Abrdn Asian Income Share Discussion Threads

[plasybryn] 25/7/2016 08:09

Nice chart.
Nice yield - c.7% I believe.

[bsharman3] 17/1/2016 11:29

I agree that it is good value on a 10% discount and with a 5% yield across many geographies in Asia (not too much direct China exposure)
I bought some AAIF!

[joy division still] 17/1/2016 09:45

I hold aas but have thought about selling that and buying this aaif for the divi. Every chart comparison I use is unclear if they include divi reinvestment so it's hard to compare the 2. Does anyone have any thoughts on this issue

[noiseboy] 17/1/2016 08:40

Back to the original question , I think it's good value now. I have been watching it for a while and bought this week. Added bonus of a dividend if you buy early next week. I hold AAS and HFEL as well in an ISA

[noiseboy] 17/1/2016 08:34

I just had a look as I purchased a chunk of AAIF this week for the SIPP. No stamp duty was applied on the contract note.

[pvb] 16/1/2016 16:53

I can confirm you don't pay stamp duty on purchases of shares in HFEL, domiciled in Jersey, I don't know about AAIF. If it is in Jersey too, then you wouldn't pay stamp duty on purchases.

[dendria] 16/1/2016 16:19

They should call it a trust then...

Investec even have it as a closed-end fund.

[noiseboy] 16/1/2016 12:45

This is a trust not a fund , You do pay stamp duty just like shares. I've got a feeling HFEL is in jersey as well !

[dendria] 15/1/2016 17:29

No stamp duty on funds or AIM.

[asmodeus] 15/1/2016 17:11

But so is HFEL, isn't it?

[noiseboy] 14/1/2016 22:52

AAIF is domiciled in Jersey so no Stamp Duty I believe

[bsharman3] 13/1/2016 19:52

Hi, It was me...

I'll copy here - if anyone can help!

Hi,

I'm looking for a bit of advice.

I'm trying to compare HFEL and Aberdeen Asian Income (AAIF) because i'd like to get some income exposure to Asia.

At the moment I'm thinking that AAIF is the better buy because it's

a) on a 9.55% discount as opposed to HFEL's discount of 1.5
b) HFEL has a 12% exposure to China and AAIF only 3.5% (I would prefer a smaller exposure to China)

However the yield on HFEL is greater at 7% rather than the 5.4% on offer at AAIF.
HFEL has a good record of increasing dividends.

Is there a reason(s) I should or shouldn't choose AAIF that i haven't considered ?

Thanks!

[pvb] 13/1/2016 19:13

Somebody on the HFEL thread asking if there are any known downsides to currently investing in AAIF rather than HFEL, apart from the somewhat lower yield. They see this trusts lower % in China as a plus at this time.

[bigwilly1986] 22/12/2015 18:15

Buy backs are getting more aggressive...

[mister md] 11/12/2015 08:59

Aleman/Cerrito - thanks for your feedback. Have some high yielding HGM - may offload a few prior to US interest rate hikes just to rebalance a bit

[cerrito] 10/12/2015 21:30

Certainly worth looking at but something I my bones tells me to wait a bit before adding to my present holding. Interesting as of the half year was trading at a premium to NAV and is now at a 8% discount, despite all the buybacks of the last weeks. Perhaps Investec is continuing to off load.

[aleman] 10/12/2015 16:33

Looks a possible buy but you might also look at HFEL which has a higher yield (prospective looks like 7.0% versus 5.8% here) and a stronger dividend growth record. If you are looking for foreign income, you might also consider ALAI which has just rebased the dividend downwards but which still yields 7.3%. Political risk in Latin America is probably a bit higher, though.

[mister md] 10/12/2015 16:12

anybody buying at these levels ? 5%+ yield. low gearing.

[kiwi2007] 07/10/2015 11:14

Todays FT....



......But what should private investors, who may not have large amounts of money for high-risk investments in uncertain Asian economies, do with all this information?
For those that already hold Asian funds, it could strengthen confidence to hold on, instead of joining the panic selling.
And for investors with enough risk appetite, Asian-focused investment trusts that either offer a high dividend yield or trade at a discount to their net asset value, may be worth exploring.
John Newlands, an investment trusts expert at Brewin Dolphin, is currently recommending Aberdeen Asset Management’s Asian Income trust.

As the chart below shows, the trust is trading at a slight discount to the market value of the stocks that it holds, with a dividend yield of around 5 per cent.
“The presence of a decent dividend yield tends to underpin the [stock’s] rating,” Mr Newlands says, explaining that this — combined with Aberdeen’s “experienced” Asian management team — may attract new investors into the trust, “despite the volatility in this uncertain part of the world”.

[jodi17qad] 08/1/2014 10:48

Sorry mis-read date!

[jodi17qad] 08/1/2014 10:47

Although I hold quite a few of these, they are all held in nominee accounts and I evidently missed any emails about the issue of further shares.

May I ask at what price they were offered, as this may in part account for current weakness?

[bigwilly1986] 15/1/2013 11:12

Yes interesting. I didn't go for any C shares, so am hoping they don't affect the share price too much!

[tiger20] 12/1/2013 16:28

Wondering what the value of the shares will be when c shares will be merging with ordinary shares after fridays close.

[davidbh] 15/9/2009 09:31

Thanks,Asmodeus. That's helpful

[asmodeus] 15/9/2009 07:14

I know that, for a standard-rate taxpayer, like myself, they are atill tax-free, and the dividends from UK-based cos. would already have been taxed before entering the ISA. (And this tax is not reclaimable, inside or outside the ISA),. But would recommend looking this up on the Inland Revenue website for confirmation. P.S. things are different for a higher-rate taxpayer, should you be lucky enough to be one! (There was something about this in today's Daily Telegraph). - DYOR