Past performance is not a guide to future performance. Past performance information of the fund for five years, updated to the most recent quarter end, can be found on the Fund Performance page of this website.
The Board of Pacific Assets Trust plc (“Pacific Assets”) announced that the investment managers of the Company will change from F&C to First State Investments with effect from 1 July 2010. As a result, shares in Pacific Assets are no longer available as an investment option within the F&C Investment Trust Savings Schemes. Applications solely for shares in Pacific Assets will be returned to the applicant. Other applications will be processed normally; however the applicants will be requested to provide alternative instructions in place of the Pacific Assets element.
Pacific Assets Trust is managed with a very focused active strategy, and particular attention is paid to both asset allocation and stock selection.
The Trust has a growth bias, and is prepared to be opportunistic in its search of suitable investment opportunities in the Asia Pacific region and the Indian sub-continent, excluding Japan and Australasia.
The Trust has a strong focus on investment performance, and is managed with the aim of being a leader in its investment group.
Pacific Assets Trust plc is an investment company within the meaning of Section 833 of the Companies Act 2006. Registered in Scotland, Company Registration No. 91052. Registered Office: 80 George Street, Edinburgh EH2 3BU.
Highlights
Prepared to act quickly in search of investment opportunities
Employs gearing with the aim of selectively enhancing performance
Well-diversified exposure
Aim
To achieve long term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan and Australasia.
The yield is calculated on an historic basis using the actual dividends paid during the company's last financial year and the closing share price as at the end of the relevant month.
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Commentary on 2009 Results