22nd May 2020 07:00
22 May 2020
SQN Asset Finance Income Fund Limited
Monthly Net Asset Value
SQN Asset Finance Income Fund Limited (the "Company"), provides the following monthly net asset value ("NAV").
Net Asset Value and Performance
As at 30 April 2020, the unaudited estimated NAV per Ordinary Share was 69.09 pence.
As at 30 April 2020, the unaudited estimated NAV per C Share was 96.98 pence.
The Company also announces the cumulative NAV total return1 performance as at 30 April 2020, as follows:
Share class | Month-to-month return | 1 year return | 3 year return | Return since inception |
Ordinary shares | (1.05)% | (22.67)% | (13.30)% | 3.63% |
C shares | (0.02)% | 5.92% | 14.15% | 14.04% |
Shareholders should note that the hedging of non-Sterling balances into Sterling has been lifted and, therefore, the returns during March contain some foreign exchange impacts.
Performance Footnote1
The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.
Factsheet
The Company's factsheet for April 2020 will shortly be available on the website:
https://www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund/documents-and-downloads/
For further information please contact:
SQN Capital Management, LLC Jeremiah Silkowski Nicola Bird Catherine Halford Riera
| 01932 575 888 | ||
Winterflood Securities Limited | 020 3100 0000 | ||
Neil Langford Chris Mills | |||
| 020 7466 5000 |
Notes to Editor
The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.
The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principal responsible for managing the portfolio is Jeremiah Silkowski.
Related Shares:
SQN.L