Update research from QuotedData

RNS Number : 1689Z

Seneca Global Income & Growth PLC

10 March 2017

 

Seneca Global Income & Growth - Update research from QuotedData

10^th March 2017

Celebrating five years since strategy change

It has been five years since Seneca Global Income and Growth Trust (SIGT) changed its strategy to allow its managers greater flexibility in managing its multi-asset portfolio. As this anniversary passes, SIGT has moved into the AIC's flexible investment sector where it is one of the best-performing trusts, yet its return volatility is markedly below the peer-group average. Seven months ago, SIGT introduced a new discount control mechanism (DCM) that is keeping the Trust trading at close to a zero discount. It is designed to give investors confidence that they can trade in and out of SIGT at close to NAV. The board believe that this will provide SIGT with a strong foundation on which it can grow.

Full research:

http://quoteddata.com/2017/03/seneca-global-income-growth-celebrating-years-strategy-change/

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NB: this note has been prepared for Seneca Global Income & Growth Trust by Marten & Co and is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the FCA. Marten & Co is not permitted to provide investment advice to individual investors.

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