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 to Money Morning
Our team, led by award winning editors, is dedicated to delivering you the top news, analysis, and guides to help you manage your money, grow your investments and build wealth.
-
Water bills set to rise by 21% a year – how to cut costs
Households could see their water bills soar by roughly 21% annually, but suppliers warn it’s not enough to address essential repairs.
By Oojal Dhanjal Published
-
Should you invest in Canada?
Canada presents a compelling opportunity for investors who want to look beyond the US. Greg Eckel of Canadian General Investments highlights four favourites
By Greg Eckel Published