Interim results for the Premier Recovery investment trust investing in split-cap recovery situations...
Interim results for the Premier Recovery investment trust investing in split-cap recovery situations show a fall in NAV of 54% in the period between 23 November and 31 March, according to Credit Lyonnais Securities. The trust, managed by David Hambridge and consisting of ordinary shares and zeros, has seen gross assets to £18.7m from £40.7m, compared with a rise of 0.1% in the FTSE All Share Index. A first interim dividend of 2.45p has been declared.
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