The Henderson TR Pacific Investment Trust plc seeks a high rate of total return from companies operating primarily in the Pacific region including India, but excluding Japan and Australasia.
Key Facts
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Experience counts
Andrew Beal has managed the trust since 2005, and has specialised in the Asia Pacific region since 1994.
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Built on 'best ideas'
High conviction portfolio of 40-60 stocks focusing on capital growth.
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Aiming for high returns
It targets a high total return using a ‘bottom-up’ focus on companies that are moderately valued and show a sustained improvement in operating performance.
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Diversify into Asia
The trust is ideal for investors who want to benefit from exposure to Asian markets, including two of the fastest developing economies in the world – China and India.
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Reasons to Invest
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Exposure to dynamic economiesGives investors access to the markets most likely to drive global growth over the next 25 years.
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Focus on growth
The Asia-Pacific region offers some of the most exciting growth opportunities anywhere in the world.
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Motivated to achieve
A performance fee closely aligns the interest of the manager with those of the shareholders.
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In-depth expertise
The fund manager is a leading expert on Asian equities, and appears regularly on Bloomberg TV and CNBC to give views of the Asian market.
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Price
| Price | NAV
02/07
2009 | Div Yield
(Net) | Discount |
|---|
| 130.8 | 141.5 | 1.8 | -7.99 |
As at
03/07/2009
Source: Financial Express
Fund Manager's Commentary - May 2009
Asian markets were strong in May as economic and company earnings data continued to point to stabilisation and potential recovery, following dramatic falls over the last six months. Elsewhere,
India led the markets following a much stronger-than- expected result for the incumbent Congress
party in the country’s general election, which raised the prospects of a further acceleration in
economic reform. Hong Kong and China also performed well on further signs of recovery in
property markets and strength in cyclical shares, driven by an improving outlook for growth.
The trust added Standard Chartered Bank this month, in anticipation of a significant improvement in earnings, given better-than-expected non-performing loan numbers, diminished competition and new regulations, which allowed the expansion of the bank’s network in China and more international Chinese foreign currency transactions. In addition to this, we added to our existing holding in Suntech
Power during a capital raising, due to improving prospects for the solar power markets in Europe,
Asia and the US.