18th Nov 2013 18:28
LONDON (Alliance News) - Invesco Income Growth Trust PLC Monday said it outperformed its benchmark index over the course of the six months to September 30, according to its half-yearly report.
Invesco Growth Trust said its net asset value per share total return was 5.9% over the six months ended September 30, an improvement on its 4.8% reported for the corresponding period last year.
Meanwhile, the FTSE ALL-Share Index gave a 3.8% total return, compared with its own 1.9% for the corresponding period in 2012.
"We continue to live in an uncertain world both economically and politically and equity markets have performed strongly over recent years, so, as I voiced in my last annual statement the level of returns which we have seen in recent years may be harder to achieve in the year ahead. Notwithstanding this, there are interesting companies to invest in and I am confident that our manager will be able to find attractive opportunities for our portfolio, in order to continue
to successfully meet our longer term investment objectives," Hugh Twiss, Chairman, said in a statement.
Invesco Income Growth Trust shares Monday closed at 271.00 pence, up 0.6%.
By Samuel Agini; [email protected]; @samuelagini
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