RCS - AVI Global Trust PLC - Annual Overview from QuotedData

AVI Global TrustAnnouncement

06/12/2024 07:00

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RNS Number : 0514P  AVI Global Trust PLC  06 December 2024

 

AVI Global Trust - Annual overview from QuotedData

6(th) December 2024

Building on solid foundations

AVI Global (AGT) continues to demonstrate the value of a clear strategy and a
high-conviction approach, generating annualised Net Asset Value (NAV) returns
of almost 15% over the last two years, despite market factors heavily
favouring momentum trading (strategies where investors buy rising securities
and then sell them when they appear to have peaked) and a small group of very
large US technology companies.

At the same time, broader market volatility has driven some discounts to
extreme levels, creating a range of excellent opportunities for the managers,
who continue to focus the portfolio around idiosyncratic catalysts (specific
events likely to impact stock prices) and away from generic market risk.

Despite AGT's strong performance in recent years, the combined share price
discount to NAV and the discount on the underlying portfolio now sits at 34%.
This level is approaching one of the highest in its history, providing
investors with an excellent entry point.

AGT's fund manager, Asset Value Investors, was recognised as the Best Boutique
at QuotedData's 2024 Investors' Choice Awards.

Full Research:

https://quoteddata.com/research/avi-global-trust-building-on-solid-foundations-qd/
(https://quoteddata.com/research/avi-global-trust-building-on-solid-foundations-qd/)

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NB: Marten & Co was paid to produce this note AVI Global Trust Plc, and it
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