POLAR CAPITAL TECHNOLOGY TRUST PLC
UNAUDITED RESULTS ANNOUNCEMENT FOR THE SIX MONTHS TO 31 OCTOBER 2019
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FINANCIAL HIGHLIGHTS |
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(Unaudited) As at 31 October 2019 |
(Audited) As at 30 April 2019 |
Movement % |
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Total net assets |
£1,973,858,000 |
£1,935,646,000 |
2.0 |
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Net assets per ordinary share |
1474.95p |
1446.40p |
2.0 |
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Price per ordinary share |
1416.00p |
1354.00p |
4.6 |
|
Benchmark Dow Jones World Technology Index (total return, Sterling adjusted, with the removal of relevant withholding taxes) |
2141.9 |
2045.1 |
4.7 |
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Discount of ordinary share price to net asset value per ordinary share |
4.0% |
6.4% |
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Ordinary shares in issue |
133,825,000 |
133,825,000 |
– |
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KEY DATA |
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For the six months to 31 October 2019 |
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Local Currency % |
Sterling Adjusted % |
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Benchmark (see above) |
4.0 |
4.7 |
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Other Indices over the period (total return) |
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FTSE World |
3.8 |
4.6 |
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FTSE All-share |
– |
0.4 |
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S&P 500 composite |
4.2 |
5.0 |
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Nikkei 225 |
4.1 |
7.5 |
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Eurostoxx 600 |
3.3 |
3.5 |
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Exchange rates |
As at 31 October 2019 |
As at 30 April 2019 |
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US$ to £ |
1.2940 |
1.3037 |
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Japanese Yen to £ |
139.89 |
145.19 |
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Euro to £ |
1.1599 |
1.1632 |
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No interim dividend has been declared for the period ended 31 October 2019, nor were there for periods ended 31 October 2018 or 30 April 2019, and there is no intention to declare a dividend for the year ending 30 April 2020.
References throughout this document to “the Company” or “the Trust” relate to Polar Capital Technology Trust PLC while references to “the portfolio” relate to the assets managed on behalf of the Company.