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British Empire Securities & General Trust Interim NAV Underperforms

Wed, 27th May 2015 16:40

LONDON (Alliance News) - British Empire Securities and General Trust PLC Wednesday reported an increase in its net asset value for the first half of its financial year, but underperformed against its benchmark.

The investment trust said its net asset value per share increased 7.2% on a total return basis in the six months to March 31, although this was below the 8.8% rise in its MSCI All Country World ex-US Index benchmark.

The trust said its delivered a share price total return of 7.2% in the half year and said it maintained its interim dividend at 2 pence per share.

Shares in the trust closed down 1.3% at 527.40 pence on Wednesday.

By Karolina Kaminska; karolinakaminska@alliancenews.com @KarolinaAllNews

Copyright 2015 Alliance News Limited. All Rights Reserved.

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