Edison Investment Research - Aberdeen New Thai Investment Trust PLC (ANW) Aberdeen New Thai Investment Trust - Fast-growing region supports growth prospects

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Edison Investment Research

Pedro Fonseca

Aberdeen New Thai Investment Trust - Fast-growing region supports growth prospects

Aberdeen New Thai Investment Trust (ANW) is the only London-listed investment trust specialising in Thai equities. It aims to deliver a high level of long-term capital growth, employing a bottom-up approach to invest in a relatively concentrated portfolio of around 40 stocks, representing the managerâ€™s highest-conviction ideas. The trust has delivered strong absolute returns over the past 10 years, with an annualised NAV total return of 15.4%. Thai companies are well-placed to benefit from the rapid growth of its less-developed neighbours of Cambodia, Laos, Myanmar and Vietnam (CLMV), which offer a large and significantly underpenetrated market for goods and services.

11/11/2019 9 EN

Underlying

Aberdeen New Thai Investment Trust PLC

Aberdeen New Thai Investment Trust is a closed-end investment company. Co. provides shareholders with a high level of long-term, above average capital growth through investment in Thailand. Co.'s assets are invested in a portfolio of securities (substantially in the form of equities or equity-related securities such as convertible securities and warrants) in companies. Co. has appointed Aberdeen Fund Managers Limited (AFML), a wholly-owned subsidiary of Aberdeen Asset Management PLC, as its alternative investment fund manager. AFML provides Co. with investment management, risk management, administration and company secretarial services as well as promotional activities.

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GB0000059971 London Stock Exchange United Kingdom

Provider

Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts

Pedro Fonseca

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Aberdeen New Thai Investment Trust - Repositioned and ready to bounce on recovery

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Aberdeen New Thai Investment Trust - Fast-growing region supports growth prospects

Aberdeen New Thai Investment Trust - Repositioned and ready to bounce on recovery

Aberdeen New Thai Investment Trust - Positive prospects for long-term investors

AGBA - A transformational deal

Biodexa Pharmaceuticals - In a period of transition

Norcros - Sale of Johnson Tiles UK agreed

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