Chelverton Growth Trust has released its results for the six months ended 28 February 2014. Over that period the net asset value per share increased from 44.87p to 49.98p, an increase of 11.4%. In the same period the Company’s benchmark index, the MSCI Small Cap UK index increased by some 17.2%. The Chairman attributes the underperformance to the volatility of one Nasdaq OTC holding, One Horizon.
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