Edinburgh Dragon takes a knock
Edinburgh Dragon Trust, the FTSE 250 Asian investment trust, saw 7.6 per cent knocked off its net asset value in the last quarter.
Edinburgh Dragon Trust, the FTSE 250 Asian investment trust, saw 7.6 per cent knocked off its net asset value in the last quarter.
However, it outperformed its benchmark, the MSCI All Country Asia (excluding Japan) Index, which fell 9% in the three months to the end of May.
The Trust, which has the objective of long term capital growth through investment in the Far East, saw its share price fall 10.7% to 225.7p over the period.
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It reported total investments of £547.4m at the end of May, and a cash pile of £1.2m.
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