Liontrust Asia Income Fund

October 2019 portfolio changes

  • Sold – CK Hutchison. The Fund was left with a sub-scale position in CK Hutchison following the restructuring of Hutchison Whampoa. We had been willing to wait for a recovery in CK Hutchison’s share price before selling, but continuing protests in Hong Kong are providing ongoing headwinds, so we exited the position.

For a comprehensive list of common financial words and terms, see our glossary here.

 

Key Risks

Past performance is not a guide to future performance. Do remember that the value of an investment and the income generated from them can fall as well as rise and is not guaranteed, therefore, you may not get back the amount originally invested and potentially risk total loss of capital. Investment in Funds managed by the Asia team involves foreign currencies and may be subject to fluctuations in value due to movements in exchange rates. The Fund’s expenses are charged to capital. This has the effect of increasing dividends while constraining capital appreciation. 

Disclaimer

The information and opinions provided should not be construed as advice for investment in any product or security mentioned, an offer to buy or sell units/shares of Funds mentioned, or a solicitation to purchase securities in any company or investment product. Always research your own investments and (if you are not a professional or a financial adviser) consult suitability with a regulated financial adviser before investing.

Thursday, November 7, 2019, 10:21 AM