3.50p
(1.29%)
0.63%
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Stocks and Shares ISAAshoka India Equity Investment Trust plc is a United Kingdom-based closed-ended investment company. The Company's investment objective is to achieve long-term capital appreciation, mainly through investment in securities listed in India and listed securities of companies with a significant presence in India. The Company may also invest up to 10% of gross assets (calculated at the time of investment) in unquoted companies with a significant presence in India. The Company shall primarily invest in equities and equity-related securities (including preference shares, convertible unsecured loan stock, rights, warrants and other similar securities). It invests in various sectors, such as financials, information technology, consumer discretionary, materials, consumer staples and health care. Its investment manager and alternative investment fund manager is Acorn Asset Management Ltd. The Company's investment adviser is White Oak Capital Partners Pte. Ltd.
Trust Information
About this company
Objective
The investment objective of the company is to achieve long-term capital appreciation, mainly through investment in securities listed in India and listed securities of companies with a significant presence in India.The Company shall invest primarily in securities listed on any recognised stock exchange in India and securities of companies with a Significant Presence in India that are listed on stock exchanges outside India. The Company may also invest up to 10 12 per cent. of Gross Assets (calculated at the time of investment) in unquoted companies with a Significant Presence in India.
Costs
- Ongoing charge0.21%
- Annual management charge -
- Performance feeYes
Fee structure
No fixed management fee is payable by the company to the Investment Manager. Performance Fee 30% of outperformance Capped.
Value Assessment
- Value Assessment review date5 July 2018
- Value Assessment next review date-
- Is Assessment of Value required under COLL?No
- Outcome of COLL Assessment of Valuen/a
- Outcome of PRIN Value Assessment or reviewProduct expected to provide fair value for reasonably foreseeable period
- Other review related to value and or charges -
- Further information-
Key facts
- CurrencyGBX
- BenchmarkMSCI India IMI GBP
- Shares in issue169.32m
- Gross gearing0.00%
- EPICAIE
- ISINGB00BF50VS41
- DomicileUnited Kingdom
- ExchangeLondon Stock Exchange (LON)
- IndexFTSE All Share Index, Britain-FTSE250-Index
- Website
Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Overview of the company, currency, shares in issue, EPIC, location, exchange, index, website, Data sourced by LSEG. Objective, Costs, Fee Structure, Key facts including Benchmark, Gross gearing are provided by MorningStar.