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 14-Jun-2013
Ord| Price | 436.50p |
| NAV† | 532.30p |
| Prem/-Disc | -18.00% |
| Net Dividend Yield | 1.60% |
Source: Morningstar, NAV = Net Asset Value, excluding income.
† Basis of calculation for Net Asset Value
Beginning in mid-January 2007, the onshore and offshore currency rates for the Thai Baht diverged following the introduction of exchange controls in Thailand on 18 December 2006. With effect from 23 March 2007, this divergence had reached a material level such that the Trust opted to calculate and publish subsequent daily net asset values using the onshore Thai Baht rate to value Baht-denominated assets. This replaces the offshore rate used historically.
Literature
- Monthly Factsheet
- Weekly Market Report
- Monthly Market Report
- Annual Report & Accounts
- Half-Yearly Report & Accounts
- Notice of 2013 AGM
- Edison Research Note
- Subscription Shareholder Reminder Letter
- Aberdeen Planholder Subscription Share Reminder letter
- Subscription shares - 2009 Prospectus
- Portfolio Holding Summary
Trust Details
Aberdeen New Thai Investment Trust PLC
Registered Office:
Bow Bells House,
1 Bread Street
London
EC4M 9HH
Registered in England and Wales as an Investment Company Number 02448580
Aberdeen New Thai Investment Trust PLC
Objective
The objective of Aberdeen New Thai Investment Trust PLC is to provide shareholders with a high level of long-term, above-average capital growth through investment in Thailand.
Aberdeen New Thai Investment Trust PLC Half-Yearly Report for the six months ended 31 August 2012 Adithep Vanabriksha, Chief Investment Officer, Thailand
In this webcast, Adithep Vanabriksha gives an update on a wide range of subjects including performance, the twenty largest investments and the outlook for the Trust.
Investing in a balanced Asian economy
April 2012
Thailand – independent country report from The Economist
With the Thai economy booming, global investors have taken a shine to the country. But could the risks facing investors rise again?
Find out more about Thailand by reading a specialist country report by The Economist Intelligence Unit.
Thailand Country Report(The information in this report is accurate as of April 2013)
Following the final Subscription Date (31 January 2013) for the exercise of outstanding Subscription Shares, a Trustee was appointed by the Company. The Trustee determined that there would be sufficient net proceeds from the sale of Ordinary Shares arising on the exercise of all outstanding Subscription Shares and 406,493 outstanding Subscription Shares were duly exercised. The net proceeds from the sale of the resultant Ordinary Shares after deduction of the Subscription price of 200p together with all associated fees, costs and expenses (including brokerage charges) should be received by Subscription Shareholders no later than 28 March 2013. Aggregate entitlements per holder of under £5.00 shall be retained for the benefit of the Company.
Manager's Monthly Report
May 2013
Market review
Indian equities rose in April on hopes that easing price pressures will spur policymakers to further loosen monetary policy. At the time of writing, the central bank cut its benchmark repo rate by 25 basis points to 7.25%.
The current account deficit rose to a record in the December-quarter.
The local car market contracted in the year to March as high borrowing costs and fuel prices dampened demand. Manufacturers responded by cutting production and tapping the export market.
Portfolio Review
In April, we continued to build our position in cement maker ACC.
In portfolio-related news, Anglo-Dutch company Unilever made an offer to increase its stake in our holding Hindustan Unilever to 75% in a deal worth US$5.4 billion. Separately, the local subsidiary reported solid full-year sales and earnings, with all segments delivering good operating profits. Healthy domestic and Indonesian revenues bolstered Godrej Consumer Products’s final quarter, while robust loan growth boosted ICICI Bank and HDFC Bank. Tata Consultancy Services’s full-year net earnings grew 34%, whereas Infosys reported a more modest expansion of 8% as it continued to restructure its business to regain growth momentum. Meanwhile, the economic slowdown affected March quarterend sales for Hero MotoCorp, Castrol India and UltraTech Cement.
Outlook
Looking ahead, the domestic manufacturing and services sectors are likely to lose momentum, as foreshadowed by their respective purchasing managers’ indices. However, any hopes of further interest rate cuts have been dashed by the Reserve Bank of India’s warning of resurgent inflationary pressures. The government’s commitment to carry through its reform drive has become an economic imperative, as much to revive faltering growth as it is to reassure investors.
Source: Monthly Factsheet Aberdeen Asset Managers Limited