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Pin to quick picksEdinburgh Investment Trust PLC Share News (EDIN)

Share Price Information for Edinburgh Investment Trust PLC (EDIN)

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Share Price: 720.00
Bid: 716.00
Ask: 718.00
Change: 1.00 (0.14%)
Spread: 2.00 (0.279%)
Open: 717.00
High: 720.00
Low: 716.00
Prev. Close: 719.00
EDIN Live PriceLast checked at -
Edinburgh Investment is an Investment Trust

To achieve an increase of the NAV per share in excess of the growth in the FTSE All-Share Index and dividend growth that exceeds UK inflation rate by investing primarily in UK securities.

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Edinburgh Investment grows NAV despite market turmoil

Fri, 01st Jun 2012 07:39

Edinburgh Investment Trust, the FTSE 250 group focused on UK securities, put in a resilient performance in the year to March 31st, growing net asset value (NAV) by a tenth in spite of the volatile market conditions during the period.NAV per share at market value increased by 10.2% over the period, from 434.02p to 478.3p. Revenue return per share excluding VAT recovered on management fees and interest increased by 6.3% from 20.8p to 22.1p.The final dividend was raised by 5.8% from 20.8p to 22p.Looking at its portfolio, the company is weighted heavily in the defensive sectors - assets investors often pour into when markets are volatile - and that strategy seemed to work during the year with its share price jumping 17.6%, compared with the FTSE All-Share Index which rose by only 1.4%. The group has a great deal of exposure to pharmaceuticals, tobacco and telecoms stocks."Economic and market conditions have remained challenging throughout the past 12 months. However, against this backdrop, the company's defensively positioned investment portfolio delivered substantial out-performance against the broader market for the year ended March 31st 2012," said Chairman Jim Pettigrew.In regards to the outlook, Pettigrew admitted that "there appears to be no realistic end in sight to the ongoing difficult economic and market environment."He said that "relatively concentrated nature of the portfolio may from time to time result in material short-term performance deviations from the benchmark.""However, the board and the manager continue to believe that in the present difficult market environment the current defensive investment approach provides resilience whilst still providing the opportunity for creating growth in shareholder value over the long term."Shares were up 0.2% at 469.44p in early trading on Friday.BC
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LONDON (Alliance News) - The Edinburgh Investment Trust PLC Wednesday said it outperformed its benchmark index over the course of its last financial year. In a statement, the trust said it produced a net asset value total return of 12.5% with debt at face value, and 14.4% with debt at marke

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27 Feb 2014 16:22

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3 Feb 2014 12:01

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31 Jan 2014 15:49

Berkeley directors trade in vested shares

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18 Nov 2013 11:31

Ex-divs to take 7.4 points off FTSE 100 on Nov. 20

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14 Nov 2013 13:04

Edinburgh Investment Trust Portfolio Manager Cautions On Future Returns

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16 Oct 2013 14:58

Funds feature: Invesco eyes considerable outflows while Edinburgh IT could rebound

The shocking resignation of Invesco Perpetual's superstar fund manager Neil Woodford, who manages almost 30bn pounds spread out over five funds, has had repercussions across the industry. Two listed vehicles in particular, Perpetual's US parent Invesco and FTSE 250-listed Edinburgh Investment Trus

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29 May 2013 07:45

Edinburgh Investment Trust's call on pharmaceuticals pays off

The FTSE 250-listedEdinburgh Investment Trust, which invests primarily in UK securities, produced a net asset value (NAV) total return for the year to March 31st of 21.1 per cent debt at par and 22.4 per cent debt at market value. This was far above the total return of 16.8% for the FTSE All-Share

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29 Apr 2013 14:59

Ex-divs to take 2.91 points off FTSE 100 on May 1

LONDON, April 29 (Reuters) - The following FTSE 100 companies will go ex-dividend on Wednesday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, the effect of the resulting adjustment to prices by marke

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14 Nov 2012 08:35

Edinburgh Investment trumps FTSE index

FTSE 250 Edinburgh Investment Trust, which invests primarily in UK securities, said net asset value (NAV) increased more than the FTSE All-Share Index. NAV with debt at market value rose by 3% on a total return basis compared with a 1.9% rise in the FTSE index. Chairman Jim Pettigrew commented:

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1 Jun 2012 13:21

FTSE 250 movers: Aquarius Platinum down on metal price

RIT Capital Partners, the investment trusted started by Lord Jacob Rothschild, was on the up on news the company is offering investors a big increase in dividends, despite reporting a drop in its net asset value (NAV). Also rising was Edinburgh Investment Trust, a group focused on UK securities, a

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1 Jun 2012 11:31

London midday: Manufacturing figures pressure markets lower

- Manufacturing PMIs in UK, Eurozone, China fall - Eyes on US payrolls - BP jumps on TNK-BP sale After a bright start early on, London's blue chip index had dropped into the red by Friday lunchtime after a barrage of disappointing manufacturing data dampened market sentiment. Manufacturing purchas

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1 Jun 2012 08:25

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