Source - RNS
RNS Number : 9465H
Seneca Global Income & Growth PLC
13 June 2017
 

Seneca Global Income & Growth plc - Update research from QuotedData

13th 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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