Henderson Value Trust Outperforms Benchmark

LONDON (Alliance News) - Henderson Value Trust PLC Friday said it outperformed its benchmark in the four months to January 31 2014.

The trust's total return was 0.8% in the period compared with 1.9% return for FTSE World Index, while its net asset value per share rose to 292.44 pence at the end of January from 290.21 pence at September 30, 2013.

The investment company said it made five new purchases and one investment in an existing holding, Real Estate Credit Investments PCC Limited, for a total of GBP12.3 million between October 1 2013 and January 31 2014.

During the period, the company said it generated cash proceeds of GBP6.2 million from disposals and various other liquidity events, while its biggest investment remained in Oryx International Growth Fund Limited.

Oryx International Growth Fund Ltd is a closed-ended investment company incorporated in Guernsey and listed on the main market of the London Stock Exchange.

The stock was trading at 250.49 pence Friday morning, down 0.51 pence or 0.2%.

By Anthony Tshibangu; anthonytshibangu@alliancenews.com; @AnthonyAllNews

Copyright © 2014 Alliance News Limited. All Rights Reserved.

Oryx International Growth