NAV at 17 April
21 April 2015
Net Asset Value
The Corporation publishes its Net Asset Value (‘NAV’) each Monday and immediately after each month end.
- The Law Debenture Corporation p.l.c. announces that its Net Asset Value ("NAV") with borrowings at par on 17 April 2015 was 509.23 pence per share (ex income) and 513.25 pence per share (cum income), which excludes the proposed 2014 final dividend of 11.00p. With the Corporation's long term debt stated at fair value, the NAV was 497.07 pence per share (ex income) and 501.10 pence per share (cum income). The mid-market price at the close of business on 17 April 2015 was 525.00 pence per share. The final dividend will be paid, subject to shareholder approval, on 23 April 2015 to holders on the register at the record date of 20 March 2015.
Geographical Split and Top Ten Holdings
Immediately following the end of each month, we also publish information about the geographical split and top ten holdings of the portfolio.
The current data is as follows:
Geographical Split at 31 March 2015
||% of Portfolio
|Cash and Fixed Interest
||Name of Holding
||% of Portfolio (excl. cash)
||Henderson Japan Capital Growth||2.78|
||Henderson Asia Pacific Capital Growth||2.38
|6||Baillie Gifford Pacific
|7||First State Asia Pacific||2.02|
Royal Dutch Shell