Financial Express (Holdings) Limited (“we”, “our”, “us” and derivatives) are committed to protecting and respecting your privacy. This Privacy Policy, together with our Terms of Use, sets out the basis on which any personal data that we collect from you, or that you provide to us, will be processed by us relating to your use of any of the below websites (“sites”).

  • FEAnalytics.com
  • FEInvest.net
  • FETransmission.com
  • Investegate.co.uk
  • Trustnet.hk
  • Trustnetoffshore.com
  • Trustnetmiddleeast.com

For the purposes of the Data Protection Act 1998, the data controller is Trustnet Limited of 2nd Floor, Golden House, 30 Great Pulteney Street, London, W1F 9NN. Our nominated representative for the purpose of this Act is Kirsty Witter.

WHAT INFORMATION DO WE COLLECT ABOUT YOU?

We collect information about you when you register with us or use any of our websites / services. Part of the registration process may include entering personal details & details of your investments.

We may collect information about your computer, including where available your operating system, browser version, domain name and IP address and details of the website that you came from, in order to improve this site.

You confirm that all information you supply is accurate.

COOKIES

In order to provide personalised services to and analyse site traffic, we may use a cookie file which is stored on your browser or the hard drive of your computer. Some of the cookies we use are essential for the sites to operate and may be used to deliver you different content, depending on the type of investor you are.

You can block cookies by activating the setting on your browser which allows you to refuse the setting of all or some cookies. However, if you use your browser settings to block all cookies (including essential cookies) you may not be able to access all or part of our sites. Unless you have adjusted your browser setting so that it will refuse cookies, our system will issue cookies as soon as you visit our sites.

HOW WE USE INFORMATION

We store and use information you provide as follows:

  • to present content effectively;
  • to provide you with information, products or services that you request from us or which may interest you, tailored to your specific interests, where you have consented to be contacted for such purposes;
  • to carry out our obligations arising from any contracts between you and us;
  • to enable you to participate in interactive features of our service, when you choose to do so;
  • to notify you about changes to our service;
  • to improve our content by tracking group information that describes the habits, usage, patterns and demographics of our customers.

We may also send you emails to provide information and keep you up to date with developments on our sites. It is our policy to have instructions on how to unsubscribe so that you will not receive any future e-mails. You can change your e-mail address at any time.

In order to provide support on the usage of our tools, our support team need access to all information provided in relation to the tool.

We will not disclose your name, email address or postal address or any data that could identify you to any third party without first receiving your permission.

However, you agree that we may disclose to any regulatory authority to which we are subject and to any investment exchange on which we may deal or to its related clearing house (or to investigators, inspectors or agents appointed by them), or to any person empowered to require such information by or under any legal enactment, any information they may request or require relating to you, or if relevant, any of your clients.

You agree that we may pass on information obtained under Money Laundering legislation as we consider necessary to comply with reporting requirements under such legislation.

ACCESS TO YOUR INFORMATION AND CORRECTION

We want to ensure that the personal information we hold about you is accurate and up to date. You may ask us to correct or remove information that is inaccurate.

You have the right under data protection legislation to access information held about you. If you wish to receive a copy of any personal information we hold, please write to us at 3rd Floor, Hollywood House, Church Street East, Woking, GU21 6HJ. Any access request may be subject to a fee of £10 to meet our costs in providing you with details of the information we hold about you.

WHERE WE STORE YOUR PERSONAL DATA

The data that we collect from you may be transferred to, and stored at, a destination outside the European Economic Area (“EEA”). It may be processed by staff operating outside the EEA who work for us or for one of our suppliers. Such staff may be engaged in, amongst other things, the provision of support services. By submitting your personal data, you agree to this transfer, storing and processing. We will take all steps reasonably necessary, including the use of encryption, to ensure that your data is treated securely and in accordance with this privacy policy.

Unfortunately, the transmission of information via the internet is not completely secure. Although we will do our best to protect your personal data, we cannot guarantee the security of your data transmitted to our sites; any transmission is at your own risk. You will not hold us responsible for any breach of security unless we have been negligent or in wilful default.

CHANGES TO OUR PRIVACY POLICY

Any changes we make to our privacy policy in the future will be posted on this page and, where appropriate, notified to you by e-mail.

OTHER WEBSITES

Our sites contain links to other websites. If you follow a link to any of these websites, please note that these websites have their own privacy policies and that we do not accept any responsibility or liability for these policies. Please check these policies before you submit any personal data to these websites.

CONTACT

If you want more information or have any questions or comments relating to our privacy policy please email publishing@financialexpress.net in the first instance.

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Fleming Overseas Inv (JMO)

  Print      Mail a friend       Annual reports

Wednesday 12 September, 2001

Fleming Overseas Inv

Final Results

Fleming Overseas Inv Trust PLC
12 September 2001



                                                             12 September 2001

                  THE FLEMING OVERSEAS INVESTMENT TRUST PLC


The Fleming Overseas Investment Trust plc today announced its results for the
year ended 30 June 2001.


There was a negative total return over the year of 10.1% compared with the
negative total return of 13.5% recorded by the linked benchmark: FT/S&P
Actuaries World Index ex UK Index to 31/03/01 then MSCI World Index in
Sterling Terms to 30/06/01.


Earnings per share were 5.03p against 4.50p for the previous year.


The Directors have proposed, subject to shareholder approval at the Annual
General Meeting, a final dividend of 4.20p per ordinary share, (last year
3.60p) such dividend to be paid on 27 November 2001 to shareholders on the
register of members at close of business on 2 November 2001.


The Annual Report and Accounts for the year to 30 June 2001 will be sent to
shareholders on 24 September 2001 and copies will be available to the public
at the company's registered office, Finsbury Dials, 20 Finsbury Street, London
EC2Y 9AQ after that date.


The Annual General Meeting will be held on Tuesday 30th October 2001 at 12.00
noon at 10 Aldermanbury, London, EC2R 7RF.


For further information, please contact:



Linda Field
Peter Harrison
Fleming Overseas Investment Trust plc.. 020 7742 6000




                  THE FLEMING OVERSEAS INVESTMENT TRUST PLC
             UNAUDITED FIGURES FOR THE YEAR ENDED 30TH JUNE 2001

                                                               2001        2000
                                                              £'000       £'000
REVENUE

Income

Franked dividends                                               217         795
UK interest                                                   1,125       1,259
Overseas dividends                                           10,372       8,099
Other investment income                                           -       1,899
Deposit interest                                              1,006         719
Stock lending fees                                               26          72
                                                            _______     _______
Gross Revenue                                                12,746      12,843

Less:
Management fee                                                1,562       1,615
Other administrative expenses                                   629         887
Interest payable                                              3,279       3,216
                                                            _______     _______
Return before Taxation                                        7,276       7,125

Less:  Taxation                                               2,786       2,342
                                                            _______     _______
Return available to ordinary shareholders                     4,490       4,783
                                                              =====       =====
Dividend per ordinary share                                   4.20p       3.60p


                                                               2001        2000

CAPITAL
Movements on investments                                   (78,978)     158,866
Less: Expenses charged to capital                             8,448      16,200
                                                            _______     _______
Return before taxation                                     (87,426)     142,666

Taxation                                                      1,621       1,503
                                                            _______     _______
Return attributable to ordinary shareholders               (85,805)     144,169
                                                              =====       =====

Revenue return per ordinary share                            5.03 p       4.50p
Capital return per ordinary share                          (96.07)p     135.73p
Total return per ordinary share                            (91.04)p     140.23p
                                                              =====       =====


                  THE FLEMING OVERSEAS INVESTMENT TRUST PLC
             UNAUDITED FIGURES FOR THE YEAR ENDED 30TH JUNE 2001

                                                                 2001      2000
                                                                £'000     £'000

BALANCE SHEET

Investments at valuation                                      581,156   772,403

Debtors                                                        12,358     5,334

Cash and short term deposits                                    6,559     9,463

Creditors: amounts falling due within one year                (8,207)   (8,462)

Creditors: amounts falling due after more than one year      (79,910)  (79,861)

Provision for liabilities and charges                        (10,210)   (8,609)
                                                              _______   _______
Total Net Assets (£'000)                                      501,746   690,268
                                                                =====     =====
Net asset value per ordinary share                             645.2p    725.8p


CASH FLOW STATEMENT

Net cash inflow from operating activities                       4,574     7,318

Net cash outflow from servicing of finance                    (6,508)   (6,384)

Total tax recovered                                             1,944     1,587

Net cash inflow from capital expenditure and financial        104,809    75,094
investment

Total equity dividends paid                                   (3,424)   (2,742)

Net cash outflow from financing                             (103,941) (100,719)
                                                              _______    ______
Decrease in cash for the period                               (2,546)  (25,846)
                                                                =====     =====



The above financial information does not constitute statutory accounts as
defined in Section 240 of the Companies Act 1985.  The comparative financial
information is based on the statutory accounts for the year ended 30th June
2000. These accounts, upon which the auditors issued an unqualified opinion,
have been delivered to the Registrar of Companies.


J.P. MORGAN FLEMING ASSET MANAGEMENT (UK) LIMITED


12th September 2001