Last checked at 
11 May 2012 07:00
New Star Investment Trust PLC
Unaudited interim management statement for the quarter ended 31 March 2012
This is the Company's interim management statement for the quarter ended 31 March 2012. The statement is being made solely to comply with the requirements of the UK Listing Authority's disclosure and transparency rules and should not be relied upon by third parties for any other purpose.
Investment objective
The Company's objective is to achieve long-term capital growth.
Benchmarks
The Board has agreed that to measure the extent to which the Company is achieving its investment objective, reference should be made to the returns of the FTSE World Total Return Index and the FTSE All-Share Total Return Index.
Financial summary 31 March 2012 31 December 2011 Net asset value per share (bid) (p) 100.68 97.62
Net assets (bid) (£'000) 71,504 69,334 Share price (p) 70.00 69.88 Financial performance Quarter ended Nine months ended 31 March 2012 31 March 2012 % change % change Ordinary share NAV 3.13 -5.27 Share price 0.18 -4.27 FTSE World Total Return Index 8.96 0.04 (sterling adjusted)
FTSE All-Share Total Return Index 6.10 -0.52
Ten largest holdings Value at % of net assets 31 March 2012 (£'000)
Henderson Euro Special Situations 7,040 9.85
Blackrock Gold & General 5,810 8.13 Investec Africa 3,606 5.04 Polar Global Technology 3,429 4.80 M&G Optimal Income 2,970 4.15 Trojan 2,965 4.15 Henderson Private Equity 2,827 3.95 Artemis UK Special Situations 2,794 3.91 Gold Bullion Securities 2,793 3.91 Atlantis China 2,260 3.16 -------- -------- Total 36,494 51.04 Capital structure
The Company has a simple capital structure consisting of Ordinary shares. There have been no changes to the Company's issued or authorised share capital, which remains: 305,000,000 Ordinary shares of £0.01 authorised and 71,023,695 Ordinary shares of £0.01 issued.
Material events
There have been no material events or related party transactions between 1 January 2012 and the date of this statement's publication, other than as disclosed above.
NAV at 30 April 2012
The Company's published net asset value per share at 30 April 2012 was 98.93p.
By order of the board
Phoenix Administration Services Limited
Company secretary11 May 2012END
For information purposes, the above interim management statement has been put on the Company's website, www.nsitplc.com.
XLON