Aberdeen Asia Pacific A Income
Also available as accumulation units
At a glance
| Initial charge | 4.25% |
|---|---|
| Initial saving | 4.25% |
| Annual charge | 1.75% |
| Annual saving | 0.375% ² |
| Total Expense Ratio | 1.88% |
| Launch date | 01-02-1987 |
| Launch price | £0.25 |
| Sector | Asia Pacific Ex Japan |
| Fund size | £1,120 million |
| Number of holdings | 60 |
| Fund type | OEIC |
| Type of units | Income |
Ways to Invest
Find out how to invest in this fundHL Research - Our view on this Fund
This fund has proven resilient compared to its peers. Its low exposure to China, which has been one of the biggest decliners this year, has helped. Even though India proved volatile at the start of the year, Hugh Young’s cautious approach has held the fund in good stead. He expects market sentiment to remain swayed by the unfolding crisis in credit markets although notes that Asia has very little actual exposure to the main concerns.
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About the Fund Manager
Hugh Young
Located in: Singapore
Hugh Young is managing director of Singapore-based Aberdeen Asset Management Asia Limited ('Aberdeen Asia'), which he set up in 1992 as the Group's Asia-Pacific headquarters. He is also a member of the executive committee responsible for day-to-day running of its parent company, Aberdeen Asset Management PLC, and Group head of equities. Aberdeen Asia looks after all the Group's regional funds. Domestic funds are additionally run from offices in Sydney,Australia and Bangkok,Thailand, over which he is also in overall charge, in the latter case as CEO. In addition there is a sales office in Hong Kong. In January 2002, Hugh became Group head of emerging markets, having responsibility for Europe, Middle East and Africa (EMEA) and Latin America, as well as Asia. Hugh has over 23 years' experience in fund management and has managed the Group's Asian assets since 1985, including award-winning mutual funds and closed-end funds. He holds a number of outside directorships and is a regularly sought for his comments by the financial media. Before joining Aberdeen his career included posts at Fidelity International and MGM Assurance. He graduated with a BA (Honours) degree in politics from Exeter University in the United Kingdom.
Income details
| Running yield | 0.08% (net) |
|---|---|
| Income paid | Annually |
| Type of payment | Dividend |
All yields are variable and not guaranteed. The information is correct as at 30-11-2007.
Distribution dates
| Ex-dividend date | 01 August 2008 |
|---|---|
| Payment date ³ | 31 October 2008 |
Top 10 holdings
| Aberdeen Global India Opportunities Class D | 4.67% |
|---|---|
| Qbe Insurance Group | 4.58% |
| Oversea-Chinese Banking Corp. | 4.07% |
| Samsung Electronics Co. Ltd. Pfd. Series 1 | 3.72% |
| Taiwan Semiconductor Manufacturing | 3.34% |
| United Overseas Bank | 3.32% |
| Rio Tinto | 3.22% |
| Jardine Strategic Holdings | 3.21% |
| Singapore Telecommunications | 3.15% |
| Standard Chartered | 3.01% |
Top 10 sectors
| Banks | 20.39% |
|---|---|
| General Industrials | 8.00% |
| Travel & Leisure | 5.95% |
| Real Estate Investment & Services | 5.27% |
| Oil & Gas Producers | 4.95% |
| Technology Hardware & Equipment | 4.86% |
| Nonlife Insurance | 4.58% |
| Mobile Telecommunications | 4.42% |
| Software & Computer Services | 3.93% |
| Bonds | 3.72% |
Top 10 countries
| Singapore | 26.15% |
|---|---|
| Hong Kong | 14.49% |
| India | 14.38% |
| South Korea | 7.45% |
| United Kingdom | 6.24% |
| Taiwan | 5.76% |
| Australia | 5.43% |
| Malaysia | 4.86% |
| Thailand | 4.15% |
| Cash and Equiv. | 2.93% |
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.
