Polar Capital Global Healthcare net assets up, outperforms benchmark

(Alliance News) - Polar Capital Global Healthcare Trust PLC on Wednesday reported a rise in its net asset value and said it outperformed its benchmark over the financial year.

The London-based investment trust, focused on global healthcare investments, said NAV per share at September 30 rose 3.5% to 345.66 pence from 333.83p the year before.

Shares in Polar Capital Global Healthcare Trust were up 0.4% at 310.13p each in London on Wednesday morning.

NAV total return for the full-year was 4.2%, outperforming its MSCI ACWI Health Care Index return of 1.2%.

Polar Capital Global declared a second interim dividend of 1.20p, bringing the total dividend for financial 2023 to 2.20p per share, a 4.8% increase from 2.10p a year ago.

Looking ahead, the investor said it remains optimistic of a continued strong performance in the current financial year.

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

Polar Cap Glbl