Net Asset Value or NAV: this is the value of the all the Company’s investments minus any debts.
NAV per share: this is the value of the Company expressed per share. It is calculated by dividing the NAV by the number of shares in the Company.
Ex-income NAV per share: This is the net asset value per share excluding the income the Company has received in the current financial year.
Ex-income discount or premium: this is the percentage difference between the share price and the Ex-Income NAV per share. A positive difference means that the share price is trading at a premium, ie over its NAV excluding income. A negative percentage difference means that the share price is trading at a discount to its NAV excluding income.
Cum-income NAV per share: This is the NAV per share including the income the Company has received in the current financial year.
Cum-income discount premium: this is the percentage difference between the share price and the Cum Income Nav per share. A positive difference means that the share price is trading at a premium and negative percentage difference means that the share price is trading at a discount to its NAV including income.
This material is a financial promotion for The Scottish Oriental Smaller Companies Trust Plc (the “Trust”) intended only for those people resident in the UK for tax and investment purposes. Investing involves certain risks including:
For details of the FCA authorised firms issuing this information and any funds referred to, please see Terms and Conditions and Important Information below.
For a full description of the terms of investment and the risks please see the Key Information Document.
If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.
^ The value of the underlying assets held in the Company, minus any debts of the Company.
* The MSCI AC Asia ex Japan Index covers developed markets: Hong Kong and Singapore; and emerging markets: China, India, Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. More information on what an index is, is provided in the section titled “Comparing performance”, below.
** The MSCI AC Asia ex Japan Small Cap Index covers smaller companies in developed markets: Hong Kong and Singapore; and emerging markets: China, India, Indonesia, Korea, Malaysia, the Philippines, Taiwan and Thailand. More information on what an index is, is provided in the section titled “Comparing performance”, below.
These figures refer to the past. The Company’s past performance is not a reliable indicator of how well the Company is likely to do in the future. For investors based in countries with currencies other than GBP, any increase or decrease in the value of your investment in the Company may increase or decrease as a result of changes in the exchange rate. Performance figures have been calculated since the Company was launched. Performance data is calculated on what we call a net basis by deducting fees incurred at the fund level (e.g. the management and administration fee) and other costs charged to the fund (e.g. transaction and custody costs). Income reinvested is included after on a net of tax has been deducted.
Source: First Sentier Investors (UK) Funds Limited.
The Company provides you with three ways of comparing how the money you invest in the Company would have performed if you had invested it in three other ways.
This material is a financial promotion for The Scottish Oriental Smaller Companies Trust Plc (the “Trust”) intended only for those people resident in the UK for tax and investment purposes. Investing involves certain risks including:
For details of the FCA authorised firms issuing this information and any funds referred to, please see Terms and Conditions and Important Information below.
For a full description of the terms of investment and the risks please see the Key Information Document.
If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.
Net Asset Value or NAV: this is the value of the all the Company’s investments minus any debts.
NAV per share: this is the value of the Company expressed per share. It is calculated by dividing the NAV by the number of shares in the Company.
Ex-income NAV per share: This is the net asset value per share excluding the income the Company has received in the current financial year.
Ex-income discount or premium: this is the percentage difference between the share price and the Ex-Income NAV per share. A positive difference means that the share price is trading at a premium, ie over its NAV excluding income. A negative percentage difference means that the share price is trading at a discount to its NAV excluding income.
Cum-income NAV per share: This is the NAV per share including the income the Company has received in the current financial year.
Cum-income discount premium: this is the percentage difference between the share price and the Cum Income Nav per share. A positive difference means that the share price is trading at a premium and negative percentage difference means that the share price is trading at a discount to its NAV including income.
This material is a financial promotion for The Scottish Oriental Smaller Companies Trust Plc (the “Trust”) intended only for those people resident in the UK for tax and investment purposes. Investing involves certain risks including:
For details of the FCA authorised firms issuing this information and any funds referred to, please see Terms and Conditions and Important Information below.
For a full description of the terms of investment and the risks please see the Key Information Document.
If you are in any doubt as to the suitability of our funds for your investment needs, please seek investment advice.