16th Nov 2016 14:41
LONDON (Alliance News) - Terra Capital PLC on Wednesday said its total return on net asset value for the third quarter of 2016 was 6.1%.
The AIM quoted investment trust saw its net asset value rise to USD0.997 at the end of September from USD0.939 as at the end of June.
During the quarter Terra Capital's allocation to the Americas increased to 23.5% from 20.1%, making this the fund's largest regional allocation. Meanwhile, its exposure to Europe decreased slightly to 20.2% from 22.1%, now its second largest regional allocation.
Exposure to Asia decreased to 16.4% from 22.8% and to the Middle East to 15.7% from 16.4%.
Shares in Terra Capital were up 2.6% at USD0.897 Wednesday.
By Hana Stewart-Smith; [email protected]; @HanaSSAllNews
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