Scottish Oriental Smaller Companies Trust Plc (SST)

Summary
Last Close
Last NAV
Date


Scottish Oriental Smaller Companies Trust as at
Cumulative performance 3 mths 6 mths 1 yr 3 yrs 5 yrs 10 yrs Since
launch
Share price %
Nav %
Benchmark* %
MSCI AC Asia (ex Japan) Small Cap Index %
Price Chart Date



Discount %
  • Benchmark and Comparative Indices

    Since 2003 the Directors have used the Morgan Stanley Capital International AC Asia ex Japan Index as the Trust’s benchmark. This Index, being dominated by larger companies, is far from ideal as a performance measurement tool. It has, however, the dual merit of being the most widely recognised regional index and of pre-dating the inception of the Trust in March 1995.

    For comparative purposes we are also displaying the Morgan Stanley Capital International AC Asia ex Japan Small Cap Index, which covers the relevant markets with the exception of Pakistan and Sri Lanka. This Index is currently made up of companies with a market capitalisation of between US$0.01m and US$1,935m. The range does not exactly match that of the Trust, which has no lower limit and which invests mainly in companies with a market capitalisation of under US$1,500m. Nevertheless, it gives a useful indication of the performance of smaller companies in Asia over recent years.

    As most investors in the Trust are based in the United Kingdom, the Directors consider that it is also relevant to compare the Trust’s performance to that of the FTSE All-Share Index.

    All NAV data in the interactive chart are ex-income figures.

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