Edinburgh Dragon Trust, the FTSE 250 Asian investment trust, saw 7.6 per cent knocked off its net asset value in the last quarter.
However, it outperformed its benchmark, the MSCI All Country Asia (excluding Japan) Index, which fell 9% in the three months to the end of May.
The Trust, which has the objective of long term capital growth through investment in the Far East, saw its share price fall 10.7% to 225.7p over the period.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
It reported total investments of £547.4m at the end of May, and a cash pile of £1.2m.
Who is the richest person in the world?
The top five richest people in the world have a combined net worth of $825 billion. Who takes the crown for the richest person in the world?
By Vaishali Varu Published
Top 10 stocks with highest growth over past decade - from Nvidia, Microsoft to Netflix, which companies made you the most money?
We reveal the 10 global companies with the biggest returns since 2013. One firm has posted an astonishing 9,870% return, meaning a £1,000 investment would now be worth almost £82,000.
By Ruth Emery Published