OBJECTIVE To achieve income together with capital growth over the long term (5 years or more). POLICY The Fund will: – invest in the Asia Pacific region (including Australia and New Zealand but excluding Japan); – invest at least 75% of the portfolio in equities (company shares), including ordinary shares, preference shares and other equityrelated securities; and – typically invest in company shares within the Asia Pacific region which meet minimum yield thresholds set with reference to the Benchmark and will sell company shares if their yield consistently drops below minimum threshold levels. The Fund may: – invest in money market instruments, deposits, cash and near cash; – use derivatives (financial instruments whose value is derived from other assets) with the aim of risk or cost reduction or to generate additional capital or income; and – invest up to 10% in other collective investment schemes. Benchmark: The Fund will measure its performance against the FTSE Asia Pacific ex-Japan TR Index as a comparator benchmark (the "Benchmark"). The Fund will use the Benchmark as an appropriate comparator because the Investment Manager utilises it when measuring the Fund's income yield. The Fund is actively managed, which means the Investment Manager has discretion over the selection of investments subject to the investment objective and policies disclosed in the Prospectus. While the Fund's holdings may include constituents of the Benchmark, the selection of investments and their weightings in the portfolio are not influenced by the Benchmark. The investment strategy does not restrict the extent to which the Investment Manager may deviate from the Benchmark. OTHER INFORMATION Treatment of income: income generated will be paid to shareholders quarterly on or before 28 February, 31 May, 31 August and 30 November. Dealing: you can buy and sell your shares in the Fund between 9:00 and 17:00 (UK time) on each business day in England and Wales. Instructions received before 12:00 will receive the price quoted on that day. The minimum initial investment for this share class is GBP 250,000.
Performance
Price and Net Asset Value breakdown
Midprice
242.15p
Change on Day
-1.00p
Change on Day %
-0.4%
52 week high
245.00p
52 week low
207.00p
Fund currency
GBP
Date updated
04 July 2025
Fund details
Fund Type
Open Ended Investment Company
Unit Type
Income
Standard initial Charge
-
Annual Management Charge
1%
Dividend Frequency
-
Latest Distribution Info
3.7940p
01 July 2025
Fund manager information
Fund Manager Company
BNY Mellon
Fund manager biographies
Name
Alex Khosla
Since
23 September 2022
Bio
Alex Khosla is a portfolio manager for Newton’s emerging markets and Asia equities strategies. Alex joined Newton in 2022 to help manage global emerging markets and Asia portfolios, prior to this he worked at Aikya Investment Management, where he was a research analyst covering global emerging markets. Before that, he was at Stewart Investors and at AXA Framlington, where he supported them in managing the firm’s global emerging markets funds. He began his career at UBS Investment Bank. Alex has a BA (Hons) in Philosophy, Politics and Economics from Oxford University and is a CFA charterholder. Outside of work he enjoys spending time with his family.
Name
Zoe Kan
Since
28 May 2015
Bio
Zoe is a portfolio manager on the Emerging Markets and Asia Equities team. Zoe joined Newton in 2000 as a dedicated Asia Pacific ex-Japan specialist. Having managed unconstrained Asian equity portfolios, she became lead manager on the Asian Equity Income Funds in 2016. She is also a lead manager on the Emerging Income Fund.
Zoe holds a degree in German and Economics, and is a CFA charterholder. Outside of work, Zoe enjoys music and spending time with her young family.