StockMarketWire.com - Schroder AsiaPacific Fund grew net revenue after tax by 18.6% to £9.5 million in the year to 30 September, driven by an increase in investment income receivable.

The net asset value (NAV) produced a total return of 23.2% following a strong performance in 2016 of 40.9%.

The company's total return was significantly ahead of the 18.8% return recorded by the benchmark. The main contribution has been stock selection in China, Indonesia, Hong Kong, Korea and Taiwan. The only significant market where stock selection lagged was in India.

The directors have recommend the payment of a final dividend of 5.60 pence per share for the year ended 30 September 2017, an increase of 17.9%.


At 8:26am: [LON:SDP] Schroder Asiapacific Fund Plc share price was +0.75p at 449.75p



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