Source - RNS
RNS Number : 0582J
SME Loan Fund PLC (The)
06 September 2016

SME Loan Fund PLC (the) - Update research from QuotedData

6th September 2016

Steady progress in turbulent times


The SME Loan Fund (SMEF) has been one of the best-performing funds in its peer group in NAV terms since it was launched. It is focused on lending to small and medium-sized enterprises (SMEs), an area which in the experience of the UK investment companies market to date, has proved to be less prone to defaults than consumer lending. The board and the manager are keen to close the discount and expand the fund. They point out that investors buying today can, if they wish, exit part of their holding at NAV less 0.5% in March 2017. The board may also consider buying back stock beforehand.


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NB: this note has been prepared for The SME Loan Fund 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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