Axiom European Financial Debt Fund has published its interim accounts. This is the first half-yearly report since the company was launched in November 2015. The Company’s NAV at 30 June 2016 was GBP50.3 million (92.02p per Ordinary Share). From listing until 30 June 2016, the Company’s shares traded at an average price of 95.96p per Ordinary Share, with a price of […]
Aurora has published its first set of interims since changing its investment approach and its year end. Because the Company’s year end has been brought forward to December 31st , this report covers the four month period from March 1st to June 30th. Since the year-end on February 29th , the NAV per share declined […]
For the six months ended June 30, 2016, Middlefield Canadian Income generated a total return of 20.8%. Dividends of 1.25 pence per share were paid on a quarterly basis during the period in the months of January and April. For the six months ended 30 June 2016, the S&P/TSX Composite Index returned 9.8%, outperforming all […]
JPMorgan US Smaller Companies reported an increase of 20.5% in the Company’s net asset value during the six months’ period to 30th June 2016. This represented an outperformance of the benchmark index, the Russell 2000 index in sterling terms, which rose 12.6%. The NAV return was not reflected in the share price which increased less than 2.0%. The discount […]
Baker Steel Resources Trust says that, during the first six months of the year, the unaudited net asset value per share rose 15.7% to 38.8p in a recovering market for mining shares, with the Euromoney Global Mining 100 Index rising 58.9% in Sterling terms. The most significant factor in the recovery of the Euromoney Global […]
LXB Retail Properties Plc reports that it has exchanged contracts for the unconditional sale of its investment at Kingsmead Stafford to Triple Jersey Limited, a private investment vehicle. The Group has previously exchanged an agreement with WM Morrison Supermarkets plc to surrender its leasehold interest in the Kingsmead site and completion of the surrender will […]
Prospect Japan reports a slight increase in its NAV per share from US cents 135.53 at 31 December 2015 to US cents 137.64 at 30 June, 2016. It underperformed over the period with a gain of 0.7% (based on published NAV) as against the MSCI Japan Small Cap Index (Total Return) for the six months of […]
Symphony International’s unaudited Net Asset Value at 30 June 2016 was US$712.5 million, which is 4.3% and 2.4% higher than at 31 March 2016 (US$683.2 million) and 31 December 2015, respectively. NAV per share was US$1.35 compared to US$1.29 and US$1.32, respectively, on the same dates. On a fully-diluted basis (adjusting for in-the-money vested options), […]
The good times are returning for shareholders in Edinburgh Dragon, an investment trust that seeks to generate returns from investing across diverse Far Eastern stock markets. After making a number of mistakes two to three years ago, the management team, led by Singapore-based Adrian Lim, is back on form. Over the past six months, the […]
….according to Capita, just 20 firms account for 70 per cent of the dividends paid in the UK market by value. So the majority of the funds you are invested in rely on the same few dividend producing firms to deliver the incomes they pay you. Look at the investment trust market and you will […]
