Last checked at 
18 Nov 2011 11:05
New Star Investment Trust PLC
Unaudited interim management statement for the quarter ended 30th September 2011
This is the company's interim management statement for the quarter ended 30thSeptember 2011. The statement is being made solely to comply with therequirements of the UK Listing Authority's disclosure and transparency rulesand 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 isachieving its investment objective, reference should be made to the returns ofthe FTSE World Total Return Index and the FTSE All-Share Total Return Index.Financial summary 30th September 2011 30th June 2011
Net asset value per share (bid) (p) 97.11 106.28
Net assets (bid) (£'000) 68,971 75,484 Share price (p) 72.00 73.13 Financial performance Quarter ended Financial year 30th September 2011 to date % change % change Ordinary share NAV -8.63 -8.63 Share price -1.54 -1.54 FTSE World Total Return Index -14.97 -14.97 (sterling adjusted)
FTSE All-Share Total Return Index -13.50 -13.50
Ten largest holdings Value at % of net assets 30th September 2011 (£'000) BlackRock Gold & General 6,278 9.10
Henderson Euro Special Situations 6,127 8.88
Investec Africa 3,515 5.10 Henderson Private Equity 3,128 4.54 Trojan 2,853 4.14 Gold Bullion Securities ETF 2,800 4.06 Polar Global Technology 2,776 4.02 M&G Optimal Income 2,696 3.91 Artemis UK Special Situations 2,465 3.57 Atlantis China 2,257 3.27 ----- ----- Total 34,894 50.59
At 30 September 2011 the company held £15.9 million in cash.
Capital structure
The company has a simple capital structure consisting of ordinary shares. Therehave been no changes to the company's issued or authorised share capital, whichremains: 305,000,000 ordinary shares of £0.01 authorised and 71,023,695ordinary shares of £0.01 issued.
Material events
There have been no material events or related party transactions between 1stJuly 2011 and the date of this statement's publication, other than as disclosedabove.NAV at 31st October 2011
The company's published net asset value per share at 31st October 2011 was 99.54p.
By order of the boardPhoenix Administration Services Limited.Company secretary17th November 2011END
For information purposes, the above interim management statement has been put on the company's website, www.nsitplc.com.
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