Update research from QuotedData

RNS Number : 7114G

Edinburgh Dragon Trust plc

09 August 2016

 

Edinburgh Dragon Trust - Update research from QuotedData

9^th August 2016

Returning to form

Edinburgh Dragon Trust (EFM) is the largest and one of the most liquid investment companies focused on the Asia ex Japan region. Its strong focus on quality has served it well over the long term. EFM's manager says that an environment of very low interest rates has distorted markets, with the result that EFM's focus on quality has not been rewarded. The manager believes that China is stabilising and that the outlook for Asia appears to be improving. In recent months, there has been a noticeable improvement in EFM's net asset value (NAV) performance relative to its peers and its benchmark. Over six months to the end of July, EFM was 1.6% ahead of its peers and 2.7% ahead of its benchmark. However, in the short term, the share price has not kept pace and EFM's discount has widened.

Full research:

http://quoteddata.com/2016/08/edinburgh-dragon-returning-to-form/

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NB: this note has been prepared for Edinburgh Dragon Trust by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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