Finsbury Growth & Income Trust PLC has released its estimated unaudited net asset value per share, which stands at 922.42p (cum income) as of the close of business on February 28, 2024. This calculation is in accordance with the guidelines of the Association of Investment Companies. The announcement was made on behalf of the Board by Frostrow Capital LLP, the secretary of the company, on February 29, 2024.
This news provides investors and stakeholders with a snapshot of the company's financial health and performance at the end of February 2024. It serves as a key indicator of the trust's net worth and can be used by investors to assess the value of their holdings in Finsbury Growth & Income Trust PLC.
The release of the net asset value per share is a standard practice for investment trusts, offering transparency and insight into the trust's financial position. This information is crucial for investors, analysts, and other market participants to make informed decisions regarding their investment in Finsbury Growth & Income Trust PLC.
The net asset value per share is a fundamental metric for investment trusts, representing the value of each share based on the trust's total assets minus its total liabilities. It is a key measure of the trust's performance and can influence investor sentiment and trading activity in the market.
Overall, the announcement of Finsbury Growth & Income Trust PLC's unaudited net asset value per share provides valuable information to investors, offering transparency and insight into the trust's financial standing as of February 28, 2024.