Interim Management Statement

RNS Number : 4744E

Rights and Issues Inv Trust PLC

10 May 2013

 



Interim Management Statement

Rights and Issues Investment Trust PLC today issues its first interim management statement for 2013 covering the four months to 30^th April 2013.

As has already been published, the unaudited net asset values at 30th April 2013 were:

25p Capital Shares                   4164.6p           (3848.1p at the 31st December 2012)

25p Income Shares                     986.8p           (935.0p at the 31st December 2012)

The UK equity market has been strong in the first four months of 2013 with the FTSE All Share Index rising by 9.6%. The Trust has also made progress with total group equity funds increasing by 7.5% to £93m as at 30^th April.

Sentiment has clearly improved in international equity markets though this is mainly because of continued lax monetary policies and the search for yield in the current era of minimal interest rates.

For further information:

Simon Knott  020-7415-4130

10th May 2013

 

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