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IN BRIEF: Sequoia Economic NAV falls in February

14th Mar 2023 11:31

Sequoia Economic Infrastructure Income Fund Ltd - London-based income fund - Says net asset value per share decreased to 93.10 pence per share in February, down from 93.55p the month before. Attributes the movement to asset valuations and foreign exchange movements net of hedges, which amounted to negative 1.14p, while interest income increased NAV by 0.68p.

Current stock price: 84.23 pence each, up 1.7% on Tuesday morning in London

12-month change: down 17%

By Harvey Dorset, Alliance News reporter

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Copyright 2023 Alliance News Ltd. All Rights Reserved.

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