Before finding out more about Pacific Assets Trust plc ("Pacific Assets”), it is important that you first read and understand the information set out below. Pacific Assets is an investment trust, incorporated in Scotland with registered number SC091052, whose shares have been admitted to the Official List of the UK Listing Authority and admitted to trading on the main market of the London Stock Exchange plc. Pacific Assets is an alternative investment fund for the purposes of the Alternative Investment Fund Managers Directive ("AIFMD") and acts as its own alternative investment fund manager ("AIFM"). Pacific Assets is registered as a small registered UK AIFM. Pacific Assets has delegated certain portfolio management responsibilities to First State Investment Management (UK) Limited (“First State Investments”).
The information contained on the following pages has been prepared for the use of those people who are United Kingdom residents for tax and investment purposes. By proceeding, you are representing that you are not resident in a jurisdiction outside the United Kingdom. If you are unable to make this representation then you should leave this website immediately. First State Investments believes that the information provided is accurate as at the date of its publication, but no representation or warranty of accuracy is given by First State Investments or Pacific Assets and therefore no liability in respect of any error or omission by a third party is accepted by First State Investments, Pacific Assets or their affiliates or any of their directors, employees, consultants or agents.
The information contained in this website is subject to change without prior notice and is not to be reproduced, copied or otherwise made available to persons other than those for whom it is intended, especially anyone outside the UK for tax or investment purposes, without the prior written consent of First State Investments.
This website and its contents have been issued and approved by First State Investments (UK) Limited. First State Investments is authorised and regulated in the United Kingdom by the Financial Conduct Authority. Any comments expressed reflect the views of First State Investments and should not be taken as any kind of recommendation or advice.
Please remember that the value of investments and the income from them may go down as well as up and that you may not get back the amount you originally invested.
Past performance is not necessarily a guide to future performance.
Changes in exchange rates will affect the value of investments overseas. Gearing, where borrowing is used to fund further investment, can increase the returns in rising markets and decrease the returns in market downturns.
Shares in Pacific Assets Trust Plc have not been and will not be registered under the United States Securities Act 1933 (as amended). The information in this website is not intended for distribution and does not constitute an offer to sell or the solicitation of any offer to buy any securities in any jurisdiction in which such offer, solicitation or distribution would be unlawful including but not limited to the United States of America or for the benefit of any United States persons. Investments in emerging markets may involve a higher risk than investments in more developed markets. Investors should consider whether or not an investment in funds or companies which invest in such markets is either suitable for or should constitute a substantial part of an investor’s portfolio.
Investments in Pacific Assets may be less liquid than the securities of a larger company, or an investment trust which invests in larger companies, or in more developed economic regions. Securities in smaller companies or an investment trust (such as Pacific Assets) which invests in emerging markets may possess greater potential for capital appreciation, but also involve risks, such as limited product lines, markets and financial or managerial resources and trading in such securities may be subject to more abrupt price movements than trading in the securities of larger companies.
If you are in any doubt about any of the information on this web site, please consult your independent financial or other such adviser authorised to give investment advice under the Financial Services and Markets Act 2000.
First State Investment's regulator, the Financial Conduct Authority, also has a website.
When you enter First State Investment's website, you will be asked to accept some Terms and Conditions and a cookie will remember if you have accepted them. This means that you don’t have to re-accept them on every visit. The cookies used here are ‘persistent’ as they remember your preferences. Every time the Terms and Conditions are amended, or on an annual basis, a new cookie will be set and you will be asked to re-accept the Terms and Conditions.
First State Investments use analytics cookies to collect information on website activity (such as the number of users who visit our website, the date and time of visits, the number of pages viewed, navigation patterns, what country and what systems users have used to access the site and, when entering the website from another website, the address of that web site). This information on its own does not identify an individual but it does provide First State Investments with statistics that can be used to analyse and improve its website.
These cookies are ‘session’ cookies.
The browsers of most computers, smartphones and other web–enabled devices are usually set up to accept cookies. If your browser preferences allow it, you can configure your browser to accept all cookies, reject all cookies, or notify you when cookies are set.
Each browser is different, so check the "Help" menu of your browser to learn about how to change your cookie preferences.
However, please remember that cookies are often used to enable and improve certain functions on this website. If you choose to switch certain cookies off, it may affect how the website and certain functionality works.
More information about cookies can be found on allaboutcookies.org
The Pacific Assets Trust plc website is operated by First State Investments (UK) limited
This policy gives information on how Stewart Investors protects any personal information held about you. Personal information is information or opinion that allows others to identify you. It includes your name, age, gender, contact details as well as your health and financial information.
The companies for whom Stewart Investors is a business name are listed below:
First State Investments (UK) Limited* First State Investment Management (UK) Limited* First State Investment Services (UK) Limited First State Investments (UK Holdings) Limited First State Investments International Limited *
*Authorised and regulated by the Financial Conduct Authority of the United Kingdom
We will act to protect your personal information in accordance with local law and this policy statement.
At Stewart Investors the privacy of your personal data is important to us. We collect personal data to provide you with information about the Pacific Assets Trust plc. In some circumstances the law may also require us to collect personal data. The Data Protection Act 1998 ("the Act") defines personal data as data "which relate to a living individual who can be identified: (a) from those data; or (b) from those data and other information which is in the possession of, or is likely to come into the possession of the data controller and includes any expression of opinion about the individual and any indication of the intentions of the data controller or any other person in respect of the individual". Stewart Investors is bound to protect your personal data in accordance with the Act and the principles contained therein.
The following statement outlines our general information handling practices.
In the course of doing business we may outsource certain tasks to third party administrators or agents. These third parties are bound by confidentiality arrangements when handling your personal data.
We aim to ensure that the personal information we retain about you is accurate, complete and up to date. If you provide us with incomplete or inaccurate information, we may not be able to provide you with the information you are seeking.
Stewart Investors collects personal data on Pacific Assets Trust plc shareholders and other third parties via application forms, phone, fax, e-mail and on-line. Personal data collected may include: Name Job Title Company Contact details
The main purpose for Stewart Investors collecting your data is to provide you with information about Pacific Assets Trust plc. If you would like to receive further information from us about other products or services offered by Stewart Investors please e-mail us at email@example.com
We take reasonable steps to ensure that the personal data we collect, use or disclose is accurate, complete and up to date. Please contact us by e-mailing us at firstname.lastname@example.org or writing to Client Services at 23 St Andrew Square, Edinburgh, EH2 1BB if any of the details you have provided change. Please also contact us if you believe that the information we have about you is not accurate, complete or up to date.
We are committed to keeping the personal data you provide to us secure. We take all reasonable precautions to protect the personal data we hold about you from misuse and loss and from unauthorised access, modification or disclosure. We have a range of physical and technological policies and procedures in place to provide a robust security environment. We seek to ensure the on-going adequacy of these measures by regularly reviewing them. Our security measures include, but are not limited to: restricting access to our computer systems and physical records to authorised persons and preventing users from accessing information they have no need to access; requiring employees to use unique passwords to gain access to systems. These passwords are changed regularly; encrypting any data you send us over the internet when logging on to our website; employing firewalls, intrusion detection systems and virus scanning tools to prevent unauthorised persons and viruses from entering our systems; using dedicated secure networks or encryption when we transmit electronic data for purposes of outsourcing; providing secure storage for physical records; and detecting and preventing unauthorised access to buildings by employing physical and electronic means such as alarms and cameras.
Cookies are useful because they allow a website to recognise the device you are using.
When you enter our website, you will be asked to accept some Terms and Conditions and a Cookie will remember if you have accepted them. This means that you don’t have to re-accept them on every visit. The Cookies we use here are ‘persistent’ as they remember your preferences. Every time we amend our Terms and Conditions, or on an annual basis, a new Cookie will be set and you will be asked to re-accept our Terms and Conditions. We use analytics cookies to collect information on website activity (such as the number of users who visit our website, the date and time of visits, the number of pages viewed, navigation patterns, what country and what systems users have used to access the site and, when entering our website from another website, the address of that web site). This information on its own does not identify an individual but it does provide us with statistics that can be used to analyse and improve our website. These Cookies are ‘session’ cookies.
The browsers of most computers, smartphones and other web-enabled devices are usually set up to accept cookies. If your browser preferences allow it, you can configure your browser to accept all cookies, reject all cookies, or notify you when cookies are set. Each browser is different, so check the "Help" menu of your browser to learn about how to change your cookie preferences.
However, please remember that cookies are often used to enable and improve certain functions on our website. If you choose to switch certain cookies off, it will affect how our website works and certain functionality may not work. More information about cookies can be found on allaboutcookies.org
Our web site may contain links to non Stewart Investors websites. While such links are provided for your convenience, you should be aware that the information handling practices of the linked web sites might not be the same as ours. You should review any privacy policies on those linked websites. We are not responsible for any linked websites.
We monitor and record telephone calls for training and security purposes.
If you wish, you may also have a copy of the personal data held on you by Stewart Investors. Stewart Investors is allowed, by law, to charge you a fee for this. If you would like to exercise this right, please put your request in writing to: Client Services Stewart Investors23 St Andrew Square Edinburgh EH2 1BB Stewart Investors will respond promptly and in any event within 4 days, to a request by you for a copy of personal data held. If we deny access to your personal information, we will, unless prevented by law or regulation, let you know why.
The entities trading as Stewart Investors are wholly owned subsidiaries of the Commonwealth Bank of Australia Group (the “Group”). The Group is a collection of related organisations that provide banking, finance, insurance, funds management, financial planning and advice, superannuation, stockbroking and other services.
We value your trust, and aim to help you manage and build wealth over a long period. The protection of your personal information is a vital part of this relationship. It is supported by our long experience of keeping personal information confidential.
We collect personal information to provide you with the products and services you request as well as information on other products and services offered by or through us.
The law may also require us to collect personal information in certain circumstances. We will tell you who collects the personal information, advise you of their contact details, your right of access to that information, and what will happen if you choose not to provide this information.
Personal information may be used and disclosed within the Group to administer our products and services, as well as for prudential and risk management purposes and, unless you tell us otherwise, to provide you with related marketing information. We also use the information we hold to help detect and prevent illegal activity. We co-operate with police and other enforcement bodies as required or allowed by law.
We disclose relevant personal information to external organisations that help us provide services. These organisations are bound by confidentiality arrangements. They may include overseas organisations.
You can seek access to the personal information we hold about you. If the information we hold is inaccurate, incomplete or outdated, please inform us so that we can correct it. If we deny access to your personal information, we will, unless prevented by law or regulation, let you know why.
If you have any questions or would like further information on our privacy and information handling practices, please contact us.