Statistics and Performance Re

RNS Number : 4162X

Herald Investment Trust PLC

06 December 2010

 

	HERALD INVESTMENT TRUST
STATISTICS AND PERFORMANCE REPORT
	At inception		At			At			Performance		Performance
	16 February		29 October 2010			30 November 2010			since 29 October		since inception
	1994								2010 (%)		(%)
NAV (p) excl accrued income	98.7	p*	556.6	P		559.7	P		+0.5%		+467.0%
NAV (p) incl accrued income	N/A		556.6	P		559.3	P		+0.5%		N/A
FTSE-100	3417.7		5675.2			5528.3			-2.6%		+61.8%
FTSE-All-share	1717.8		2936.2			2861.6			-2.5%		+66.6%
FTSE-Smallcap	2076.1		3077.0			2995.3			-2.7%		+44.3%
HGSC + AIM
(capital gains ex I.T.)	1750.0		3353.0			3342.3			-0.3%		+91.0%
Benchmark***	98.7		190.3			193.9			+1.9%		+96.5%
Share price	90.9	p**	449.9	P		440.0	P		-2.2%		+384.0%
Discount to NAV/share as at 30 November 2010											(21.3%)
UK Equity Portfolio as a % of Net Assets as at 30 November 2010****											65.8%
Overseas Equity Portfolio as % of Net Assets as at 30 November 2010											34.3%
(Gearing)/Cash as a % of Net Assets as at 30 November 2010*****											(0.1%)
Number of Equity Holdings as at 30 November 2010											219
*100p was the subscription price before launch costs of 1.3p
**90.9p is CGT base subscription price for shareholders adjusting for warrants which
were issued on a 1 for 5 basis.
***Benchmark(2/3 HGSC + AIM (capital gains ex I.T) and 1/3 Russell Technology Index in Sterling terms)
****Includes 3 convertibles and 2 warrants.
*****Gearing is debt net of fixed interest securities and net current assets. Cash includes fixed interest securities and net current assets.
The Net Assets Value at 30/11/2010 including current year income was £448.7m (£449.0m excluding current year income).
There are 80,223,283 shares currently in issue.
This Report has  been  issued  on  behalf  of  Herald  Investment  Trust plc, and  has  been  approved  by  Herald  Investment Management Limited, its investment manager. Herald Investment Management Limited is authorised and regulated by the Financial Services Authority.   You should remember that past performance is not necessarily a guide to the future.  Markets and currency movements may cause the value of shares, and the income from them, to fall as well as rise, and you may get back less than you invested when you decide to sell your shares.

 

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