NAV at 3 June
21 June 2016
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 and including fair value of IFS businesses on 3 June 2016 was 525.77 pence per share (ex income) and 533.81 pence per share (cum income). With the Corporation’s long term debt stated at fair value, the NAV was 507.81 pence per share (ex income) and 515.85 pence per share (cum income). The mid-market price at the close of business on 3 June 2016 was 474.00 pence per share.
- 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 May 2016 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 May 2016
|Region||% of Portfolio|
|Cash and Fixed Interest||6
|Rank||Name of Holding||% of Portfolio (excl. cash)|
|1||Henderson Japan Capital Growth
|2||Royal Dutch Shell
|3||Henderson Asia Pacific Capital Growth
|7||Stewart Investors Pacific
|8||Baillie Gifford Pacific
|9||Hill & Smith