Throgmorton Trust Share News (THRG)

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Blackrock Throgmorton NAV Rises; Just Underperforms Benchmark

Thu, 27th Mar 2014 15:23

LONDON (Alliance News) - Blackrock Throgmorton Trust PLC Thursday said its net asset value rose in the three months period to February 28, but just underperformed its benchmark.

The company's objective is to provide shareholders with capital growth and an attractive total return through investment primarily in UK smaller and mid-capitalisation companies listed on the main market of the London Stock Exchange.

For the three months to February 28, the trust said its net asset value rose 9.2%, but just underperformed its benchmark which rose 9.5%.

The trust said its shares price rose almost 11% in the period.

Shares in Blackrock Throgmorton were trading 0.7% lower at 307.00 pence per share Thursday afternoon.

By Rowena Harris-Doughty; rowenaharrisdoughty@alliancenews.com; @rharrisdoughty