Personal Assets has announced results for the year ended 30 April 2016. Over the year to 30 April 2016 Personal Assets ‘s net asset value per share rose by 5.0%.  This compares to a fall of 9.0% in the FTSE All-Share Index.  Personal Assets ‘s share price rose by GBP21.80 or 6.2% during the year and at 30 April 2016 was GBP372.50.

At 30 April 2016, liquidity was 56.0%. This included 22.6% in UK T-Bills, UK cash and cash equivalents and net current assets and 33.4% in various classes of non-equity risk assets: 17.0% in US TIPS; 11.0% in Gold Bullion; 1.0% in overseas cash and cash equivalents; and 4.4% in UK Index-Linked Gilts. This compared to holdings as at 30 April 2015 of 26.9% in UK T-Bills, UK cash and cash equivalents, Overseas T-Bills and net current assets and 33.0% in various classes of non-equity risk assets: 17.0% in US TIPS; 10.1% in Gold Bullion; 1.3% in overseas cash and cash equivalents; and 4.6% in UK Index-Linked Gilts.

There is no information in the manager’s report that breaks down where the performance came from.

PNL : Personal Assets produces positive return in falling market