Update research from QuotedData

RNS Number : 2580V

Seneca Global Income & Growth PLC

05 August 2020

 

Seneca Global Income & Growth - Update research from QuotedData

5^th August 2020

On the rebound

Seneca Global Income & Growth Trust's (SIGT's) UK-biased value style and mid-cap exposure suffered heavily during the first quarter of 2020 as markets collapsed - its net asset value (NAV) fell by some 30.4%. However, the manager used the rout to take advantage of deep value opportunities and SIGT has benefitted as markets have rebounded - up 16.5% during the second quarter. The manager believes there is much more to come.

Full research:

https://quoteddata.com/research/seneca-global-income-growth-rebound-2/

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NB: Marten & Co was paid to produce this note on Seneca Global Income & Growth Trust Plc and it 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 categorised as Retail Clients under the rules of the Financial Conduct Authority.

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