Net Asset Value(s)

RNS Number : 6776N

SQN Asset Finance Income Fund Ltd

22 May 2020

 

22 May  2020

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value

SQN Asset Finance Income Fund Limited (the "Company"), provides the following monthly net asset value ("NAV").

Net Asset Value and Performance

As at 30 April 2020, the unaudited estimated NAV per Ordinary Share was 69.09 pence.

As at 30 April 2020, the unaudited estimated NAV per C Share was 96.98 pence .

The Company also announces the cumulative NAV total return¹ performance as at 30 April 2020, as follows:

Share class	Month-to-month return	1 year return	3 year return	Return since inception
Ordinary shares	(1.05)%	(22.67)%	(13.30)%	3.63%
C shares	(0.02)%	5.92%	14.15%	14.04%

Shareholders should note that the hedging of non-Sterling balances into Sterling has been lifted and, therefore, the returns during March contain some foreign exchange impacts.

Performance Footnote¹

The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.

Factsheet

The Company's factsheet for April 2020 will shortly be available on the website: 

https://www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund/documents-and-downloads/

For further information please contact:

SQN Capital Management, LLC Jeremiah Silkowski  Nicola Bird      Catherine Halford Riera	01932 575 888 [e-mail] [e-mail]   [e-mail]
Winterflood Securities Limited	020 3100 0000
Neil Langford Chris Mills
Buchanan Charles Ryland Victoria Hayns Henry Wilson	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

The Company's Investment Managers are SQN Capital Management, LLC, a Registered Investment Advisor with the United States Securities and Exchange Commission and its subsidiary, SQN Capital Management (UK) Limited. The principal responsible for managing the portfolio is Jeremiah Silkowski.

 

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