Shore Capital Group Ltd Shore Capital Group Limited : Performance Of Funds - Monthly Update
July 23 2018 - 8:02AM
UK Regulatory
TIDMSGR
23 July 2018
Performance of Funds - Monthly Update
The following table gives the performance for the month ended 31 May
2018 of the funds managed by the Group's subsidiary Shore Capital
Limited and Puma Investments Management Limited, other than products
where monthly statistics are not available.
The table below shows returns for the month:
Fund May January to May Total return since inception IRR Notes
% % % % p.a
Puma VCT 9 0.9 0.3 34.9 9.2 1
Puma VCT 10 0.8 0.2 31.3 10.1 1
Puma VCT 11 - 0.1 32.4 13.1 1
Puma VCT 12 0.1 0.1 30.4 18.5 1
Notes
1. Total return and IRR include the effect of the tax relief gained upon
initial investment.
Further details of these funds including inception dates and strategies
are given in the Group's 2017 Annual Report and Accounts. The returns of
all managed fund products are after an accrual for any carried interest
and are net of a provision for all management fees and expenses.
Total funds under management as at 31 May 2018 were GBP900 million,
equivalent at that date to $1,200 million.
For further information contact:
Shore Capital
Graham Shore +44 (0)20 7408 4090
About Shore Capital
Shore Capital is an AIM quoted independent investment group. Founded and
majority owned by entrepreneurs, for three decades Shore Capital has
been helping entrepreneurial businesses reach their full potential, find
committed long term investors and develop into significant enterprises.
The business offers innovative corporate advice; a leading market-making
business; some of the most respected investment research available in
the UK; and a diverse range of high quality investment opportunities,
including its hugely successful VCTs and principal finance activities.
The Group is based in Guernsey, London, Liverpool, Edinburgh and Berlin.
Shore Capital Stockbrokers Limited, Shore Capital and Corporate Limited,
Shore Capital Limited and Puma Investment Management Limited are each
authorised and regulated by the Financial Conduct Authority. Shore
Capital Stockbrokers Limited is a member of the London Stock Exchange.
www.shorecap.gg
This announcement is distributed by Nasdaq Corporate Solutions on behalf
of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Shore Capital Group Limited via Globenewswire
(END) Dow Jones Newswires
July 23, 2018 09:02 ET (13:02 GMT)
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