Schroder Asian Total Return Investment Company plc · LSE:ATR
Schroder Asian Total Return Investment — Henderson Global Investors — Fact Sheet (July 2008)
7 slides from Schroder Asian Total Return Investment's fact sheet, July 2008
Slide 1: International snapshot July, 2008
International snapshot July, 2008 FOR FINANCIAL INTERMEDIARY USE ONLY, NOT FOR USE WITH THE INVESTING PUBLIC
Slide 2: Equities are cheap
Equities are cheap MSCI World Index 12 month forward price/earnings (P/E) ratio P/E ratio 26 24 22 20 18 16 14 12 10 93 94 95 96 97 98 99 00 01 02 03 04 05 06 07 08 12m forward P/E ratio Source: Datastream as of 6/30/08. Past performance is not an indicator of future results. This graph illustrates
Slide 3: International growth vs. value
International growth vs. value International growth vs. international value 15% 10% Growth Outperforms 5% Annual Return 0% -5% -10% Value Outperforms -15% -20% -25% 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 YTD 2008 Source: Zephyr. MSCI EAFE Growth and MSCI EAFE Value Indices as of 6/30/08 P
Slide 4: A time for growth
A time for growth The growth/value cycle % 66 44 22 00 -2-2 -4-4 -6-6 Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- Dec- 87 87 89 89 91 91 93 93 95 95 97 97 99 99 01 01 03 03 05 05 07 07 Growth Growth Value Value Source: Zephyr, 6/30/08. Thi
Slide 5: Rebalancing of growth away from the West
Rebalancing of growth away from the West Percentage contribution to global growth Region ’87 ’07 160% G7 69 % 37 % Other Advanced 20 18 120% Economies Emerging Markets 11 45 80% 40% 0% -40% -80% YTD 1981 1984 1987 1990 1993 1996 1999 2002 2005 2008 Source: JP Morgan. Data to 12/31/07. Past performan
Slide 6: Key data snapshot
Key data snapshot 2008* EAFE US GDP Growth 2.0% 1.5% Inflation 3.2% 2.3% Earnings Growth 2.0%** 2.0%*** P/E ratio 11.0x** 14.6x*** Source: Datastream and Henderson Global Investors. Past performance is not an indicator of future results. *Henderson forecasted, subject to change **Based on the MSCI E
Slide 7: Before investing you should carefully consider the Funds' investment objectives, risks, charges and expenses
International investing involves certain risks and increased volatility not associated with investing solely in the US. These risks include currency fluctuations, economic or financial instability, lack of timely or reliable financial information or unfavourable political or legal developments. In a