Interim Management Statement

RNS Number : 5478N

British Empire Sec & Gen Tst PLC

18 February 2009

 



BRITISH EMPIRE SECURITIES AND GENERAL TRUST PLC

Interim Management Statement - 4 months ended 31 January 2009

British Empire is an investment trust whose objective is to achieve capital growth through a focused portfolio of investments, particularly in companies whose share prices stand at a discount to estimated underlying net asset value.

Financial Performance  to 31 January 2009

BTEM
	1 month	3 month	4 month		1 year	3 year	5 year
NAV	-5.3	4.6	-10.2		-23.6	-18.3	54.4
PRICE	1.9	6.8	-13.3		-21.0	-25.7	59.3
FundData Global Growth IT Index	-6.5	-1.0	-14.9		-25.5	-17.0	25.7
MSCI World Index	-9.0	-1.1	-11.6		-18.7	-15.1	13.6

Source:  Fundamental Data

Top Ten Equity Holdings %

Sofina	5.20
Investor AB	4.41
GBL	4.26
Jardine Strategic	4.21
Vivendi	4.05
Jardine Matheson	4.03
Holmen	2.95
Deutsche Wohnen	2.84
Paris Orléans	2.75
Tokyu	2.60
TOTAL

Geographic Breakdown

Continental Europe	39.3%
UK	15.1%
Japan	13.7%
Asia Pacific	10.5%
EMEA	3.5%
Canada	3.4%
Liquidity	14.5%

Material events and transactions during the period

During the period the Company bought back 6,539 units of its Equities Index Unsecured Loan Stock 2013 for a weighted average price of 1.45 per unit.

18 February 2009

 

END

 

 

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