Yellow Cake reports NAV uplift on Uranium price rise – Yellow Cake plc (YCA), a specialist company operating in the uranium sector with a view to holding physical uranium for the long term, has released an operating update for the quarter ending third calendar quarter of 2018. The company’s NAV has increased by 21% to £2.42 /share relative to IPO price of […]
Genesis Emerging Markets lowers its fees to tighten discount – Genesis Emerging Markets Fund (GSS) has published it’s results for the year ended 30th June 2018. The NAV total return per share of the company rose by 6.8% over the twelve month period, which is in line with its benchmark, the MSCI EM (TR) Index. The share price, however, returned 8.4%. Performance After two […]
SQN Asset Finance Income’s operational focus supports performance – SQN Asset Finance Income Fund (SQN) has published its annual report for the year ending 30 June 2018. Performance of NAV The company’s NAV total return per share was +6.2%. For the 2016 C shares, the total return was +1.9%. The portfolio is performing well, with […]
Another registered provider being reviewed by regulator – on 18 September 2018 the Regulator of Social Housing published a ‘Grading under review notice’ on Trinity Housing Association Limited. The notice says that “Trinity Housing Association Limited does not currently have a regulatory judgement as it previously held less than 1,000 homes. We are investigating a […]
Baillie Gifford Japan benefits from positive stock selection – the annual statement for Baillie Gifford Japan (BGFD) has been released. Performance The company’s net asset value returned 22.1% (total return in sterling terms). By comparison, the company’s benchmark, the TOPIX index rose by 7.8% on the same basis. This was after deducting borrowings at fair value. The share price […]
Sirius completes acquisition of business park in Mannheim – Sirius Real Estate (SRE) has announced that it has completed the acquisition of a business park in the northeast of Mannheim in South West Germany. The total consideration was €9.62 million, reflecting an EPRA net initial yield of 6.0%. Funding The acquisition was funded using a combination of capital raised from […]
Invesco Income Growth trims fees – Following constructive discussions with the company’s manager, Invesco Fund Managers Limited, Invesco Income Growth‘s board has announced the agreement of amendments to the existing fee arrangement became effective 1 October 2018. A reduction in the fee from 0.65% to 0.60% for the first GBP150 million of market capitalisation; A reduction in the […]
Dunedin Enterprise sells Pyroguard, plans cash return – Dunedin Enterprise Investment Trust has announced the successful realisation of Pyroguard, the specialist fire resistant glass manufacturer. Total proceeds from the sale amounted to GBP9.3m representing an uplift of GBP0.4m over the valuation of GBP8.9m at 31 March 2018. The original cost of the investment was GBP3.8m and over its […]
Strategic Equity Capital NAV edges higher – Strategic Equity Capital has announced results for the year ended 30 June 2018. On a total return basis, the NAV per share increased by 1.8% during the year, behind the Small Cap ex Investment Trusts return of 6.4%. The share price fell during the year by 1.6%. The board is proposing a final […]
Schroder Japan reports modest outperformance – Schroder Japan Growth Fund has published its annual report for the year ended 31 July 2018. The NAV and share price outperformed the TSE First Section Total Return Index, producing total returns of 10.2% and 10.6%, respectively, compared with 9.7% produced by the index. The directors have declared a final dividend […]
Please review our cookie, privacy & data protection and terms and conditions policies and, if you accept, please select your place of residence and whether you are a private or professional investor.
Due to data protection policies, USA residents can not access our data.
Your content has been curated