Quick Stats

Bid Price GBX 663.70 Offer Price GBX 698.60
Mid Price - Day Change GBX -0.30 (-0.05%)
Price Date 19 Oct 2017 Crown Rating 2
Shares Class Inc. Yield 0.40 %
Total Expense Ratio 1.63 Fund Size 574,461,231.65
Launch Date 02/01/1992 Standard Initial Charge (%) 5.00
Currency GBX ISA Eligible Yes
Annual Management Charge (%) 1.36 Sector IMA UK Equity Income
Min Investment (£) 1,500.00 Total Expense Ratio (%) 1.63
ISIN GB0007667669 Min TopUp (£) 1,000.00

Fund Objective

The fund aims to achieve capital growth by predominantly investing into the equities of companies exposed to the Asia Pacific. This includes companies based outside of the region who derive an economic benefit from countries in the Asia Pacific. The fund is intended to be invested with only limited or no exposure to equities issued by companies in Japan.

Fund Managers

Martin Lau
Martin Lau is a Managing Partner of First State Stewart Asia, part of First State Investments. Martin has more than 20 years of experience in managing Asia Pacific and Greater China portfolios. He joined the FSSA team in April 2002 and is based in Hong Kong. Martin is the lead manager of a number of First State funds: the First State Asian Equity Plus Fund, the First State Asian Bridge Fund, the First State Asia Pacific All Cap Fund, the First State New Era PRC Fund, the First State China Growth Fund, the First State Greater China Growth Fund and the First State Hong Kong Growth Fund. He is also co-manager of the Scottish Oriental Smaller Companies Trust in the UK. Martin graduated from Cambridge University with a Bachelor of Arts degree and a Masters degree in Engineering. He is also a CFA charterholder.
Alistair Thompson
Alistair Thompson joined First State’s Asia Pacific/ Global Emerging Markets team in January 2003 in the role of Senior Portfolio Manager for Asia Pacific Equity. Alistair plays a supporting role in the management of Global Emerging Markets product, and has specific responsibility for research on Australasian companies. Following the merger of the Edinburgh-based Asia Pacific team with the Hong Kong and Singapore Asian teams in September 2003, Alistair relocated to Singapore in December 2003. Alistair joined First State from Edinburgh Fund Managers where he worked for nine years and was Head of Asia Pacific (ex Japan). Alistair was the portfolio manager for a range of open ended funds and a leading investment trust. Prior to joining Edinburgh Fund Managers in November 1993, he worked for CIM Fund Managers where he started managing their money market funds from 1990 and their Asian funds from 1992, having joined the firm in 1989. Alistair holds a Diploma in Fund Management from the Securities Institute of London.