05 Jun 2011
Edinburgh Worldwide Announces Interim Results
Edinburgh Worldwide Investment Trust plc results for the six months to 30 April 2011 show that the net asset value (NAV) per share increased by 10.7% while the MSCI All Countries World Index (in sterling terms) increased by 8.3%.
Baillie Gifford has now been managing Edinburgh Worldwide for over seven and a half years, and over that period, in total return terms the NAV per share has increased by 129.2% and the share price by 162.2%. The index has risen by 87.4%.
Edinburgh Worldwide aims to achieve long term capital growth by investing in listed companies throughout the world. The Trust has total assets of £194.4 million (before deduction of loans of £25.1 million) as at 30 April 2011.
More details on the results, including the full Half-Yearly Management Report can be found in the press release transcript at the top of this page.
You can also find up to date performance information about Edinburgh Worldwide on Baillie Gifford’s website.
Standardised Past Performance
31/03/06
-
31/03/07 |
31/03/07
-
31/03/08 |
31/03/08
-
31/03/09 |
31/03/09
-
31/03/10 |
31/03/10
-
31/03/11 |
| -5.7% |
6.8% |
-35.3% |
76.2% |
10.3% |
Source: Morningstar. Share price bid to bid, net income reinvested.
Please remember that past performance is not a guide to future performance. The value of your investment may go down as well as up and you may not get back the amount originally invested. You should regard your investment as long term.
The Trust invests in overseas securities and changes in the rates of exchange may also cause the value of your investment (and any income it may pay) to go down or up.
Edinburgh Worldwide can borrow money to make further investments (sometimes known as "gearing"). The risk is that when this money is repaid by the Trust, the value of the investments may not be enough to cover the borrowing and interest costs, and the Trust will make a loss. If the Trust's investments fall in value, any borrowings will increase the amount of this loss.