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Liontrust Asia Income Fund (R)

Ranked 91 out of 206 in - Asia Pacific Excluding Japan over 12 months
All calculations are in GBP unless stated

Managed by

Carolyn Chan

Carolyn Chan is investment manager at Liontrust based in London. She joined the firm in 2012 and prior to this, she was investment manager at Hampton Investment. Carolyn deals in Asia Pacific ex-Japan equities, using a long-only investment style. She graduated from the Nottingham University with a degree in Economics and outside of fund management, she enjoys tennis, music and the theatre.

Mark Williams

Mark Williams is an Asian equity fund manager at Liontrust, having joined the group in October 2011. He was director of Pacific Basin equities at F&C before moving to Occam in 2007. After earning a law degree from Cambridge University, he held an internship at Jupiter and subsequently joined James Capel Investment Management in 1993 as a global portfolio assistant to a team managing money for high net worth clients and institutions. When away from the office, Williams’ interests range from mountaineering and football to chess and music.


The investment objective of the Fund is to provide a high level of income with long term capital appreciation. Although the Fund may invest in all economic sectors in all parts of the world, it is intended that it will currently invest primarily in equities and equity-related derivatives (such as total return swaps of equities, futures and options) in companies deriving the majority of their revenues in Asia Pacific excluding Japan which are listed on a recognised stock exchange worldwide.

Showing fund performance in United Kingdom View performance globally


Asia Pacific Excluding Japan over : 31/01/2018 - 31/01/2019

Total Return

Quarterly Performance

to 01/01/2019 Annual Q1 Q2 Q3 Q4
2018 -9.0% -4.8% 1.7% -2.0% -4.1%
2017 15.7% 8.0% -0.9% 3.4% 4.5%
2016 32.3% 5.3% 8.4% 14.5% 1.3%
2015 -4.0% 9.4% -4.8% -13.9% 7.1%
2014 6.5% -1.6% 0.3% 2.3% 5.5%
2013 7.9% 14.6% -6.2% -1.3% 1.7%
2012 -3.8% 5.1% 5.3%

Month by Month Performance

Returns Vs Risk

Asset Allocation



Top 10 Holdings

Stock Size
Transurban Group 3.18%
Indiabulls Housing Finance Ltd ORD 3.16%
Xinyi Glass Holdings Ltd ORD 2.99%
SITC International Holdings Co Ltd ORD 2.91%
ANTA Sports Products Ltd ORD 2.89%
Samsung Electronics Co Ltd PFD 2.80%
Industrial and Commercial Bank of China Ltd ORD 2.75%
Taiwan Cement Corp ORD 2.72%
Lotes Co Ltd ORD 2.65%
KB Financial Group Inc DR 2.57%

Registered For Sale In

  1. United Kingdom

Fund Info

  • Launch date05/03/2012
  • Share Class size03Mn
  • Base currencyGBX
  • ISIN GB00B7GXM507

Purchase Info

  • Min. initial investment100,000
  • Min. regular additional investment0


  • Annual management1.50%
  • Initial investment5.00%

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Performance is for the period shown (month end to month end, bid/bid, gross income reinvested, calculated in the currency and currencies indicated).