Martin Currie Asia Unconstrained Trust (MCP) aims to generate returns at least in-line with Asia ex-Japan nominal GDP growth. It follows a bottom-up approach to stock-picking and uses detailed ‘forensic accounting’ assessments to build a high-conviction portfolio of 20 to 30 stocks, with a long-term view. The trust has persistently traded at a deep discount, but there is scope for this to narrow following a recent change in the dividend policy, which has lifted its yield to 4.0%,
23 Nov 2017
Martin Currie Asia Unconstrained Trust - Scope for narrower discount
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Martin Currie Asia Unconstrained Trust - Scope for narrower discount
Martin Currie Asia Unconstrand Trust (MCP:LON) | 0 0 0.0% | Mkt Cap: 145.6m
- Published:
23 Nov 2017 -
Author:
Helena Coles -
Pages:
8
Martin Currie Asia Unconstrained Trust (MCP) aims to generate returns at least in-line with Asia ex-Japan nominal GDP growth. It follows a bottom-up approach to stock-picking and uses detailed ‘forensic accounting’ assessments to build a high-conviction portfolio of 20 to 30 stocks, with a long-term view. The trust has persistently traded at a deep discount, but there is scope for this to narrow following a recent change in the dividend policy, which has lifted its yield to 4.0%,