Statistics and Performance Report

RNS Number : 6750J

Herald Investment Trust PLC

13 September 2016

 

HERALD INVESTMENT TRUST
STATISTICS AND PERFORMANCE REPORT
	At inception		At		Performance since	Performance	Performance
	16 February		31 August		29 July	YTD (%)	since inception
	1994		2016		2016 (%)		(%)
NAV (p) excl accrued income	98.7	p*	1010.2	p	+5.1%	+14.6%	+923.5%
NAV (p) incl accrued income	98.7	p*	1010.7	p	+5.1%	+14.6%	+984.7%	**
Numis SC + AIM (capital gains ex I.T.)	1750.0		4786.2		+3.4%	+3.4%	+173.5%
Russell 2000 Technology Index (capital gains in Sterling terms)	673.8	***	1971.5		+4.9%	+28.0%	+192.6%
Share price	90.9	p****	795.0	p	+4.6%	+6.7%	+774.6%
Premium/(Discount) to NAV (excl accrued income)/share as at 31st August 2016							(21.3)%
UK Equity Portfolio as a %  of Net Asset Value at 31st August 2016*****							60.0%
Overseas Equity Portfolio as a % of Net Asset Value at 31st August 2016							34.1%
(Gearing)/Cash as a % of Net Asset Value at 31st August 2016******							5.9%
Number of Equity Holdings at 31st August 2016							259
*100p was the subscription price before launch costs of 1.3p
** Total return (in percentage terms) on 100p invested at inception
***Value shown is from 31/03/1996 the date funds were first available for international investment.
****90.9p is CGT base subscription price for shareholders adjusting for warrants which were issued on a 1 for 5 basis.
*****Includes 2 convertible bonds and 1 convertible preference share.
******  Gearing is total assets (including all debt used for investment purposes) less all cash and fixed interest securities (excluding convertibles and corporate bonds) divided by shareholders' funds.
These figures are not audited and are subject to revision when the income account has been finalised for the interim period
At 31/08/2016 the Net Asset Value including current year income was £753.9m (£753.5m excluding current year income). Income is shown net of expenses.
There are 74,593,701 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 Conduct 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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