Risk Warning
The value of investments and the income from them may go down as well as up and investors may get back less than the amount invested. The tax benefits relating to ISA investments may not be maintained. Please refer to the Key Facts documents contained in the ISA/Share Plan Brochure & Application form for general and specific investment risks attaching to the individual trusts.
Read the detailed Risk WarningPast Performance
Past performance is not a guide to future results.
See latest monthly factsheet below for performance history.
Daily Data
At close 21-May-2013
Ord| Price | 244.75p |
| NAV | 234.99p |
| Prem/-Disc | 4.15% |
Warrants
| Price | 118.75p |
Source: Morningstar, NAV = Net Asset Value, excluding income.
Literature
Trust Details
Aberdeen Asian Income Fund Limited
Registered Office:
No.1 Seaton Place,
St Helier,
Jersey
JE4 8YJ
Incorporated in Jersey with registered number 91671
Aberdeen Asian Income Fund Limited
Objective
The objective of Aberdeen Asian Income Fund Limited is to provide investors with a total return primarily through investing in Asian Pacific securities, including those with an above-average yield. The Company does not expect, at least initially, to have any significant Japanese exposure.
Aberdeen Asian Income Fund Limited Annual Report for the Year Ended 31 December 2012 Flavia Cheong, Investment Director
In this webcast, Flavia Cheong gives an update on a wide range of subjects including performance, sector and geographic breakdowns, and the twenty largest investments in the Company.
Update on C Share Issue
With effect from 4 February 2013, the Company's C Shares were converted into Ordinary Shares of no par value using a conversion ratio of 0.5092 Ordinary Shares for every one C Share held at the conversion record date of 1 February 2013.
In Search of Income Potential
September 2012
Manager's Monthly Report
April 2013
Market Review
Asian stock markets ended mixed in March, with benchmarks touching a seven-month low at one point, as Cyprus’ troubled banking sector reignited fears over sovereign risks in the eurozone.
This was despite generally positive economic news from the US and Asia. However, industrial production fell across the region in February, as weak exports affected the more open economies.
Inflation edged higher, led by China where prices accelerated to a 10-month high. India also raised fuel prices. Most central banks held interest rates steady but India cut policy rates by 25 basis points.
In politics, Australian prime minister Julia Gillard reshuffled her cabinet after a round of sackings and resignations following a failed leadership coup. Uncertainty heightened in India, where the Dravida Munnetra Kazhagam party, one of the key partners in the ruling coalition, withdrew because of differences over the treatment of Sri Lankan Tamils.
Portfolio Review
There were no major portfolio changes in March.
In results news, HSBC’s Hong Kong operations continued to deliver good results that offset one-off fines; it also raised its dividend payout. Venture Corp improved its operating profitability in the fourth quarter, although adverse currency movements affected revenues. Meanwhile, QBE Insurance expects its insurance profit margin to rise to 11% this year from 8% in 2012./p>
Outlook
The weakness in early March serves as a timely reminder that structural issues in Europe remain unresolved and that market sentiment can change quickly. While economic fundamentals in Asia are more robust and corporate profits are generally on a growth trajectory, we cannot count on similar levels of capital inflows in the coming months to buttress asset prices. Within the region,
Source: Monthly Factsheet Aberdeen Asset Managers Limited