Investing in India

george4064

I have good exposure to India via the Pacific Assets Trust plc (LSE:PAC)

eastmidsaver

i guess it's all about the risk v reward.   riskier market, but potentially much higher rewards (or losses).

aroominyork

george4064 said:

I have good exposure to India via the Pacific Assets Trust plc (LSE:PAC)

I've not come across this trust before. It's managed by David Gait, manager of the Stewart Investors Asia Pacific funds and has similar holdings but seemingly without Australia (curious that AP holds Australia, Pacific does not...). It has fallen to a discount around 15% and its NAV has slightly underperformed the open ended funds.

It is interesting that Asia Pacific Sustainability (which holds 80% large caps) consistently performs better than Asia Pacific Leaders Sustainability (95% large caps) without being more volatile, yet the former holds £700m and the latter holds ten times as much. Maybe it's about institutional investors being concerned about liquidity. In any case, the funds' names (along with the AP & Japan Sustainability fund) are confusingly similar!