Edinburgh Worldwide Investment Trust return beats benchmark in H1

08:09 22/06/2018
StockMarketWire.com - Edinburgh Worldwide Investment Trust said Friday net assets value per share rose 4.4%, beating its benchmark following good performance in the underlying portfolio.

For six months to 30 April, net asset value per share rose 4.4%, beating its benchmark S&P Global Smaller Companies index return of 0.5%.

The company said the positive performance was supported by strong results from holdings in its portfolio including online grocery group Ocado, food-ordering platform GrubHub, and cancer drug company Nucana.

The share price over the six months rose by 13.5% to 784.0p representing a premium of 4.5%, compared to a discount of 3.9% at the beginning of the period.

The fund delivered a net loss of 0.46p per share compared to a gain of 0.27p following a one-off refund of French withholding tax and associated interest.

Post period, Unity Biotechnology was listed on Nasdaq and a new holding was taken in Akili Interactive Labs, the company said.

At 8:09am: (LON:EWI) Edinburgh Worldwide Investment Trust Plc share price was +9p at 937p

Story provided by StockMarketWire.com



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