Martin Currie Asia Unconstrained Trust (MCP)

Business description

Martin Currie Pacific Trust aims to achieve returns commensurate with Asia ex Japan nominal GDP growth, unconstrained by an equity benchmark, over a long-term time horizon from a concentrated portfolio of 20-30 stocks.

Stock data

Market cap.£132.6m
Last close367.00p
High / Low (52 weeks)368.0p / 262.2p
Stock market listingLN
Forecast net debt (m)N/A
Forecast gearing ratio (%)N/A
TeamInvestment Companies
SectorInvestment Companies

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Company news

Martin Currie Pacific Trust name change

Fri, 31 Jul 2015 15:22:30 GMT

Martin Currie Pacific hopes to catch the tide in Asia

Mon, 15 Jun 2015 08:04:40 GMT

Trust Insider: Aberdeen Asian Smaller Cos depends on a return to sanity

Tue, 17 Nov 2015 00:03:10 GMT

Investment Trust Watch: India Capital Growth in limbo

Fri, 22 Jul 2016 15:29:42 GMT

How to 'invest against the grain' with investment trusts

Fri, 18 Sep 2015 15:56:15 GMT

Investment summary

Martin Currie Asia Unconstrained Trust (MCP) was launched in 1985 and in July 2014 adopted Martin Currie’s Asia Long-Term Unconstrained (ALTU) strategy, aiming to generate returns in line with Asia-Pacific ex-Japan GDP growth, which generally has not been fully reflected in the region’s equity market returns. Since ALTU’s inception in 2008, it has demonstrated lower volatility than the market, capturing most of the upside in rising markets, while outperforming in falling markets. MCP has a wider discount than the peer group, which provides scope for it to narrow; its current dividend yield of 2.4% is attractive versus non income-mandated peers.

Last updated on 05/10/2016

Key management

Company address

Saltire Court
20 Castle Terrace
Edinburgh
EH1 2ES
United Kingdom
+44 131-229-5252
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