Aberdeen New Dawn sees NAV slide in January

19th Feb 2010 18:01

Aberdeen New Dawn, an investment trust which invests in Asian equity markets other than Japan, saw net asset value per share (NAV) slide 4.9% in January to 629.5p. The NAV was still 63.8% higher than a year earlier, however, and represented an 8.7% premium to the company's share price. The 4.9% fall was also less severe than the 5.6% fall in January suffered by the trust's benchmark index, the Morgan Stanley Capital International (MSCI) AC Asia Pacific (excluding Japan) index. The MSCI index rose 58.4% in the year to 31 January 2010.