Scottish Oriental Smaller Cos (Ordinary Share) SST

Asia Pacific - Excluding Japan

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Estimated NAV

857.00

Share Price

744.35

Total Returns on £1000 over 

Fund / Benchmark Total returns(%)
Scottish Oriental Smaller Cos (Ordinary Share) Price -13.18%
Scottish Oriental Smaller Cos (Ordinary Share) NAV 0.78%
MSCI AC Asia Pac ex Jap -4.95%
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 739.5 -13.8% 857.00 854.00
25 May
108% 1.56%

Discrete performance % over

Fund / BenchmarkJun '13
May '14
Jun '14
May '15
Jun '15
May '16
Scottish Oriental Smaller Cos (Ordinary Share) Price-12.1316.07-14.87
Scottish Oriental Smaller Cos (Ordinary Share) NAV-4.5914.67-7.89
MSCI AC Asia Pac ex Jap7.947.25-17.89

Discrete performance over

Discrete Performance

Top 10 Holdings

Taiwan Familymart Co 3.47%
Petra Foods Limited 3.47%
Raffles Medical 3.25%
Tong Ren Tang Technologies Co. Ltd. 3.25%
Marico Ltd. 3.02%
Amorepacific Corp 2.91%
Standard Foods Corporation 2.91%
Minth Group 2.80%
Interplex Holdings 2.69%
Lu Thai Textiles 2.35%

Sectors weighting

Consumer Staples 19.20%
General Industrials 15.80%
Consumer Discretionary 15.70%
Finance - General 12.50%
Information Technology 11.70%
Net Current Assets 11.50%
Healthcare 8.00%
Materials 5.40%
Telecommunications 3.50%
Utilities 3.30%
Energy 0.70%
Debt - General -7.30%

Regional weighting

Other Countries 36.00%
China 15.00%
Singapore 15.00%
Taiwan 12.00%
Cash/Cash Equivalent 12.00%
Hong Kong 6.00%
South Korea 4.00%
  • Investment trust info:

  • Sector Asia Pacific - Excluding Japan
  • Launch Date 29 Mar 1995
  • Currency GBX
  • Domicile UK
  • Share Price 744.35
  • Share Type Ordinary Share
  • TIDM SST
  • ISIN GB0007836132
  • Shares Issued (M) 31
  • Market Capital (£M) 229.87
  • Gross Assets (£M) 286.51
  • Net Assets (£M) 266.51
  • TER (%) 1.02
  • Historic Dividend Yield (%) 1.56
  • Last AGM 19 Feb 2016
  • Next AGM 19 Feb 2017
  • Last Annual Report Date 23 Dec 2015
  • Next due Report Date 31 Aug 2016
  • Next due Report Type A/R
  • Objective:

  • To achieve long-term capital growth through mainly smaller Asian, ex Japan & Australasia quoted companies with a market capitalisation less than US$1,500m.
  • Management Group(s):

  • First State Investment Management (UK) Ltd
  • Managed by:

  • Martin Lau Start: 01 Jul 2015
  • Wee-Li Hee Start: 01 Jul 2014
  • Management Contract & Fees:

    Management agreement with First State Investments terminable on one years notice. Management fee includes a base fee and a performance fee. The base fee should be 0.75% per annum of its net assets payable quarterly in arrears. In addition an annual performance fee may be payable to the Investment Manager. The total fee payable to the Investment Manager is capped at 1.5 per cent per annum of the Company's net assets. The performance fee is based on the Company's Share Price Total Return (SPTR), taking the change in share price and dividend together, over a three year period. If the Company's SPTR exceeds the SPTR of the Company's benchmark index (the MSCI AC Asia ex Japan Index) over the three years' period plus 10% points then a performance fee is payable to the Investment Manager. The objective of the performance fee is to give the Investment Manager 10% of the additional value generated for shareholders by such outperformance. On 16-Apr-15, the Company announced that in the event that the Company is able to make a substantial return of capital earlier than anticipated, the exit fee payable to the Manager will apply as it would have done if funds had been returned after five and a half years in line with the Company's investment strategy, provided that such exit fee will not exceed the sum of £300,000 in respect of amounts returned to the Company's shareholders prior to 1 October 2015.