Voya Asia Pacific High Dividend Equity Income Fund T.IAE

Primary Symbol: IAE

Voya Asia Pacific High Dividend Equity Income Fund (the Fund) is a diversified, closed-end management investment company. The Fund’s investment objective is total return through a combination of current income, capital gains and capital appreciation. The Fund seeks to achieve its investment objective by investing primarily in a portfolio of dividend yielding equity securities of Asia Pacific companies. The Fund will seek to achieve its investment objective by investing at least 80% of its managed assets in dividend producing equity securities of, or derivatives having economic characteristics similar to the equity securities of Asia Pacific Companies that are listed and traded principally on Asia Pacific exchanges. The Fund will invest in equity securities and will select securities through a bottom-up process that is based upon quantitative analysis. Voya Investments, LLC is an investment adviser of the Fund.

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Voya Asia Pacific High Dividend Equity Income Fund > Russia

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Post by Doug2Bon Nov 02, 2016 7:32pm

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Post# 25418585

Russia

Does anyone have clear understanding of the Russian financial position.

My impression is that if we stay c$50 they will have to take drastic action by mid next year in terms of spending cuts, potentially triggering major internal unrest, consequently despite the exterior bravado, they are actually desperate for a deal this time around and will happily slash 10% of output to achieve this.

Can anyone expand upon this?

Doug

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