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Hansa Trust lags benchmark

By BFN News | 08:58 AM | Friday 25 November, 2011


Hansa Trust's net asset value fell by 1.5% in the six months to the t end of September. This compares with a 2.3% rise in its benchmark - the three-year average rolling rate of return of a five-year UK government bond, plus 2% with interest being re-invested semi-annually. Hansa Trust says the fall in its NAV is modest compared with stock markets generally with declines ranging from around 11% for Japan to 25% for France. It said the FTSE All-share Index fell by 13.5% during the period and was "one of the less bad global performers". At 8:58am: (LON:HAN) Hansa Trust share price was -6.5p at 818.5p (LON:HANA) share price was -6p at 804p Story provided by StockMarketWire.com

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