Aberdeen All Asia Inv Tst PLC
04 February 2008
Aberdeen All Asia Investment Trust PLC
Interim Management Statement - 3 months ended 31 December 2007
To the members of Aberdeen All Asia Investment Trust PLC
This Interim Management Statement ("IMS") has been produced solely to provide
additional information to shareholders as a body to meet the relevant
requirements of the UK Listing Authority's Disclosure and Transparency Rules. It
should not be relied upon by any other party or for any other purpose.
This IMS relates to the period from 1 October 2007 to 31 December 2007, and
contains information that covers this period and up to the date of publication
of this interim management statement unless otherwise specified.
Investment objective
To generate capital growth from a concentrated portfolio of companies domiciled,
operating or generating revenue in the Asia Pacific region including Japan
Benchmark
MSCI All Countries Index Asia Pacific (including Japan).
Material events
A total of 248,400 ordinary shares were bought back by the Trust for
cancellation in the period from 1 October 2007 to 31 December 2007 while a
further 65,000 ordinary shares were bought back for cancellation between 1
January 2008 and the date of this IMS. On 18 January 2008, the Trust announced
the purchase by Aberdeen Asset Management PLC of 2,253,046 ordinary shares or
13.7% of the Trust's ordinary shares with voting rights, at the time of
purchase.
The Board is not aware of any other significant events or transactions which
have occurred during the 3 months ended 31 December 2007, or between 1 January
2008 and the date of publication of this IMS, which would have a material impact
on the financial position of the Trust.
For the latest NAV and share price information and additional fund manager
commentary please refer to the Monthly Factsheet published on the Trust's
website, www.all-asia.co.uk
Ten largest equity holdings at 31 December 2007
%
Aberdeen Global-India Opportunities 10.5
Samsung Electronics Pref. 3.5
Rio Tinto 3.3
Honda Motor 3.1
Canon 3.0
Swire Pacific B 2.7
Overseas-Chinese Banking Corp. 2.7
QBE Insurance 2.6
United Overseas Bank 2.5
Takeda Pharmaceutical 2.5
__________
Total 36.4
__________
Total number of investments 56
Country allocation as at 31 December 2007
Country %
Japan 23.3
Singapore 16.6
Hong Kong 12.6
India 10.5
Korea 9.4
Australia 7.4
China 4.8
Taiwan 4.6
Malaysia 4.3
Thailand 3.4
Philippines 1.6
Cash 1.5
__________
Total 100.0
__________
General description of Company's financial position and performance as at 31
December 2007
£m
Gross Assets 47.9
Debt 2.9
Prior charges Nil
Gearing 6.4%
Cumulative performance (%)
As at
31/12/2007 1 month 3 months 6 months 1 year 3 years* 5 years*
Share Price 242.0 1.3 4.3 6.6 14.4 53.2 150.8
NAV 274.0 3.3 3.0 8.1 15.4 60.6 145.4
MSCI AC Asia 0.7 (0.8) 5.1 12.7 59.9 124.0
Pacific (inc.
Japan)
Discrete performance (%)
Year ending 31/12/2007 31/12/2006 31/12/2005 31/12/2004 31/12/2003
Share Price 14.4 (9.2) 47.5 13.7 44.0
NAV 15.4 (2.3) 42.4 8.5 40.8
MSCI AC Asia Pacific 12.7 2.5 38.4 10.6 26.7
Total Return; NAV to NAV, Net Income Reinvested, GBP. Share price total return
is on a mid-to-mid basis. Dividend calculations are to reinvest as at the
ex-dividend date.
Source: Aberdeen Asset Managers, Factset, Financial Times and Fundamental Data
* Disclosure:
Since 10/11/2006; Aberdeen All Asia Investment Trust has been managed by
Aberdeen Asset Management Asia Limited. Where relevant, historic performance
(cumulative and discrete) is based on prices and net asset values while the
Company was managed by Gartmore Investment Limited to 9 November 2006,
thereafter Aberdeen Asset Management Asia Limited.
Please note that past performance is not necessarily a guide to the future and
that the value of investments and the income from them may fall as well as rise.
Investors may not get back the amount they originally invested.
For Aberdeen All Asia Investment Trust PLC
Aberdeen Asset Management PLC, Secretaries
4 February 2008
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
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