Scottish Oriental Smlr Co Tst PLC Edison reviews Scottish Oriental Smaller Co. Trst
11 January 2018 - 1:22AM
RNS Non-Regulatory
TIDMSST
Scottish Oriental Smlr Co Tst PLC
10 January 2018
London, UK, 10 January 2018
Edison issues review on Scottish Oriental Smaller Companies
Trust (SST)
Scottish Oriental Smaller Companies Trust (SST) was launched in
1995 with the objective of generating long-term capital growth from
investing in smaller companies listed in Asia (excluding Japan and
Australasia). Its long-term 10-year performance record continues to
be strong, although in more recent years SST has lagged the
performance of the comparative MSCI AC Asia ex-Japan Index, which
has been driven by large-cap and technology stocks in particular.
Since Vinay Agarwal became acting (now formal) lead manager in July
2016, the portfolio has become more concentrated and growth
orientated. Agarwal believes the trust is well positioned with
reasonably valued, quality companies that can grow structurally
through economic cycles.
SST currently trades at a 10.5% discount to cum-income NAV;
slightly below its 11.5% three-year average (range of 1.7% to
16.7%). The board does not have a formal discount management
policy, although it actively promotes the trust and has the ability
to repurchase shares.
Click here to view the full report.
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www.edisoninvestmentresearch.com
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sell any securities.
For more information please contact Edison:
Helena Coles, +44 (0)20 3077 5700
Mel Jenner, +44 (0)20 3077 5720
investmenttrusts@edisongroup.com
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