PACIFIC ASSETS TRUST ORD GBP0.125
Symbol: PAC
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Invest in this share within an ISA, JISA, SIPP or Investment Account
Past Performance
- 25th Apr 2020 to 25th Apr 202148.70%
- 25th Apr 2021 to 25th Apr 2022-0.93%
- 25th Apr 2022 to 25th Apr 202310.72%
- 25th Apr 2023 to 25th Apr 20241.47%
- 25th Apr 2024 to 25th Apr 2025-6.81%
Key Information
| Benchmark | MSCI AC Asia ex Japan |
| Sector | IT Asia Pacific |
| Gearing | 100% |
| Ex-Dividend Date | 13 Jun 2024 |
| Dividend Pay Date | 12 Jul 2024 |
| Total Dividends - Year to Date | 4 |
| Dividend Yield (%) | 1.2195 |
Net Asset Value (Nav)
| Latest actual NAV | 368.09 |
| Latest actual NAV date | 22/04/2025 |
| NAV frequency | Daily |
| Premium/Discount | -10.08% |
Charges
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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. |
1.25% |
| Performance Fee | No |
| AMC | 0.90% |
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Our Platform Charge
We charge a platform fee of 0.30% per annum on the value of all stocks & shares held across all accounts, minimum £50 and maximum £600 per annum, charged pro-rata monthly in arrears. A full list of our rates and charges can be found here . |
0.30% |
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
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 feeIncludes our platform fee at 0.30% per annum (excluding Charles Stanley Multi Asset Funds and anycash held). The min fee is £60, the max is £600 per annum, plus SIPP administration fee (if applicable, only charged if < £30,000 held) – see here |
0.30% | |
Dealing charges
Dealing chargesAny one-off commission charges associated with investing. Note that government taxes and levies are not included. This does not include any commission credits you may have available |
N/A | |
Product provider costs
Product provider costsProduct provider costs shown are inclusive of the fund ongoing charges figure (OCF), transaction costs and incidental costs |
1.25% | |
Total (£)
Total (£)Costs per annum displayed in monetary value |
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Total (%)
Total (%)Costs per annum displayed as a percentage of investment value |
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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 appliedThese are the illustrative values of a investment after growth and no costs applied at the end of the defined period |
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Annual charges
Annual chargesThese are the annual costs based on an initial investment amount of assuming a net zero growth rate |
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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 |
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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 |
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What you might get back at with charges applied
What you might get back at with charges appliedThese 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
Pacific Assets Trust plc (the Trust) is a United Kingdom-based externally managed investment trust. The Trust’s investment objective is to achieve long-term capital growth through investment in selected companies in the Asia Pacific region and the Indian sub-continent, but excluding Japan, Australia and New Zealand (the Asia Pacific Region). Up to a maximum of 20% of the Trust's total assets (at the time of investment) may be invested in companies incorporated and/or listed outside the Asia Pacific Region (as defined). It invests principally in listed equities and other securities, including preference shares, debt instruments, convertible securities and warrants. In addition, it invests in open and closed-ended investment funds and companies. It invests in various sectors, including industrials, information technology, consumer staples, consumer discretionary, financials, health care and communication services. Its alternative investment fund manager is Frostrow Capital LLP.
Financial Summary
BRIEF: For the six months ended 31 July 2024, Pacific Assets Trust plc revenues increased from £7.9M to £63.3M. Net income increased from £1.3M to £50.2M. Revenues reflect Realized G/L on Investments Securities increase from £3.1M to £56.7M, Investment Income increase of 17% to £6.8M, Exchange differences on currency balance increase of 81% to -£181K. Net income benefited from Other expenses decrease of 6% to £364K (expense).
Performance
Cumulative Performance
| 1 month | 3 months | 6 months | 1 year | 3 years | 5 years |
| -2.36% | -8.82% | -10.78% | -6.81% | 4.70% | 54.24% |
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
View Fund Allocation by:
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.
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.
110,575 bytes PDF Document; last updated 28 Feb 2025
78,121 bytes PDF Document; last updated 28 Nov 2024
4,479,474 bytes PDF Document; last updated 31 Jan 2024
876,434 bytes PDF Document; last updated 31 Jul 2024
Management Team
David Gait Douglas Ledingham
David Gait
has managed this fund for 14 years and 8 months.
David is Head of the Sustainable Funds Group and a Portfolio Manager. He sits on the Stewart Investors Board. David joined the team as a graduate in 1997. He is lead manager of Asia Pacific Leaders Sustainability and Asia Pacific Sustainability strategies, as well as Pacific Assets Investment Trust. David holds an MA with honours in Economics from Cambridge University, and holds a Master of Science in Investment Analysis from Stirling University.
Manager Cumulative Performance v Peer Group
Douglas Ledingham
has managed this fund for 6 years and 6 months.
Douglas is a Portfolio Manager with the Sustainable Funds Group at Stewart Investors. He joined the team in October 2013, having been an intern with Stewart Investors during 2013. Douglas is lead manager of the Asia Pacific and Japan Sustainability strategy. He holds an MA in Business Studies and Accountancy from the University of Edinburgh.
Manager Cumulative Performance v Peer Group
Financials
Income Statement - All values are in GBP (M).
|
Year Ending |
31/01/2024 |
31/01/2023 |
31/01/2022 |
31/01/2021 |
31/01/2020 |
31/01/2019 |
|---|---|---|---|---|---|---|
| Total Revenue | 5.20 | 34.76 | 48.16 | 82.27 | 19.86 | 19.73 |
| Gross profit | 0.71 | 30.38 | 43.88 | 78.86 | 16.31 | 16.40 |
| Operating Profit/Loss | -0.09 | 29.57 | 43.18 | 78.26 | 15.67 | 15.76 |
| Profit Before Tax | -0.09 | 29.57 | 43.18 | 78.26 | 15.67 | 15.76 |
| Profit After Tax | -6.06 | 25.29 | 37.35 | 74.13 | 13.45 | 15.06 |
| Equity Holders of Parent Company | -6.06 | 25.29 | 37.35 | 74.13 | 13.45 | 15.06 |
| Minority Interest | NIL | NIL | NIL | NIL | NIL | NIL |
Balance Sheet - All values are in GBP (M).
|
Year Ending |
31/01/2024 |
31/01/2023 |
31/01/2022 |
31/01/2021 |
31/01/2020 |
31/01/2019 |
|---|---|---|---|---|---|---|
| Total Non-Current Assets | 470.11 | 474.40 | 436.98 | 404.71 | 309.52 | 297.35 |
| Total Current Assets | 7.22 | 10.87 | 24.43 | 18.06 | 41.22 | 36.38 |
| Total Assets | 477.33 | 485.27 | 461.42 | 422.77 | 350.74 | 333.72 |
| Total Liabilities | 12.51 | 11.61 | 10.75 | 6.55 | 5.02 | 1.05 |
| Total Net Assets | 464.82 | 473.66 | 450.67 | 416.22 | 345.72 | 332.67 |
| Shareholders Funds | 464.82 | 473.66 | 450.67 | 416.22 | 345.72 | 332.67 |
| Minority Interests | NIL | NIL | NIL | NIL | NIL | NIL |
| Total Equity | 464.82 | 473.66 | 450.67 | 416.22 | 345.72 | 332.67 |