Fact sheet: Invesco Asia Trust plc

Fund information
Fund name
Invesco Asia Trust plc
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund managers
  • Ian Hargreavessince 01/02/2011
Fund objective
The Company’s objective is to provide long-term capital growth by investing in a diversifi ed 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).
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
No data available.
Quick stats
1 Year return
40.1%
1 Year rank in sector
5/15
Sector
IT Asia Pacific excluding Japan Equities
Yield
1.4%
Ongoing charge (OCF)
?A fund’s ongoing charges figure (OCF) is similar to the old-style total expense ratio. It reflects the annual charge to investors in the fund, in percentage terms, but does not include extra performance-related fees (where these are levied) or the fund’s trading expenses on its underlying investments.
1.01%
Fund size
£215m
FE Risk score
?FE Risk Scores measure the riskiness of instruments relative to the FTSE 100 index of shares. Weekly volatility is measured over three years with recent behaviour counting more heavily than earlier behaviour. Cash-type investments will have scores close to zero. Funds will tend to have scores in the 0-150 range. The FTSE 100 is always scored at 100. There is no upper limit.
126
Mid price
257.5
NAV
?Net asset value. The NAV per share may be higher or lower than the share price, which in turn is trading at either a discount or a premium to NAV.
297.1
Discount/Premium
?When the market price of an investment trust’s shares is less than the net asset value (NAV) per share then it is trading at a discount to NAV. A trust’s shares are on a premium when they trade at a higher price than the NAV.
-13.33
Gearing
?Investment trusts have the ability to borrow money which they invest with the aim of generating a higher return than the cost of the loan. An ungeared trust has a figure of 100. A figure of 110 would represent a trust with 10% gearing.
100
Top in this sector
Fund name1 Year
Fd Asn Valu PLC49.6%
JP Morgan Asian IT plc45%
Schroder Asia Pacific42.8%
ScrdrAsnTtlRetnInvstCo40.4%
Invesco Asia Trust plc40.1%
...more in IT Asia Pacific excluding Japan Equities

Performance snapshot

Holdings snapshot

  • China22.6%
    Korea20.9%
    Hong Kong18.4%
    Taiwan14.6%
    India14.5%
  • No data available.
  • Chinese Equities22.6%
    South Korean Equities20.9%
    Hong Kong Equities18.4%
    Taiwanese Equities14.6%
    Indian Equities14.5%

Performance vs Sector

Cumulative performance
 1 mth3 mth6 mth1 yr3 yr5 yr
Fund0.3%7.5%4.3%40.1%66.4%92.7%
Sector2%6.9%5.2%36.1%50.2%70.6%
Rank within sector15 / 158 / 159 / 155 / 154 / 153 / 15
Quartile4th3rd3rd2nd2nd1st
Calendar performance
 YTD - 20172016201520142013
Fund12.6%28.8%-0.3%16.8%6.6%
Sector11%28.9%-6.1%11.7%1.3%
Rank within sector7 / 155 / 153 / 153 / 153 / 15
Quartile2nd2nd1st1st1st
Risk statistics
Alpha
?Alpha is a measure of a fund's over- or under-performance by comparison to its benchmark. If the Alpha is 5, the fund has outperformed its benchmark by 5%; so the greater the Alpha, the greater the outperformance.
2.09
Beta
?Beta estimates a fund's volatility by comparison to that of its benchmark. A fund with a beta close to 1 means that the fund will move generally in line with the benchmark. Higher than 1 and the fund is more volatile than the benchmark and vice versa.
1.15
Sharpe
?This commonly-used measure calculates the level of return over and above the return of a notional risk-free investment, such as cash. The difference in returns is then divided by the fund's volatility. The resulting ratio is an indication of the amount of excess return generated per unit of risk.
1
Volatility
?Volatility (or standard deviation), when applied to an investment fund, expresses its risk. It shows how widely a range of returns varied from the fund's average return over a particular period. For example, if a fund had an average return of 5%, and its volatility was 15, this would mean that the range of its returns over the period had swung between +20% and -10%.
16.65
Tracking error
?This measures the standard deviation of a fund's excess returns over the returns of an index or benchmark portfolio. As such, it can be an indication of 'riskiness' in the manager's investment style. A Tracking Error below 2 suggests a passive approach. At 3 and above the the manager will be deploying a more active investment style.
4.83
Information ratio
?This is a useful risk-adjusted measure of actively managed fund performance. It is calculated by deducting the returns of the fund's benchmark from the fund's overall returns, then dividing the result by its tracking error. The higher the Information Ratio the better. It is generally considered that a figure of 0.5 reflects a good performance, 0.75 very good, and 1.00 outstanding.
0.83
R-Squared
?An indication of how closely correlated a fund is to an index or a benchmark. Values for R-Squared range between 0 and 1, with 0 indicating no correlation at all and 1 showing a perfect match. Values upwards of 0.7 suggest that the fund's behaviour is increasingly linked to its benchmark.
0.93
Price movement
52 week high266
52 week low175
Current bid price257.5
Current offer price260
Current mid price257.5
Region
1China22.6%
2Korea20.9%
3Hong Kong18.4%
4Taiwan14.6%
5India14.5%
6Indonesia3.1%
7Singapore2.1%
8Australia1.4%
9Philippines1.3%
Industry sector
No data available.
Asset type
1Chinese Equities22.6%
2South Korean Equities20.9%
3Hong Kong Equities18.4%
4Taiwanese Equities14.6%
5Indian Equities14.5%
6Indonesian Equities3.1%
7Singapore Equities2.1%
8Australian Equities1.4%
9Philippine Equities1.3%
Individual holdings
1SAMSUNG ELECTRONICS CO7.7%
2NETEASE INC4.9%
3UPL3.8%
4TAIWAN SEMICONDUCTOR MANUFACTURING3.6%
5CHINA MOBILE LTD3.5%
6HDFC BANK LTD3.4%
7BAIDU INC3.3%
8AIA GROUP LTD3.1%
9HYUNDAI MOTOR CO3.1%
Management
Fund manager group
Invesco Perpetual
Fund manager company
Invesco Asset Management
Fund type
Investment Trust
Fund objective
The Company’s objective is to provide long-term capital growth by investing in a diversifi ed 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).
Benchmark
  • MSCI AC Asia ex Japan
Investment style
Growth
Investment method
No data available.
Fund managers
NameSinceBiography
Ian Hargreaves01/02/2011Ian joined the company in 1994 as an investment analyst where he was responsible for coverage of Indonesia, Korea and the Indian sub-continent, as well as managing several regional institutional client accounts. In January 2005, after more than 10 years with Invesco in Hong Kong, Ian decided to return to the UK to join the Henley-based Asian Equities team. Ian now manages pan-Asian portfolios alongside Stuart Parks and is specifically responsible for covering the Hong Kong/China markets as well as markets in South East Asia, namely, Singapore, Malaysia, Thailand and Indonesia. He holds a BA (Hons) in Chinese Studies from Durham University and is a Chartered Financial Analyst.
Compliance
AIC Member
Domicile
No data available.
Fund for sale in
United Kingdom
Invesco Asia Trust plc
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price292.35
CurrencyGBX
Price updated24/03/2017
TypeAccumulation
Institutional or retail classRetail
Domicile-
Citi codeNJDS
Invesco Asia Trust plc NFV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price297.1
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBK4
Invesco Asia Trust plc NPV
Initial charge-
Annual charge-
Min single investment£0
Min regular saving£0
Available in ISANo
Ongoing charge (OCF)-
Total expense ratio (TER)-
Bid price-
Offer price-
Mid price297.1
CurrencyGBX
Price updated24/03/2017
Type-
Institutional or retail classRetail
Domicile-
Citi codeEBK5
Data provided by

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