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IN BRIEF: Aberdeen New Dawn Investment beats annual benchmark

15th Jul 2021 16:11

Aberdeen New Dawn Investment Trust PLC - investment trust - For the year ended April 30, net asset value total return was 43.4%, compared to benchmark MSCI All Countries Asia Pacific ex Japan Index, which returned 35.7%.

Net asset value per share as at April 30 was 369.97 pence, up 41% from 261.63p the same date the year before.

Total dividend per share unchanged at 4.30p.

"More than a year on, we remain in the shadow of Covid-19. Although the situation in the West has been improving, Asia is now battling new and more virulent strains. This is evident from the previous success stories of Singapore, Taiwan and Vietnam, which have re-imposed curbs to counter fresh outbreaks. India, meanwhile, has yet to fully contain its latest wave. All of these developments may delay border re-openings and dampen economic activity, which would exacerbate the uneven recovery. Vaccinations are crucial, but supply and logistical issues mean inoculating a critical mass of populations will take time," says Chair Donald Workman.

Current stock price: 328.52p

Year-to-date change: up 1.4%

By Dayo Laniyan; [email protected]

Copyright 2021 Alliance News Limited. All Rights Reserved.


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