Newton Asian Income Income
At a glance
| Initial charge | 4.00% |
|---|---|
| Initial saving | 4.00% |
| Annual charge | 1.50% |
| Annual saving | 0.200% ² |
| Total Expense Ratio | 1.71% |
| Launch date | 30-11-2005 |
| Launch price | £1.00 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £123 million |
| Number of holdings | 46 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
Full research
About the Fund Manager
Jason Pidcock
Located in: London
May 1996 - Aug 2004 Fund manager - BP Investment Management
Dec 1993 - May 1996 Assistant fund manager - Henderson Global Investors
Jason has nearly 11 years experience of investing in the Pacific ex-Japan stock markets. In his last role with BP Jason was responsible for managing the majority of the Pacific ex-Japan portion of the BP pension fund. This Fund is around £10 billion in size and the allocation to the Pacific ex-Japan region was around 5% (around £500 million) Jason was responsible for stock selection and asset allocation in Hong Kong, China, Australia, Singapore, Malaysia, Thailand, Indonesia and the Philippines, while his colleague covered Korea, India and Taiwan.
As the numbers detailed below show Jason has an excellent performance track record against both his benchmark and his peer group. Over the past 3 years the Pacific ex-Japan portion contributed the most in the way of performance to the BP Fund.
Income details
| Running yield | 3.70% (net) |
|---|---|
| Income paid | Quarterly |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-09-2007.
Distribution dates
| Ex-dividend date | 01 January 2008 |
|---|---|
| Payment date ³ | 28 February 2008 |
1 of 4 
Top 10 holdings
| Telstra Corp. | 4.95% |
|---|---|
| Santos | 4.32% |
| Taiwan Cellular Corp. | 3.61% |
| Taiwan Semiconductor Manufacturing | 3.49% |
| CNOOC | 3.11% |
| Link Real Estate Investment Trust | 3.10% |
| Macquarie Airports | 2.91% |
| Qbe Insurance Group | 2.85% |
| Hopewell Highway Infrastructure | 2.83% |
| Parkway Life Real Estate Investment Trust | 2.79% |
Top 10 sectors
| Mobile Telecommunications | 12.81% |
|---|---|
| Industrial Transportation | 10.20% |
| Technology Hardware & Equipment | 9.97% |
| Oil & Gas Producers | 9.88% |
| Real Estate Investment Trusts | 9.71% |
| Real Estate Investment & Services | 5.64% |
| Construction & Materials | 5.10% |
| Fixed Line Telecommunications | 4.95% |
| Banks | 4.27% |
| Electricity | 3.00% |
Top 10 countries
| Australia | 28.73% |
|---|---|
| Hong Kong | 17.27% |
| Taiwan | 15.04% |
| Singapore | 12.44% |
| Thailand | 6.85% |
| Malaysia | 4.51% |
| South Korea | 4.40% |
| Philippines | 3.96% |
| Managed Funds | 2.84% |
| Cash and Equiv. | 1.75% |
² Annual saving is not available in the SIPP.
³ If you elect to receive the income from a Vantage ISA, Fund or Share Account, we will collect any dividends for you and then pay them directly into your bank account within the first 10 working days of the following month.
Last valuation as at 21-11-2008. Data accurate as at 30/09/2008.
