Aberforth NAV above its benchmark index
Aberforth Smaller Companies Trust, a FTSE 250 equity investment firm, saw its net asset value (NAV) rise by 23.5 per cent in the three months ended March 31st.
Aberforth Smaller Companies Trust, a FTSE 250 equity investment firm, saw its net asset value (NAV) rise by 23.5 per cent in the three months ended March 31st.
Comparatively, the company's benchmark, the RBS Hoare Govett Smaller Companies Index (excluding investment companies), gained 18.1%.
The company's share price at the same date was 644.50p, a discount of 15.1% to the NAV.
Subscribe to MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE
Sign up to Money Morning
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter
The share price is currently 618.00p, down 39p compared to the same date a year ago, 16p over the past month and 24p during the last week.
NR
Sign up for MoneyWeek's newsletters
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
-
What happens if you can’t pay your tax bill, and what is "Time to Pay"?
Millions are due to file their tax return this Friday as the self-assessment deadline closes. Though the nightmare is not over until you pay the taxman what you owe - or face a penalty. But what happens if you can't afford to pay HMRC your tax bill, and what is "Time to Pay"?
By Kalpana Fitzpatrick Published
-
What does Rachel Reeves’s plan for growth mean for UK investors?
Rachel Reeves says she is going “further and faster” to kickstart the UK economy, but investors are unlikely to be persuaded
By Katie Williams Published