London, UK, 22 January 2015
Edison issues research update on City Natural Resources High Yield Trust
City Natural Resources High Yield Trust (CYN) provides actively managed diversified exposure to the natural resources sector with a particular focus on income. A broad decline in commodity prices accounts for the negative performance of CYN and its peers over the last few years, although 2014 saw an easing of the downtrend despite the fall in the oil price. Signs that lower prices will feed through to lower supply raise the prospect of a more favourable balance in many commodity markets. Meanwhile, CYN offers a yield of over 5% and is trading at the top of its recent discount range.
For the full report see:
http://www.edisoninvestmentresearch.com/research/company/city-natural-resources
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