Report
James Carthew

Market setback creates opportunities

Aberdeen New Dawn (ABD) has been using recent falls in Asian markets to reduce its underweight exposure to China (Chinese stocks dominate ABD’s benchmark). The manager has become more comfortable with the Chinese market (see page 13) and has demonstrated its ability to pick stocks, delivering strong outperformance from its open-ended fund focused on the China A share market; this fund forms part of ABD’s portfolio (see page 9). In recent years, ABD’s performance relative both to its peer group and its benchmark has stabilised. The manager is determined to improve on this and believes the portfolio’s focus on quality and value will be rewarded.

Underlying
Aberdeen New Dawn Investment Trust PLC

Aberdeen New Dawn Investment Trust is an investment trust. Co. focuses on providing private and institutional investors capital growth through equity investment. Co.'s assets are invested in a diversified portfolio of securities in quoted companies spread across a range of industries and economies in the Asia Pacific region excluding Japan. Investments may also be made through collective investment schemes and in companies traded on stock markets outside the Asia Pacific region. Co.'s portfolio is managed by Aberdeen Asset Management Asia Limited, a wholly-owned subsidiary of Aberdeen Asset Management PLC.

Provider
QuotedData Retail
QuotedData Retail

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Analysts
James Carthew

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