20th Feb 2014 16:27
LONDON (Alliance News) - F&C Global Smaller Companies PLC said Thursday its net asset value total return underperformed its benchmark for the quarter ended January 31, but it reported a slight increase in its share price.
The investment trust said its net asst value per share total return of 0.1% was behind the its benchmark, while the share price increased by 0.7%.
It said its net asset value per share declined by 0.2% in the period to 829.85 pence per share, compared with 831.13 pence for the prior quarter.
Over the first nine months of the year, the trust said its NAV total return was 10.7%, underperforming the benchmark return of 12%, while its share price has risen by 10% over the same period.
Shares in the trust were trading 0.7% higher at 851.00 pence before the market close on Thursday.
By Rowena Harris-Doughty; [email protected]; @rharrisdoughty
Copyright © 2014 Alliance News Limited. All Rights Reserved.
Related Shares:
FCS.L