Seneca Global Income & Growth PLC Update research from QuotedData
March 10 2017 - 6:22AM
RNS Non-Regulatory
TIDMSIGT
Seneca Global Income & Growth PLC
10 March 2017
Seneca Global Income & Growth - Update research from
QuotedData
10(th) March 2017
Celebrating five years since strategy change
It has been five years since Seneca Global Income and Growth
Trust (SIGT) changed its strategy to allow its managers greater
flexibility in managing its multi-asset portfolio. As this
anniversary passes, SIGT has moved into the AIC's flexible
investment sector where it is one of the best-performing trusts,
yet its return volatility is markedly below the peer-group average.
Seven months ago, SIGT introduced a new discount control mechanism
(DCM) that is keeping the Trust trading at close to a zero
discount. It is designed to give investors confidence that they can
trade in and out of SIGT at close to NAV. The board believe that
this will provide SIGT with a strong foundation on which it can
grow.
Full research:
http://quoteddata.com/2017/03/seneca-global-income-growth-celebrating-years-strategy-change/
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NB: this note has been prepared for Seneca Global Income &
Growth Trust by Marten & Co and is for information purposes
only. It is not intended to encourage the reader to deal in the
security or securities mentioned in this report. Please read the
important information at the back of this note. QuotedData is a
trading name of Marten & Co Limited which is authorised and
regulated by the FCA. Marten & Co is not permitted to provide
investment advice to individual investors.
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