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Aberdeen New Thai Investment Trust (ANW)

Business description

Aberdeen New Thai Investment Trust's investment objective is to provide shareholders with long-term, above-average capital growth through investment in Thailand. Its assets are invested in a diversified portfolio of securities – substantially in the form of equities or equity-related securities such as convertible securities and warrants – in companies spread across a range of industries quoted on the Stock Exchange of Thailand (SET).

Share price chart

Share chart

Stock data

Market cap.£53.4m
Last close287.00p
High / Low (52 weeks)287.0p / 234.0p
Stock market listingFULL
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies & Trusts
SectorInvestment Trusts

Price performance

%1m3m12m
Actual4.4613.117.14
Relative *(1.21)4.5520.73

* % Relative to local index

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Investment summary

Reflecting broader difficulties in global equity markets the Thai SET (sterling adjusted) has fallen 1.4% during the past 12 months. Against this backdrop, Aberdeen New Thai (ANW) has added value, in absolute terms, returning 0.8% and 1.7% in terms of NAV and price total return respectively. However, during the past 12 months, ANW has provided substantial outperformance against broader Asian stock markets, as measured by the MSCI AC Asia Ex-Japan Index, and has also outperformed the FTSE World Index. This pattern is consistent over the longer term with ANW providing some very compelling outperformance. ANW currently offers the highest yield in the ‘Country specialist: Asia Pacific’ sub sector.

Last updated on 28/11/2011

Key management

Keith Falconer, Chairman

Company address

97 Haymarket Terrace
Edinburgh
EH12 5HD
United Kingdom
0131 313 6402
View website



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