Securities Tst Scot (STS); NAV total return at 12.3%

Published on 06-12-2019 09:40:00
Author Sparks Team
Shore Capital Group (SGR); acquires Stockdale Securities for an initial consideration of £4.9m

Securities Trust of Scotland announced its half-year financial report for the six months to 30 September 2019. The NAV total return was 12.3% compared with the open- and closed-ended peer group median return of 8.7%. The share price total return stood at 17.0% and revenue return per share increased 10.0% to 4.30p.

Securities Trust of Scotland announced its half-year financial report for the six months to 30 September 2019. The NAV total return was 12.3% compared with the open- and closed-ended peer group median return of 8.7%. The share price total return stood at 17.0% and revenue return per share increased 10.0% to 4.30p.

The company benefits from a global mandate and therefore the widest possible opportunity set in which to seek value and opportunity. The inherent diversification advantage helps to reduce exposure to single-nation risks, domestic market issues and political surprises.

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