Terra Capital has, belatedly, published results for the year ended 31 December 2015. Its year end net asset value per share stood at $0.925 against $0.979 for 2014. This represents a decrease for the year of 5.5% and a net decrease of 1.7% for the year allowing for the dividend of 3.72 cents per share paid in February 2015. This compares to the MSCI Frontier Markets Index which declined by 14.07% in 2015.
TCA : Terra Capital did well in 2015
