Mid Wynd NAV up by 20.6%

Mid Wynd the investment trust focused on international quoted equities, saw its net asset value per share rise by more than a fifth in the third quarter.Net asset total return in the three months to 30 September was 22.8%, slightly beating the 21.8% return achieved by the trust's benchmark comparison, the FTSE World Index (£).Equity shareholders' funds leapt to £47.1m from £39.1m at the end of June, giving a net asset value of 936p, up from 776.5p three months earlier. The share price discount to the net asset value widened over the period from 13.4% to 19.0%.During the quarter the company drew down €1.32m under its $5m (sic) facility with Lloyds TSB Scotland and a further £2m under a new facility with Lloyds TSB Scotland.