NAV at 4 September
17 September 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 04 September 2015 was 454.82 pence per share (ex income) and 462.77 pence per share (cum income), which excludes the proposed 2015 interim dividend of 5.20p. With the Corporation’s long term debt stated at fair value, the NAV was 445.97 pence per share (ex income) and 453.92 pence per share (cum income). The mid-market price at the close of business on 04 September 2015 was 481.00 pence per share. The interim dividend will be paid on 11 September 2015 to holders on the register at the record date of 14 August 2015.
- In accordance with listing rule 15.6.8, The Law Debenture Corporation p.l.c. announces that it has no investments in other UK listed investment companies that require to be disclosed. Its top ten holdings, including all holdings with a value greater than 5% of the Corporation's gross assets as at 31 August 2015 are set out below:
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 August 2015
|Region||% of Portfolio|
|Cash and Fixed Interest||6
|Rank||Name of Holding||% of Portfolio (excl. cash)|
|1||Henderson Japan Capital Growth||2.89|
|7||Henderson Asia Pacific Capital Growth
|8||Baillie Gifford Pacific
|9||First State Asia Pacific