RCS - AVI Global Trust PLC - Research from QuotedData

AVI Global TrustAnnouncement

20/05/2022 17:15

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RNS Number : 3301M  AVI Global Trust PLC  20 May 2022

AVI Global Trust - Research from QuotedData

 

20(th) May 2022

 

Bargain hunting

 

After a strong run of both absolute and relative performance (see page 16),
AVI Global Trust (AGT) faces twin headwinds of widening discounts within its
underlying portfolio - as holdings' share prices move further below their
underlying net asset value - and a widening discount on its own shares.

 

The manager has been cautious on markets, eliminating the trust's gearing
(borrowing) at the end of 2021. That gives it the firepower to take advantage
of some of the bargains being thrown up by current events. The manager
believes that when markets settle, discounts will start to narrow again to
AGT's benefit.

 

Our note describes AGT's investment process, how it is invested currently, and
goes into more detail on some of the larger holdings within the portfolio.

 

Full research:

 

https://quoteddata.com/research/avi-global-trust-bargain-hunting-qd/
(https://quoteddata.com/research/avi-global-trust-bargain-hunting-qd/)

 

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NB: Marten & Co was paid to produce this note on AVI Global Trust Plc and
it is for information purposes only. It is not intended to encourage the
reader to deal in the security or securities mentioned in this report. Please
read the important information at the back of this note. QuotedData is a
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individual investors.

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