EDINBURGH Worldwide Investment Trust, the #99m successor trust to Dunedin Worldwide, severely underperformed its benchmark between April 6 and October 31 of this year.
The Edinburgh Fund Managers trust, which aims to achieve long-term capital growth in excess of the MSCI World index, saw its net asset value fall 17.4% to 202.1p during its inaugural reporting period. At the same time, its benchmark dropped only 9.1%.
Earnings during the period amounted to 0.39p per share, while the trust's directors have declared a final dividend of 0.25p.
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