12th May 2014 16:08
LONDON (Alliance News) - Aberdeen Smaller Companies High Income Trust PLC Monday said its net asset value rose in the last quarter, but still underperformed its benchmark.
The UK-based investment trust said its net asset value rose 1.3% to 239.6 pence on the three months to March 31. Its benchmark, the FTSE Small Cap ex ICs index, rose 2.1%.
The trust said its share price also increased marginally to 222.5 pence as at March 31, up 0.5%.
Shares in the trust closed Monday 1.8% lower at 214.00 pence
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
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