Mid Wynd Outperforms Benchmark Index

Tue, 22nd Oct 2013 16:17

LONDON (Alliance News) - Mid Wynd International Investment Trust PLC Tuesday said it has outperformed its benchmark index in the first quarter of the financial year.

Mid Wynd, which has stakes in a range of equities, including IP Group PLC and ASOS PLC, said its net asset value total return was 7.0% in the three months to September 30, compared to a 1.3% total return from the FTSE World Index in sterling terms.

Its NAV per share was 268.6 pence on September 30, up from 253.1 pence on June 30.

Mid Wynd shares Tuesday closed at 261.98 pence, down 258.00 pence, or 2.1%.

By Samuel Agini; samagini@alliancenews.com; @samuelagini