Last checked at 
18 Nov 2010 10:17
NEW STAR INVESTMENT TRUST PLC
Unaudited Interim Management Statement for the quarter ended 30th September 2010
This is the Company's Interim Management Statement for the quarter ended 30th September 2010. The statement is being made solely to comply with the requirements of the UKLA'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
30th September 2010 30th June 2010 Net asset value (NAV) per share 99.83p 95.70p Net assets £70,903,000 £67,972,000 Share price 72.00p 70.00pFinancial performance Quarter ended Financial Year 30th September 2010 to date Ordinary share NAV 4.3% 4.3% Share price 2.9% 2.9% FTSE World Index (in sterling) 8.7% 8.7% FTSE All-Share Index 13.6% 13.6%Ten largest holdings Value at 30th September 2010 % of (£'000) net assets BlackRock Gold & General Fund 6,579 9.3 Henderson European Special Situations Fund 6,540 9.2 Investec Africa Fund 4,244 6.0 Occam Asia Focus Fund 4,177 5.9 Atlantis China Fund 3,020 4.3 Polar Capital Global Technology Fund 2,874 4.1 M&G Optimal Income Fund 2,657 3.8 Trojan Fund 2,604 3.7 Artemis UK Special Situations Fund 2,504 3.5 Gold Bullion Securities ETF 2,224 3.1 TOTAL 37,424 52.9Capital 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 1st July 2010 and the date of this statement's publication, other than as disclosed above.
Latest net asset value
The Company's published net asset value per share at 31st October 2010 was 102.02p.
By order of the BoardPhoenix Administration Services LimitedCorporate Secretary18th November 2010END
For information purposes, the above Interim Management Statement has been put on the Company's website: www.nsitplc.com
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