24th Jun 2020 07:00
24 June 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 31 May 2020, the unaudited estimated NAV per Ordinary Share was 69.99 pence.
As at 31 May 2020, the unaudited estimated NAV per C Share was 98.41 pence.
The Company also announces the cumulative NAV total return1 performance as at 31 May 2020, as follows:
Share class | Month-to-month return | 1 year return | 3 year return | Return since inception |
Ordinary shares | 1.30% | (22.02)% | (12.54)% | 4.97% |
C shares | 1.48% | 6.65% | 15.77% | 15.73% |
Shareholders should note that the hedging of non-Sterling balances into Sterling has been lifted and, therefore, the returns during May contain some foreign exchange impact.
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 May 2020 will shortly be available on the website: https://www.kkvim.com/sqn-asset-finance-income-fund
For further information please contact:
KKV Investment Management Limited [email protected]
Dawn Kendall
Chris Greener
Christian Holder
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.
Related Shares:
SQN.L