UNAUDITED HALF YEAR RESULTS FOR THE SIX MONTHS ENDED 31ST MARCH 2021
Legal Entity Identifier:
5493006R74BNJSJKCB17
Performance and the Company's Improved Rating
In the six months to 31st March 2021 the Company's return to shareholders was +19.9%, representing a significant outperformance of the Company's benchmark index, the MSCI All Countries Asia ex Japan Index, which returned +14.1%. The net asset value ('NAV') return was +17.8% (all figures are on a total return basis).
The Company's strong performance alongside the attractive yield has fueled ongoing demand for the Company's shares, particularly from retail investors, with such investors now holding just under 45% of the Company's share capital; having represented circa. 26% of the register in September 2016. This demand has resulted in the Company's shares trading consistently at or close to a premium to NAV over the reporting period, with the Company's shares ending the review period trading at a premium to NAV of 2.4%, having traded at a premium of 0.6% at 30th September 2020.