11th Mar 2022 14:33
CQS Natural Resources Growth & Income PLC - company with a portfolio of mining and resource equities - Reports a net asset value per share as at December 31 of 195.2 pence, up 13% versus 172.4p as at June 30.
Records total NAV return of 15% in the six months to December 31, down from 47%, year-on-year. Says this beats the 0.2% of its composite benchmark.
Attributes the performance to good asset allocation from its overweight positions in copper, shipping and lithium.
Leaves its first-half payout unchanged with two interim dividends of 1.26p each per share.
Current stock price: 194.00 pence, up 2.7% on Friday
12-month change: up 46%
By Abby Amoakuh; [email protected]
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