The imposition of additional taxes on energy companies by UK and European governments in the last quarter of 2022, together with accompanying anticipation, resulted in a very volatile year for the listed renewables sector. Reflecting uncertainty in 2022, Premier Miton Global Renewables Trust’s (PMGR’s) performance has also been volatile. During the last 12 months, the NAV total return was -8.4%, further depressed by exposure to China, now reduced to 3.1% of the portfolio (at end February 2023). ....

15 Mar 2023
Premier Miton Global Renewables Trust - Positioned for sector rebound

Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Premier Miton Global Renewables Trust - Positioned for sector rebound
Premier Miton Global Renewables Trust Plc GBP (PMGR:LON) | 106 0 0.0% | Mkt Cap: 19.3m
- Published:
15 Mar 2023 -
Author:
Victoria Chernykh -
Pages:
10 -
The imposition of additional taxes on energy companies by UK and European governments in the last quarter of 2022, together with accompanying anticipation, resulted in a very volatile year for the listed renewables sector. Reflecting uncertainty in 2022, Premier Miton Global Renewables Trust’s (PMGR’s) performance has also been volatile. During the last 12 months, the NAV total return was -8.4%, further depressed by exposure to China, now reduced to 3.1% of the portfolio (at end February 2023). ....