Invesco-Asia-Investment-Trust-plc

Invesco Asia Trust plc

Investing in companies that are worth more than the market believes

Please read the Investment Risks and Footnotes at the bottom of the page.

Useful documents

Monthly factsheet (PDF download)

Annual financial report 2019 (PDF download)

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Why consider the Invesco Asia Trust?

  1. A contrarian approach to identifying undervalued Asian franchises
  2. A total return mindset with an aim to increase dividends over time
  3. A disciplined approach to gearing that aims to enhance returns

How we invest

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.

Insights

Video
John Pellegry, Product Director, Asian and Emerging Market Equities
Environmental, Social, and Governance

Integrating ESG into the investment process

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.

Trusting in Asia opportunities

With protests in Hong Kong and the continuing trade negotiations between the US and China, Asia continues to grab the headlines. But looking beyond this negative news, Asia still remains the most important driver of global growth.

Read article
Trusting in Asia opportunities
Yanghe: combining tradition and modernity
Yanghe: combining tradition and modernity
Asian and Emerging Market Equities

Yanghe: combining tradition and modernity

On a recent trip to China, Fiona Yang visited Jiangsu Yanghe, the third largest Baijiu (Chinese spirit) producer in China. She finished her tour deeply impressed by the company’s successful integration of tradition and modernity.

Read article

Key facts

Launch date:   11 July 1995
Fund manager:   Ian Hargreaves
ISIN:   GB0004535307
AIC sector:   Asia Pacific

Performance

Standardised rolling 12-month performance (% growth)

  2015 2016 2017 2018 2019
Ordinary Share Price -0.3 28.8 32.8 -10.5 15.5
Net Asset Value -0.2 29.1 32.7 -11.5 13.6
MSCI AC Asia ex Japan Index* -5.3 26.2 29.8 -8.8 13.9

Past performance is not a guide to future returns. Ordinary share price performance figures have been calculated using daily closing prices with dividends reinvested. NAV performance figures have been calculated using daily NAV with dividends reinvested. The NAV used includes current period revenue and values debt at fair. The MSCI AC Asia ex Japan Index performance shown is total return. All performance figures are in sterling as at 31 December. Years stated above refer to the full calendar year. Standardised past performance figures are updated on a quarterly basis. Source: Morningstar.

*The benchmark index for this Investment Trust changed on 1 May 2015 from the MSCI AC Asia Pacific ex Japan to the MSCI AC Asia ex Japan (both indices total return in sterling terms). The benchmark performance in the table shows the returns of the former index for periods prior to 1 May 2015.

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When you interact with us, we may collect information about you which constitutes personal data under applicable laws and regulations. Our privacy & cookie policy explains how we use and protect your personal data.

Financial reports

PDF downloads

Annual 2019 2018 2017 2016 2015

 

2014 2013 2012 2011 2010
Half-yearly 2019 2018 2017 2016 2015

 

2014
2009
2013 2012 2011 2010

Board and committee downloads

Investment objective

The Company’s objective is to provide long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. The Company aims to achieve growth in its net asset value (NAV) in excess of the Benchmark Index, the MSCI AC Asia ex Japan Index (total return, in sterling terms).

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.

Company directors

  • Neil Rogan (Chairman)
  • Tom Maier
  • Owen Jonathan
  • Fleur Meijs
  • Vanessa Donegan
  • Nira Mistry (Company secretarial contact)

Contact the Board of Directors

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.

Footnotes

  • Total Assets: The value of all assets held, less current liabilities, including income for the current year.
  • 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.
  • Estimated NAV: The net asset value is the value of the company’s assets, less any liabilities.
  • Discount: The amount, expressed as a percentage by which the share price is less than the net asset value per share. Premium: The amount, expressed as a percentage, by which the share price is more than the net asset value per share
  • Figures are subject to rounding.

Investment Risks

  • 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 product invests in emerging and developing markets, where difficulties in relation to market liquidity, dealing, settlement and custody problems could arise.
  • The product uses derivatives for efficient portfolio management which may result in increased volatility in the NAV.
  • The use of borrowings may increase the volatility of the NAV and may reduce returns when asset values fall.

Important information

  • Where individuals or the business have expressed opinions, they are based on current market conditions, they may differ from those of other investment professionals and are subject to change without notice. This marketing material is not intended as a recommendation to invest in 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. The information provided is for illustrative purposes only, it should not be relied upon as recommendations to buy or sell securities.
  • 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.