Annual results 2017
The annual results for Martin Currie Asia Unconstrained Trust have been published for the financial year to 31 March 2017.
Shareholders should note the improved performance and recalibration of the dividend policy, allowing for a generous yield while having every expectation of future capital growth.”
Source: Martin Currie, for the 12 months period to 31 March 2017. Ongoing charges are calculated as a percentage of shareholders’ funds using average net assets over the year and calculated in line with AIC’s recommended methodology. All expenses are included in the ongoing charges calculation. The net asset value is inclusive of income with dividends re-invested.
The value of investments and the income from them may go down as well as up and is not guaranteed. An investor may not get back the amount originally invested. Investors may be subject to tax on their dividends. The yield is calculated using the dividend per share divided by the year end share price, share price as at 31 March 2016 was 364.5p.
The majority of charges will be deducted from the capital of the company. This will constrain capital growth of the company in order to maintain the income streams. There is a risk to capital as a result of proposed change to dividend policy.