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Crystal Amber Fund NAV up

By BFN News | 07:55 AM | Wednesday 13 September, 2017


Crystal Amber Fund's net asset value per share increased by 32.9% to 204.37 pence in the year to the end of June. It said that including the dividends paid during the period, NAV total return per share over the year was 36.1%. It said this performance made the company the seventh best performing investment trust of Trustnet's 119 UK Investment Trusts, over the 12 months to 30 June. Chairman William Collins said: "It has been an eventful year for global equity markets, which have faced a great deal of uncertainty in the wake of the Brexit vote and the beginnings of the Trump presidency. "Despite this, the company has achieved exceptional performance thanks to its focus on undervalued opportunities where it sees the potential to act as a catalyst for change. "The NAV total return per share of 36.1 per cent over the year deepens our confidence in the Company's activist investment process. "Going forward, the Company will continue to use its proven screening process to identify activist opportunities." Story provided by StockMarketWire.com

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