IN BRIEF: Schroder AsiaPacific Fund total return is short of benchmark
Schroder AsiaPacific Fund PLC - invests in a portfolio of 60 "best quality but undervalued" companies in Asia and Australia - Delivers 3.7% total return in the financial half year that ended March 31, compared to a 5.2% return by its benchmark, the MSCI all countries Asia excluding Japan index in sterling terms. Net asset value per share is 724.26p at the end of March, up 1.9% from 711.01p on September 30 and 22% from 594.52p a year before. NAV continues to rise in April, with NAV standing at 820.20p on April 30. The investment trust declares no interim dividend for the half-year, unchanged from a year before, but it pays final dividends. For financial 2025, it paid a 13.00p final dividend, up from 12.50p for financial 2024. It also is conducting a share buyback programme. Read More