You are here

Prices & Quotes - UK Markets - FTSE 250 (MCX)

Risk Warning The value of investments can fall as well as rise and any income from them is not guaranteed and you may get back less than you invested. Past performance is not a guide to future performance.

Up 22,871.64
Change Today:

Sequoia Economic Infrastructure Income Fund net assets flat

By Iain Gilbert

Date: Wednesday 24 Nov 2021

LONDON (ShareCast) - (Sharecast News) - Specialist investor Sequoia said on Wednesday that it had continued to "demonstrate its resilience" in the six months ended 30 September.
Sequoia said total net assets were flat at the end of the half at 1.8bn, while the firm's net asset value per ordinary share slipped only slightly to 102.9p from 103.2p.

Dividends per share were also unchanged year-on-year at 3.125p but earnings per share slumped from 6.60p to 2.87p.

Sequoia reported a total share price return of 5.7% in the period across its diversified portfolio of 74 investments over eight sectors, 31 sub-sectors and 12 mature jurisdictions.

The fund's annualised portfolio yield-to-maturity was 8.6% as of 30 September.

Chairman Robert Jennings said: "The past six months has seen global economies easing out of lockdowns alongside the ongoing market uncertainty around rising global inflation and the possibility of rising interest rates. During this time, the company has continued to demonstrate its resilience.

"Our core objective remains income and to grow capital over the long-term, and the board remains committed to a dividend target of 6.25p on a fully cash-covered basis for the current financial year."

As of 0900 GMT, Sequoia shares were down 0.40% at 106.97p.

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.


Price Data

Price 22,871.64
Change Today 128.29
17-Jan-22 Close 22,871.64

Top Risers

Price Change
Cineworld Group 42.50p +5.3%
Network International Holdings 286.30p +4.6%
Euromoney Institutional Investor 935.00p +4.5%
Oxford Instruments 2,360.00p +4.4%
Auction Technology Group 1,234.00p +4.2%
NCC Group 238.00p +3.9%
Dr. Martens 340.00p +3.7%
Micro Focus International 451.60p +3.1%
XP Power Ltd. (DI) 5,250.00p +2.9%
Lancashire Holdings Limited 541.50p +2.8%

Top Fallers

Price Change
Hipgnosis Songs Fund Limited C Shs NPV 0.000p -100.0%
AVI Global Trust 210.00p -80.2%
Darktrace 413.20p -7.1%
Baltic Classifieds Group 224.00p -5.1%
Ferrexpo 266.20p -4.0%
Countryside Properties 339.40p -3.9%
Virgin Money UK 193.00p -2.9%
Vietnam Enterprise Investments (DI) 716.00p -2.7%
Aston Martin Lagonda Global Holdings 1,355.50p -2.7%
Baillie Gifford Shin Nippon 188.00p -2.6%