bullish

Invesco Asia Trust - Abundance of earnings recovery

649 Views02 Jun 2021 19:22
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SUMMARY

Invesco Asia Trust (IAT) continues to generate double-digit annualised NAV total return (11.8% over the past 10 years), supported by consistent income. In August 2020, the board introduced a new dividend policy to pay a regular six-monthly dividend equivalent to 2% of NAV (4% pa), a sizeable dividend enhancement from the FY20 annual dividend of 7p per share, at c 2.5% of NAV. The fund manager, Ian Hargreaves, runs the portfolio, blending growth and value styles. He targets double-digit annualised returns from each portfolio holding for over three years.

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  • Invesco Asia Trust - Abundance of earnings recovery
    02 Jun 2021
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