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Aberdeen Asia Pacific

Citywire Selection verdict: Hugh Young’s disciplined approach to owning only those companies he knows and trusts has been extremely fruitful. He favours the developed and relatively defensive economies of Hong Kong and Singapore, which comprise more than 40% of the fund. This defensive allocation has been balanced by a sizeable allocation to India of around 12%. Following the Indian election the tide has turned here and strong gains are being experienced in the country. Young has been keen to avoid banks, along with becoming increasingly wary of the raft of high yielding companies he believes are on an unsure footing. We back this as an all-weather fund for any portfolio. Recent performance hasn’t been good, and as a result the fund is under review. However, in the first half of 2016 the manager has delivered top decile returns and his long-term track record is excellent.

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76/145 in Equity - Asia Pacific Excluding Japan (Performance over 3 years) Average Total Return: 50.97%
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