative only and is not guaranteed.
The value of investments and any income will fluctuate (this may partly be the result of exchange rate fluctuations) and investors may not get back the full amount invested.
The Invesco Asia Trust plc invests in emerging and developing markets, where difficulties in relation to market liquidity, dealing, settlement and custody problems could arise.
The use of borrowings may increase the volatility of the NAV and may reduce returns when asset values fall.
The Invesco Asia Trust plc uses derivatives for efficient portfolio management which may result in increased volatility in the NAV. In addition, some companies are suspending, lowering or postponing their dividend payments, which may affect the income received by the product during this period and in the future.
This is marketing material and not financial advice. It is not intended as a recommendation to buy or sell any particular asset class, security or strategy. Regulatory requirements that require impartiality of investment/investment strategy recommendations are therefore not applicable nor are any prohibitions to trade before publication.
Views and opinions are based on current market conditions and are subject to change.
For more information on our products, please refer to the relevant Key Information Document (KID), Alternative Investment Fund Managers Directive document (AIFMD), and the latest Annual or Half-Yearly Financial Reports. This information is available in the literature section.
Further details of the Company’s Investment Policy and Risk and Investment Limits can be found in the Report of the Directors contained within the Company’s Annual Financial Report.
