Pacific Assets (Ordinary Share) PAC

Asia Pacific - Excluding Japan

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Estimated NAV (p)

205.00

Share Price (p)

196.85

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Pacific Assets (Ordinary Share) Price 77.40%
Pacific Assets (Ordinary Share) NAV 66.71%
MSCI AC Asia Pac ex Jap 21.17%
Total Returns on £1000

Discount / Premium Movement

Discount / Premium Movement

Shares

Share Type Yesterday's
Closing Price
Discount / Premium Diluted NAV Gearing Dividend
Est Last
Ordinary Share 196.8p -3.9% 205.00p 206.00p
28 Jan
100% 1.32%

Discrete performance % over

Fund / BenchmarkFeb '12
Jan '13
Feb '13
Jan '14
Feb '14
Jan '15
Pacific Assets (Ordinary Share) Price28.362.1235.34
Pacific Assets (Ordinary Share) NAV26.11-0.6233.02
MSCI AC Asia Pac ex Jap14.14-3.5910.12

Discrete performance over

Discrete Performance

Top 10 Holdings

Tech Mahindra 6.63%
Marico Ltd. 5.17%
Taiwan Semiconductor Manufacturing Co 4.72%
Vitasoy International Holdings Ltd. 4.50%
Delta Electronics (Thailand) Public Comp 4.16%
E.Sun Financial Holding Company, Ltd. 3.60%
Standard Foods Corporation 3.60%
Manila Water Company 3.60%
Kotak Mahindra Bank 3.49%
Idea Cellular Ltd. 3.49%

Sectors weighting

General Equity 89.00%
Net Current Assets 11.10%

Regional weighting

Other Countries 51.00%
Taiwan 17.00%
Cash/Cash Equiv. 11.00%
Singapore 7.00%
Hong Kong 5.00%
China 5.00%
South Korea 3.00%
  • Investment trust info:

  • Sector Asia Pacific - Excluding Japan
  • Launch Date 01 Jan 1985
  • Base Currency GBX
  • Domicile UK
  • Share Price (p) 196.85
  • Share Type Ordinary Share
  • TIDM PAC
  • ISIN GB0006674385
  • Shares Issued (M) 117
  • Market Capital (£M) 229.90
  • Gross Assets (£M) 239.11
  • Net Assets (£M) 239.11
  • TER (%) 1.27
  • Historic Dividend Yield (%) 1.32
  • Last AGM 24 Jun 2014
  • Next AGM 24 Jun 2015
  • Last Annual Report Date 30 Apr 2014
  • Next due Report Date 31 Jan 2015
  • Next due Report Type A/R
  • Objective:

  • To achieve long-term capital growth through Asian Pacific and Indian subcontinent (ex Japan, Australia and New Zealand) equities.
  • Management Group(s):

  • F&C Investment Business Ltd
  • First State Investment Management (UK) Ltd
  • Managed by:

  • David Gait Start: 01 Jul 2010
  • Sashi Reddy Start: 01 Apr 2014
  • Management Contract & Fees:

    First State has been employed for an initial three year term from 01-Jul-10 with six months' notice thereafter. A management fee of 0.75% p.a. of net assets is to be paid. There is an additional performance component at the rate of 12.5% of returns in excess of the MSCI All Country Asia ex Japan Index plus 1.75% per annum, measured over a rolling three year period. The Board has capped total annual investment management fees at 1.75% of net assets. Frostrow Capital LLP will provide company secretarial, accounting, administration and marketing services. A fee of 0.2% of market capitalisation will be payable for this service. Frostrow has agreed to waive 3 months fees and to absorb certain other costs in order to assist with the management transition.