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Threadneedle UK Select let down by widening discount

Threadneedle UK Select Trust has published its results for the year ended 31 December 2014. The fund managed to beat the FTSE All-Share Index over the year – generating a return on net assets of 3.5% vs. 1.2% for the benchmark. The dividend was upped from 4.25p to 4.35p. However the discount widened as the share price fell from 178p to 171.5p.

And err that’s it…

Hopefully the annual report contains more information about the portfolio and some performance attribution data.

UKT : Threadneedle UK Select let down by widening discount

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