28th Nov 2013 17:25
LONDON (Alliance News) - Lindsell Train Investment Trust PLC outperformed its benchmark in the half year ended September 30.
The investment trust posted a return on net asset value per share of 3.6%, outperfoming its benchmark, which only grew 2%.
The company said that its performance was boosted by the rise in value of its largest holding Lindsell Train Limited, and a rise in markets. However, the company cautioned that were there to be a reversal in Lindsell Train Limited's performance it would be the biggest risk for the company.
Shares in the investment trust closed down 2.1% at 344.01 pence Thursday.
By Hana Stewart-Smith; [email protected]; @hanassallnews
Copyright © 2013 Alliance News Limited. All Rights Reserved.
Related Shares:
Lindsell Train