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Mid Wynd Shakes Off Market Uncertainty To Beat Benchmark

4th Sep 2020 11:03

(Alliance News) - Mid Wynd International Investment Trust PLC on Friday reported a rise in annual net assets and added that it outperformed its benchmark.

Net asset value per share at June 30 came in at 612.61 pence, up 11% from 553.16p a year earlier.

Shares in the company were 0.6% lower at 650.06p each in London on Friday morning.

The investor reported a net asset value total return of 12%, down from 13% a year earlier but outperforming the MSCI All Country World index which returned 5.2%.

Mid Wynd raised its payout by 5.0% to 6.12p from 5.83p.

"Your company has shown solid performance throughout this uncertain period. However, the consequences of the world and market reactions to the pandemic cannot be known for some considerable time," the trust said.

By Eric Cunha; [email protected]

Copyright 2020 Alliance News Limited. All Rights Reserved.


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Mid Wynd International Investment Trust
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Value8,809.74
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