To continue using FE Trustnet please choose an edition:

This site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about cookies on the website and how to delete cookies, see our Privacy and Cookie Policy.

I accept the FE Trustnet cookie policy

For more information Click here




It's look like you're leaving us

What would you like us to do with the funds you've selected

Show me all my options Forget them Save them
Customise this table

Following their poor performance this year, are you going to increase your exposure to small cap funds in 2015?



You are here: Factsheet

Contact details

201 Bishopsgate, London, EC2M 3AE
0845 608 8703 (Dealing)
0800 832 832 (Main Number)

Fund managers

* Michael Kerley»01-Jan-2007 to Present
Michael Watt»01-Jan-1990 to 31-Dec-2006

Investment objectives

This fund seeks to provide a high level of dividends, as well as capital appreciation over the long term, from a diversified portfolio of investments traded on the Pacific, Australasian, Japanese and Indian stock markets (the Asia Pacific region ).

Key Information

Fund vs sector

  1y 3y
Position 12 / 15 7 / 15
Quartile 4 2

Fund ratings

FE Crown Rating: 3 FE
Crown Rating


  1y 3y
Volatility 11.82 13.49
Alpha -2.81 0.44
Beta 1.02 0.98
Sharpe 0.43 0.71
InfoRatio -0.59 0.00
R2 0.85 0.79
Quartiles:   1  2   3  4   help with ratios
vs. Asia Pacific excluding Japan Equities»


performance chart
    1y 3y 5y 12m-24m 24m-36m 36m-48m 48m-60m
+7.0 +45.1 +45.0 +2.2 +32.8 -20.4 +25.4
  NAV +9.4+39.6+46.3+2.5 +24.5-13.8+21.6
  Asia Pacific excluding Japan Equities +11.1+44.6+61.6+1.2+28.6-16.0+32.9
Share Price
 SharePriceDatePrem/DiscDiluted NAVGearingDiv yield
EstimLast pub.NetGross
pdf HENDERSON FAR EAST INCOME LTD ORD 321.88 (p) 19-Dec-2014 +3.02 315.47 312.30
108 5.65 5.65
Capital structure & income
Share Type Exchange Nominal value Issued Market value (m) Wind-up date Splits News
HENDERSON FAR EAST INCOME LTD ORD UNIT LONDON 100 109,771,000 356.75 n/a n/a company announcements
Share identifiers: TIDM: HFEL; SEDOL: B1GXH75; ISIN: JE00B1GXH751
Detailed fund information
Fund type Jersey-registered Investment Trusts
Gross assets£375.1m / $585.7m
Sector Asia Pacific excluding Japan Equities
Asset ClassEquity
Own ISA wrapper Fund has ISA Wrapper help with ISA
Savings plan Fund has no Savings Plan 
Annual accountsn/a
Last report / accounts26-Nov-2014
Last AGM18-Dec-2013
Next AGMDecember 2014
Stockbroker(s)Cenkos Securities Limited
Management contractManagement agreement with Henderson plc, terminable on one years notice. Management fee at the annual rate of 1.0% of the average value of assets under management on the last day of each of the two years preceding the calendar year in respect of which the charge is determined. Investments in funds managed by Henderson remain wholly excluded from this charge.
Borrowing limitThe Company has the power to borrow money under its Articles and may employ gearing to enhance investment returns. The Company intends to arrange a loan facility for this purpose''following Admission.
Continuation / Wind-up provisionproposal will be brought forward in 2009 and every seven years thereafter for the company to continue in existence. If resolution is not passed the Board is obliged to bring forward, within three months, proposals for the liquidation of the company or for a restructuring of its capital on terms which include a cash alternative. At the AGM held on 09-Dec-08 the Company was authorised to make market purchases of up to 14.99% of its issued share capital shares at a maximum price per share not exceeding 105% of the average middle market quotations for the five business days preceding the date of purchase; and the Company was also authorised to hold up to 10% of the Company's own shares as treasury shares.
Dividend policyn/a
Investment restrictionsn/a
Reconstruction proposaln/a
Settlement detailsn/a
Tax policyn/a
Peer groups
Region Asset Class Investment Focus Sector
Far East Equity Mixed Asia Pacific excluding Japan Equities
Largest holdings, 31-Oct-2014
Holding (%) Rank Holding (%) Rank
Regional weightings, 31-Oct-2014
Region (%) Rank  
China 21.40 1 21.40% China
Australia 18.80 2 18.80% Australia
Taiwan 18.40 3 18.40% Taiwan
Singapore 8.40 4 8.40% Singapore
Hong Kong 8.20 5 8.20% Hong Kong
Others 7.13 6 7.13% Others
South Korea 6.70 7 6.70% South Korea
Thailand 5.80 8 5.80% Thailand
Philippines 2.30 9 2.30% Philippines
India 2.30 10 2.30% India
Malaysia 2.10 11 2.10% Malaysia
Money Market -1.53 12 -1.53% Money Market
Sector weightings, 31-Oct-2014
Sector (%) Rank  
Financials 42.48 1 42.48% Financials
Industrials 15.28 2 15.28% Industrials
Telecommunications 13.86 3 13.86% Telecommunications
Technology 12.43 4 12.43% Technology
Consumer Goods 4.59 5 4.59% Consumer Goods
Oil & Gas 4.25 6 4.25% Oil & Gas
Basic Materials 4.25 7 4.25% Basic Materials
Consumer Services 2.22 8 2.22% Consumer Services
Utilities 2.17 9 2.17% Utilities
Money Market -1.53 10 -1.53% Money Market

All prices in Pence Sterling (GBX) unless otherwise specified. Price total return performance figures are calculated using closing mid prices and with net income (dividends) reinvested. NAV total return performance figures are calculated using fully diluted (where applicable) daily estimated NAV figures from Thomson Financial Datastream and with gross income (dividends) reinvested.

Sign up for email alerts
Stay upto date on the latest fund research from FE
subscribe Readers of this page also looked at:
alter Aberdeen Asian Income
Add your comment
Reload Change mode
Enter the words above:
Send comment
Be the first to comment on this Factsheet.

Law Debenture Corp: Net Asset Value

04:04 PM | 22-Dec-2014

UBS ETF USAUSD $: Net Asset Value(s)

02:18 PM | 22-Dec-2014

Latest Fundswire  

Asset allocation

Chinese Equities, 21.40%
21.4000% ofChinese Equities
Australian Equities, 18.80%
18.8000% ofAustralian Equities
Taiwanese Equities, 18.40%
18.4000% ofTaiwanese Equities
Singapore Equities, 8.40%
8.4000% ofSingapore Equities
Hong Kong Equities, 8.20%
8.2000% ofHong Kong Equities
International Equities, 7.13%
7.1300% ofInternational Equities
South Korean Equities, 6.70%
6.7000% ofSouth Korean Equities
Thai Equities, 5.80%
5.8000% ofThai Equities
Philippine Equities, 2.30%
2.3000% ofPhilippine Equities
Indian Equities, 2.30%
2.3000% ofIndian Equities
Malaysian Equities, 2.10%
2.1000% ofMalaysian Equities
Money Market, -1.53%
-1.5300% ofMoney Market

Sector analysis


FE Trustnet portfolio

register   login
Register     Login
Use the plus sign add to portfolio on the left to add this fund to your portfolio