Seneca Global Income & Growth PLC Update research from QuotedData
June 13 2017 - 5:14AM
RNS Non-Regulatory
TIDMSIGT
Seneca Global Income & Growth PLC
13 June 2017
Seneca Global Income & Growth plc - Update research from
QuotedData
13(th) June 2017
Changing tack
Seneca Global Income & Growth (SIGT) has continued to
outperform its flexible investment peer group, since QuotedData
last wrote, while providing lower volatility of returns. Under its
discount control mechanism, SIGT has been recently issuing and
repurchasing shares (see page 2). Demand has been stronger than its
managers expected and the trust has expanded. Assuming this trend
continues, it should lower SIGT's ongoing charges ratio (a measure
of the annual drag on performance caused by operational
expenses).
Full research:
http://quoteddata.com/2017/06/seneca-global-income-growth-changing-tack/
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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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