SIGT.L Regulatory News (SIGT)

Seneca Global Income & Growth - Update research from QuotedData

24th April 2020

Triple whammy but standing by the dividend

The outbreak of covid-19 has taken the wind out of global markets and Seneca Global Income & Growth Trust (SIGT) has not been immune to this; its net asset value (NAV) has fallen 30.4% during the first quarter of 2020 (23.6% in March - all in total return terms). It has suffered a triple whammy from its UK-biased value style, its mid cap exposure and the correlation of alternative asset fund prices to equity markets, but its board has said that it intends to maintain the quarterly dividend rate at 1.68p per share for the time being.

Full research:

https://quoteddata.com/research/seneca-global-income-growth-triple-whammy-standing-dividend/

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