IN BRIEF: CT Global Managed annual return underperforms index
9th Aug 2022 17:06
CT Global Managed Portfolio Trust PLC - invests in investment companies offering Growth or Income shares - In the year ended May 31, net asset value total per Income share total return is negative 1.5%, underperforming the FTSE All-Share Index return of 8.3%. Dividend per Income share increases 7.3% year-on-year to 6.65 pence. NAV total return per Growth share is minus 11.4%, also underperforming the FTSE All-Share Index. Pretax loss on ordinary activities is GBP13.4 million, swung from a pretax return of GBP39.8 million a year before. Swings to total loss on Income shares of 2.10p and Growth shares of 32.28p, from a return of 32.53p and 67.27p respectively. Read More