Scottish American sees NAV fall on Eurozone worries

The Scottish American Investment Company, an investment trust often referred to as SAINTS, saw its net asset value "total return", including income and capital, fall 11.8% in 2011.

The Scottish American Investment Company, an investment trust often referred to as SAINTS, saw its net asset value "total return", including income and capital, fall 11.8% in 2011.

During the same period the benchmark against which SAINTS is measured fell just 5.2%

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

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

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.