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90% of the companies that pay dividends in excess of 3% are outside the UK (despite the UKs dividend culture) and 40% of those are in Asia (excl. Japan). So the launch of this fund in December 2005 created a compelling opportunity for UK investors. The fund will tend to have little in China and India, with few decent dividend payers, so growth will underperform more aggressive Asian growth funds. But the income (4.9%), and the income growth potential, are hugely attractive.
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