Updated link has been made to the Update research from QuotedData announcement released on 3rd February 2022 at 17:45 under RNS No 6690A.
All other details remain unchanged.
The full amended text is shown below.
Herald Investment Trust - Update research from QuotedData
2nd Feb 2022
The future is bright
Whilst Herald Investment Trust's (HRI's) results for the year ended 31 December 2021 will not be published for some time, it looks as though it had another impressive year, with particularly strong performances from its semiconductor and UK media holdings (see pages 15 to 23 for a detailed look at HRI's performance during 2021).
Rising inflation and the potential for interest rises has taken some of the steam out of growth stocks recently, but HRI's longstanding manager, Katie Potts, believes there's more to go for. She feels that the sector's growth will provide a considerable defence against the effects of higher inflation, and remains enthused about the prospects for the stocks in HRI's portfolio and their ability to have pricing power in an inflationary environment. HRI's share price discount to net asset value (NAV) has widened recently, but we think this could narrow, potentially making this a good entry point.
Full research:
https://quoteddata.com/research/herald-investment-trust-the-future-is-bright-qd/
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