10 Mar 2017 12:22
Seneca Global Income & Growth - Update research from QuotedData
10th March 2017
Celebrating five years since strategy change
It has been five years since Seneca Global Income and Growth Trust (SIGT) changed its strategy to allow its managers greater flexibility in managing its multi-asset portfolio. As this anniversary passes, SIGT has moved into the AIC's flexible investment sector where it is one of the best-performing trusts, yet its return volatility is markedly below the peer-group average. Seven months ago, SIGT introduced a new discount control mechanism (DCM) that is keeping the Trust trading at close to a zero discount. It is designed to give investors confidence that they can trade in and out of SIGT at close to NAV. The board believe that this will provide SIGT with a strong foundation on which it can grow.
Full research:
http://quoteddata.com/2017/03/seneca-global-income-growth-celebrating-years-strategy-change/
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