Martin Currie Asia Unconstrained Trust half year results 2017
Martin Currie Asia Unconstrained Trust has announced positive results for the six-month period ending 30 September 2017.
16 November 2017
Harry Wells, Chairman, commented:
The base case for investing in Asia remains compelling, with strong consumption, inter-regional trade and infrastructure programmes driving growth at the company level. Valuations are not particularly demanding and, with a general improvement in corporate governance resulting in improved capital management, we should see better returns flowing through to shareholders. The portfolio appears well positioned to capture these trends.
Full results are available in the Martin Currie Asia Unconstrained Trust interim report 2017.
Source: Martin Currie, for the six months period to 30 September 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. The net asset value is inclusive of income with dividends re-invested.
Past performance is not a guide to future returns.
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 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.