IN BRIEF: Martin Currie Global Portfolio NAV rises in first half

Martin Currie Global Portfolio Trust PLC - investor in sustainable listed growth companies - Net ...

Alliance News 17 September, 2021 | 1:14PM
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Martin Currie Global Portfolio Trust PLC - investor in sustainable listed growth companies - Net asset value per share increases 15% in the first half of the 2022 financial year, to 413.1 pence on July 31 from 358.2p on January 31. Pretax more than doubles to GBP48.6 million from GBP20.6 million. Declares interim dividend of 0.9 pence per share, its second of the financial year. The strongest contributor in the portfolio is Kingspan Group PLC, while Tencent Holdings Ltd is a weak performer. Expects to continue to generate attractive returns, thanks to the economic recovery, low interest rates and government spending, although inflation is a concern.

Current stock price: 413.75 p

Year-to-date change: up 12%

By Ivan Edwards; ivanedwards@alliancenews.com

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Securities Mentioned in Article

Security Name Price Change (%) Morningstar
Rating
Martin Currie Global Portfolio Ord 369.00 GBX 0.00
Kingspan Group PLC 81.73 EUR 0.00 -
Kingspan Group PLC 83.30 EUR 2.27 -

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