11th Nov 2013 11:48
LONDON (Alliance News) - Pacific Horizon Investment Trust PLC Monday said it had outperformed its benchmark in the three months to end-October, with a total return on its net asset value at fair value of 3.7%, above the benchmark's 2.3% total return.
The trust, which invests in the Asia-Pacific region, excluding Japan, and in the Indian Sub-continent in order to achieve capital growth, changed its comparative index to the MSCI All Country Asia ex Japan Index in sterling terms from the MSCI All Country Far East ex Japan Index in sterling terms on August 1.
Net asset value was 187.13 pence on October 31, up from 182.01p on July 31.
Pacific Horizon shares were Monday quoted at 165.00 pence, up 0.5%.
By Samuel Agini; [email protected]; @samuelagini
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