Bankers Investment Trust looking to US for NAV return

The Bankers Investment Trust says Eurozone headwinds have forced it to increase its exposure to US equities, but the firm still managed to grow net asset value (NAV) per share ahead of its comparator, the FTSE All-Share.

The Bankers Investment Trust says Eurozone headwinds have forced it to increase its exposure to US equities, but the firm still managed to grow net asset value (NAV) per share ahead of its comparator, the FTSE All-Share.

NAV per share for the six months ending on April 30th was 472.9p, up 5.8% on the same period of 2011, and better than FTSE All-Shares's gain of 4.3% (although noticeably less than the 10.9% achieved by the S&P 500).

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