Aberdeen All Asia Investment Trust: Under Review

INVESTMENT TRUST RESEARCH UPDATE: Trust placed Under Review.

Ruli Viljoen 11 September, 2013 | 11:27AM
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We are moving our rating on Aberdeen All Asia Investment Trust (ABAA) to Under Review. The trust was previously rated Silver. This morning its board has announced proposals to change the fund’s mandate to Japan-only and will be seeking shareholder approval to implement this change. While this is yet to be ratified by shareholders, it’s clear the investment objective is subject to possible change and that the fund’s remit is likely to be different going forward. Until such time as we have clarity on the fund’s future and its investment objective, the rating will remain Under Review.

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Securities Mentioned in Article

Security NamePriceChange (%)Morningstar
Rating
abrdn Japan Investment Trust Ord  

About Author

Ruli Viljoen

Ruli Viljoen  is Head of Manager Selection, Morningstar UK

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