ABRDN ASIA FOCUS PLC ORD GBP0.05

Symbol: AAS

Whilst we endeavour to price investments on a real-time streaming or 15 min delayed basis, some prices may be as at close of business from the previous working day.

Invest in this share within an ISA, JISA, SIPP or Investment Account

Past Performance

  • 9th Aug 2017 to 9th Aug 20182.84%
  • 9th Aug 2018 to 9th Aug 20194.53%
  • 9th Aug 2019 to 9th Aug 2020-11.03%
  • 9th Aug 2020 to 9th Aug 202145.18%
  • 9th Aug 2021 to 9th Aug 2022-3.96%

Key Information

Benchmark N/A
Sector IT Asia Pacific Smaller Companies
Gearing 111%
Ex-Dividend Date 26 May 2022
Dividend Pay Date 17 Jun 2022
Total Dividends - Year to Date4.8
Dividend Yield (%)1.8605

Net Asset Value (Nav)

Latest actual NAV 297.37
Latest actual NAV date 5/08/2022
NAV frequency Daily
Premium/Discount -14.33%

Charges

Total Ongoing Charges 
Please note that whilst we endeavour to show all charges associated with specific funds, sometimes this is not possible due to the information not being made available by the fund provider. In such cases transaction or incidental cost information may be missing.
1.581%
Performance Fee No
AMC 0.85%
Our Platform Charge
We charge a platform fee of 0.35% per annum on the value of all stocks & shares held across all accounts, minimum £24 and maximum £240 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here .
0.35%

Cost and Charges Information

This calculator provides you with costs and charges information regarding our charges and, where relevant, the costs within this investment product

Account Type

  • Investment Account
  • Stocks & Shares ISA
  • SIPP

Annual charges

These are the annual costs based on an initial investment amount of over 1 year assuming a net zero growth rate

Cost Category % of Investment lump sum costs
Our annual fee

Our annual fee

Includes our platform fee at 0.35% per annum for Funds (up to £250,000) and Stocks & Shares (min £24 max £240), plus SIPP administration fee (if applicable, only charged if <£30,000 held) - see here
0.35%
Dealing charges

Dealing charges

Any one-off commission charges associated with investing. Note that government taxes and levies are not included
N/A
Product provider costs

Product provider costs

Product provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs
1.581%
Total (£)

Total (£)

Costs per annum displayed in monetary value
Total (%)

Total (%)

Costs per annum displayed as a percentage of investment value

Cumulative effect of charges on your investment's return

This illustration assumes that costs occur evenly throughout the year, charges are paid out of the investment evenly throughout the year, and that an annual growth rate of applies evenly throughout the year, before any charges including product charges

lump sum invested with an assumed growth rate of 1 year years
What you might get back at  with no charges applied

What you might get back at  with no charges applied

These are the illustrative values of a  investment after growth and no costs applied at the end of the defined period
Annual charges

Annual charges

These are the annual costs based on an initial investment amount of assuming a net zero growth rate
Effect of charges on return (%)

Effect of charges on return (%)

These are the overall costs in percentage terms, based on an initial investment amount of assuming a growth rate
Effect of charges on return (£)

Effect of charges on return (£)

These are the overall costs in monetary value, based on an initial investment amount of assuming a growth rate
What you might get back at with charges applied

What you might get back at with charges applied

These are the illustrative values of a investment after growth and costs at the end of the defined period

This illustration is not a forecast of future investment performance but merely a means to demonstrate the potential impact of costs and charges for an assumed return of . Whilst we make reasonable endeavours to ensure the accuracy of third party charges information, this is intended for illustrative purposes only and should not be relied upon. We do not warrant or represent that this information is accurate, complete or up to date, therefore we accept no responsibility or liability for its use

Company

Business Summary

abrdn Asia Focus plc, formerly Aberdeen Standard Asia Focus PLC, is a United Kingdom-based investment company. The Company’s investment objective is to maximize total return to shareholders over the long term from a portfolio of quoted smaller companies in the economies of Asia excluding Japan. The Company may invest in a diversified portfolio of securities (including equity shares, preference shares, convertible securities, warrants and other equity-related securities) issued by quoted smaller companies across a range of industries and economies in the investment region. The investment region includes Bangladesh, Cambodia, China, Hong Kong, India, Indonesia, Korea, Laos, Malaysia, Myanmar, Pakistan, The Philippines, Singapore, Sri Lanka, Taiwan, Thailand and Vietnam. The Company may invest up to 10% of its net assets in collective investment schemes, and up to 10% of its net assets in unquoted companies. Aberdeen Standard Fund Managers Limited is the investment manager of the Company.

Financial Summary

BRIEF: For the six months ended 31 January 2022, Abrdn Asia Focus PLC revenues decreased 90% to £8M. Net income decreased 96% to £3.2M. Revenues reflect Gains on investments decrease of 97% to £2M. Net income also reflects Administrative Expenses increase of 69% to £972K (expense). Dividend per share totaled to £0.03. Basic Earnings per Share excluding Extraordinary Items decreased from £0.46 to £0.02.

Performance

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      Cumulative Performance

      1 month3 months6 months1 year3 years5 years
      2.79% -2.40% -5.77% -3.96% 24.06% 33.37%

      Important Information
      Headline performance can mask the true characteristics of a fund. Without fully understanding how a fund is managed, you may inadvertently become exposed to an undesirable level of risk to your capital. Some funds carry a dilution levy which reduces the number of units realised on any initial investment as an initial charge. If this fund carries such a levy it should be detailed in the Key Investor Information Document (KIID), which we must provide and you should read before investing.

      The charts and performance data shown are supplied by an external data provider and may contain data that appears to precede the introduction of the clean unit class for this fund. In such cases, historical data has been synthesised at the entire discretion of that external provider as realistically as possible using historical data recorded against the previously available commission-paying version of the fund, adjusting for fees in the process.

      Composition

      Important Documents


      The documents listed below are the latest versions made available to our data provider by the fund management group, but may not necessarily reflect the applicable charges that would be levied should you purchase this fund via Charles Stanley Direct. You should treat the charges and other figures shown in the 'Overview' tab as accurate.

      Fund Provider Factsheet
      The Fact Sheet is supplied on a monthly basis by the management group and provides limited information on the fund. Past performance data and a review of how the fund has performed are commonly featured. &nbsp;
      FUND PROVIDER FACTSHEET
      101,732 bytes PDF Document; last updated 30 Jun 2022
      Key Information Document This document, issued by the product provider, provides key information about an investment product. The information is required by law to help potential investors understand the nature, risks, costs, potential gains and losses of the product and enable comparison with other products.
      KEY INFORMATION DOCUMENT
      49,096 bytes PDF Document; last updated 01 Aug 2022
      Annual Report A report published by the Fund Management Group detailing the progress of the fund during the course of the previous 12 months. The information provided includes a financial statement for the group as a whole.
      ANNUAL REPORT
      2,389,167 bytes PDF Document; last updated 31 Jul 2021
      Semi Annual Report Published periodically through the course of the financial year of the fund, the report provides an overview of the fund's performance and the prospects for the remainder of the year. Included are portfolio changes (i.e. which stocks have been bought and sold), and changes in the geographical breakdown during the course of the previous 12 months.
      SEMI-ANNUAL REPORT
      519,972 bytes PDF Document; last updated 31 Jan 2022
      Prospectus This is a formal document which contains details of the funds' objectives, investment strategies, risks, performance, distribution policy, fees and expenses and, fund management style.  A fund’s prospectus must be lodged with the Financial Conduct Authority (FCA) for authorisation.
      PROSPECTUS
      1,905,937 bytes PDF Document; last updated 20 Apr 2018

      Management Team

      Hugh Young has managed this fund for 3 years and 10 months.

      Hugh Young Hugh Young is the Managing Director of Aberdeen Standard Investments, Asia. He was formerly a main board director and Head of Investments for Aberdeen Asset Management (before its merger with Standard Life plc). Hugh joined Aberdeen in 1985 to manage Asian equities from London, having started his investment career in 1980. He founded Singapore-based Aberdeen Asia in 1992 and since then he has built the company into one of the largest and most well-respected managers of such assets globally. Hugh is a director of a number of group subsidiary companies and group-managed investment trusts and funds. Hugh graduated with a BA (Hons) in Politics from Exeter University.

      Manager Cumulative Performance v Peer Group

      Performance Graph

      Financials


      Income Statement - All values are in GBP (M).

      Year Ending

      31/07/2021

      31/07/2020

      31/07/2019

      31/07/2018

      31/07/2017

      31/07/2016

      Total Revenue 157.28 -54.04 34.37 21.33 67.92 68.49
      Gross profit 151.98 -58.70 29.06 15.31 62.66 62.56
      Operating Profit/Loss 150.59 -59.74 27.97 14.22 61.46 61.43
      Profit Before Tax 150.59 -59.74 27.97 14.22 61.46 61.43
      Profit After Tax 146.48 -60.39 26.97 12.76 60.83 60.89
      Equity Holders of Parent Company 146.48 -60.39 26.97 12.76 60.83 60.89
      Minority Interest NIL NIL NIL NIL NIL NIL


      Balance Sheet - All values are in GBP (M).

      Year Ending

      31/07/2021

      31/07/2020

      31/07/2019

      31/07/2018

      31/07/2017

      31/07/2016

      Total Non-Current Assets 540.92 394.47 484.71 476.10 468.61 414.81
      Total Current Assets 19.68 12.46 13.86 12.44 4.64 14.22
      Total Assets 560.61 406.93 498.57 488.53 473.25 429.04
      Total Liabilities 72.65 47.97 57.56 54.83 43.15 45.30
      Total Net Assets 487.96 358.96 441.01 433.71 430.11 383.74
      Shareholders Funds 487.96 358.96 441.01 433.71 430.11 383.74
      Minority Interests NIL NIL NIL NIL NIL NIL
      Total Equity 487.96 358.96 441.01 433.71 430.11 383.74

      Investment involves risk. You may get back less than invested.