Fund Research

Schroder AsiaPacific Fund

Last update 06 November 2018
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Schroder AsiaPacific Fund is a client of Kepler Trust Intelligence. Material produced by Kepler Trust Intelligence should be considered as factual information only and not an indication as to the desirability or appropriateness of investing in the security discussed.

Please see the important information by following this link or at the bottom of the page.

Investment objective

To achieve capital growth through investment primarily in equities of companies located in the continent of Asia (excluding the Middle East and Japan), together with the Far Eastern countries bordering the Pacific Ocean, with the aim of achieving growth in excess of the MSCI All Countries Asia excluding Japan Index in sterling terms (Benchmark Index) over the longer term.

Group/Investment

Schroder AsiaPacific

Ticker

SDP

Management Company

Schroders Investment Mgt North America

Manager Name

Matthew Dobbs

Association of Investment Companies (AIC) Sector

Asia Pacific - Excluding Japan

12 Mo Yield

1.3%

Dividend Distribution Frequency

Annually


Latest Market Capitalisation

£656,877,207

Latest Net Gearing (Cum Fair)

7%

Latest Ongoing Charge Ex Perf Fee

0.99%

Shares Outstanding

 167,570,716

Discount (Cum Fair)

-11.7%

Daily Closing Price

392p


Schroder AsiaPacific aims to generate long-term capital growth from a portfolio of emerging Asian equities.

The trust has performed well in recent years, with top quintile returns over three and five-year periods; this has been helped by exposure to the technology and consumer discretionary sectors, which the manager, Matthew Dobbs, believes are benefitting from and shaping secular growth trends.

Matthew has run the trust since it was launched in 1995, making him one of the most experienced fund managers in the UK and meaning he has worked through multiple market cycles. He draws on the research of a large team of analysts based on the ground across Asia.

The trust has a dividend yield of 1.5% and has grown its dividend in recent years. The managers caution however that there is no guarantee of it being equalled, or increasing, given the fact that capital growth is the priority and revenue reserves relatively low.

The trust’s discount has traded between 9% and 13% in recent years and currently sits around the middle of that range; the trust has not conducted buybacks since 2016 although the board does have the authority.

Important information

Schroder AsiaPacific Fund is a client of Kepler Trust Intelligence. Material produced by Kepler Trust Intelligence should be considered as factual information only and not an indication as to the desirability or appropriateness of investing in the security discussed.

Please see the important information by following this link or at the bottom of the page.

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Fund History: Schroder AsiaPacific Fund

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