Net Asset Value(s)

RNS Number : 8380Q

SQN Asset Finance Income Fund Ltd

24 June 2020

 

24 June 2020

SQN Asset Finance Income Fund Limited

Monthly Net Asset Value

SQN Asset Finance Income Fund Limited (the "Company"), provides the following monthly net asset value ("NAV").

Net Asset Value and Performance

As at 31 May 2020, the unaudited estimated NAV per Ordinary Share was 69.99 pence.

As at 31 May 2020, the unaudited estimated NAV per C Share was 98.41 pence .

The Company also announces the cumulative NAV total return¹ performance as at 31 May 2020, as follows:

Share class	Month-to-month return	1 year return	3 year return	Return since inception
Ordinary shares	1.30%	(22.02)%	(12.54)%	4.97%
C shares	1.48%	6.65%	15.77%	15.73%

Shareholders should note that the hedging of non-Sterling balances into Sterling has been lifted and, therefore, the returns during May contain some foreign exchange impact. 

Performance Footnote¹

The NAV total return details the change in NAV from the start of the relevant period and assumes that dividends paid to shareholders are reinvested at NAV.

Factsheet

The Company's factsheet for May 2020 will shortly be available on the website: https://www.kkvim.com/sqn-asset-finance-income-fund  

For further information please contact:

KKV Investment Management Limited     [e-mail]  

Dawn Kendall

Chris Greener

Christian Holder

Winterflood Securities Limited	020 3100 0000
Neil Langford Chris Mills
Buchanan Charles Ryland Victoria Hayns Henry Wilson	020 7466 5000

Notes to Editor

The Company invests in equipment lease and asset finance arrangements across a diverse portfolio of assets and industries predominantly in the UK, Northern Europe and US. The Company focuses on business-essential, revenue-producing (or cost saving) equipment and other assets with high in-place value and long economic life relative to the investment term.

 

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