News Column

World Trust Fund's Quarterly NAV Rises But Underperforms Benchamark

August 5, 2014

Rowena Harris-Doughty



LONDON (Alliance News) - The World Trust Fund said its net asset value rose in its last quarter, but still underperformed its benchmark.


The fund aims to achieve long-term capital appreciation by investing in companies, in the main closed-end investment companies.


The World Trust Fund said its net asset value rose 2.3% in the three months to June 30, compared with a rise of 5% in the MSCI All Countries World Index.


The fund's share price rose by 2.8% in sterling terms to 222 pence.


Shares in The World Trust Fund were untraded before midday Tuesday at 219.50 pence.







For more stories on investments and markets, please see HispanicBusiness' Finance Channel



Source: Alliance News


Story Tools






HispanicBusiness.com Facebook Linkedin Twitter RSS Feed Email Alerts & Newsletters