Seneca Global Income & Growth Trust (SIGT) is once again trading close to net asset value. This arguably positions it well, if its board adopts a zero discount policy following this July’s AGM (as currently indicated). The Trust’s small premium may reflect the attraction of its multi-asset approach (especially in current volatile markets), its performance record, yield and the prospect of increased comfort for investors if the zero discount policy is implemented.
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On track for zero discount policy
- Published:
11 May 2016 -
Author:
Ed Marten -
Pages:
13
Seneca Global Income & Growth Trust (SIGT) is once again trading close to net asset value. This arguably positions it well, if its board adopts a zero discount policy following this July’s AGM (as currently indicated). The Trust’s small premium may reflect the attraction of its multi-asset approach (especially in current volatile markets), its performance record, yield and the prospect of increased comfort for investors if the zero discount policy is implemented.