Shore Capital Group Limited : Shore Capital Group Limited : Net Asset Value(s)
Performance of Funds - Monthly Update
The following table gives the performance for the month ended 31 March 2013 of
the funds managed by the Group's subsidiary Shore Capital Limited, other than
products where monthly statistics are not available.
The table below shows returns for the month:
Fund March January to March Total return since IRR Notes
% % % % p.a
Puma Sphera 2.1 6.0 83.2 10.0
Puma VCT V (0.2) (0.5) 36.4 9.2 1
Puma High Income - - 26.1 11.8 1
Puma VCT VII (0.1) - 27.7 19.4 1
1. Total return and IRR include the effect of the tax relief gained upon
Further details of these funds including inception dates and strategies are
given in the Group's 2012 Annual Report and Accounts. The returns of all
managed fund products are after an accrual for any carried interest and are
net of a provision for all management fees and expenses.
Total funds under management as at the end of March 2013 were £900 million,
equivalent at that date to $1,400 million.
Graham Shore 020 7408 4090
Richard Oldworth 020 7466 5000
Notes to Editors
1. Shore Capital is an AIM-listed independent investment group. It
specialises in principal finance, equity capital market activities and
alternative asset management. The Equity Capital Markets division ("ECM")
offers a wide range of services for companies, institutions and other
sophisticated clients, including corporate finance, stockbroking and
market-making. Shore Capital Limited manages specialist funds, with a
particular focus on alternative asset classes.
2. Shore Capital is based in Guernsey, London, Liverpool, Edinburgh and
Berlin. Shore Capital Limited, Shore Capital Stockbrokers Limited and Shore
Capital and Corporate Limited are each authorised and regulated by the
Financial Services Authority. Shore Capital Stockbrokers Limited is a member
of the London Stock Exchange.
3. Further information on Shore Capital, its products and services can be
found at www.shorecap.gg
This announcement is distributed by Thomson Reuters on behalf of Thomson
The owner of this announcement warrants that:
(i) the releases contained herein are protected by copyright and other
applicable laws; and
(ii) they are solely responsible for the content, accuracy and originality of
information contained therein.
Source: Shore Capital Group Limited via Thomson Reuters ONE
Press spacebar to pause and continue. Press esc to stop.