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Edinburgh Investment Trust beats benchmark

By BFN News | 09:47 AM | Wednesday 29 May, 2013


Edinburgh Investment Trust's net asset value rose by 22.4% in the year to the end of March on a total return basis with debt at market value. This compares with a 16.8% rise in its benchmark, the FTSE All-Share Index. The company's NAV total return with debt at par increased by 21.1% during the period. The company said its out-performance was mainly due to the portfolio's overweight position in the pharmaceutical sector and underweight position in the mining sector. At 9:47am: (LON:EDIN) Edinburgh Investment Trust share price was -6.75p at 588.25p Story provided by StockMarketWire.com

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