RCS - Herald Inv Trust PLC - Update research from QuotedData

Herald Investment TrustAnnouncement

12/01/2023 11:45

For best results when printing this announcement, please click on link below:
http://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20230112:nRSL5628Ma&default-theme=true

RNS Number : 5628M  Herald Investment Trust PLC  12 January 2023

Herald Investment Trust - Update research from QuotedData

12(th) January 2023

Efficiency savings

While Herald Investment Trust (HRI), like many other technology and
growth-focused strategies, has been caught up in the grips of 2022's market
selloff, the fundamentals of many of the companies in its portfolio have
remained largely unscathed. In fact, HRI's management team believes that
today's market represents an opportunity, as falling prices and earnings
strength push valuations to attractive levels.

HRI's team also highlights that the trust's closed-ended structure enables it
to capitalise on forced sellers as they emerge. To exploit both these
opportunities, HRI has a large (about 11%) position in liquid assets. Though
HRI's discount to net asset value (NAV) did widen substantially at the start
of the year, it has narrowed since the recent US inflation figures, which
raised hopes that an end to fiscal tightening (cutting government spending)
was in sight.

Full research:

https://quoteddata.com/research/herald-investment-trust-efficiency-savings-qd/
(https://quoteddata.com/research/herald-investment-trust-efficiency-savings-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
and factsheets on every London listed Investment Company. QuotedData writes
and distributes research on a number of quoted companies, facilitates meetings
between those companies and existing and potential investors and assists in
raising additional capital where required.

NB: Marten & Co was paid to produce this note on Herald Investment 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 trading name of Marten & Co Limited which is authorised and regulated by
the Financial Conduct Authority. Marten & Co is not permitted to provide
investment advice to individual investors categorised as Retail Clients under
the rules of the Financial Conduct Authority.

QUOTEDDATA

50 Gresham Street | London EC2V 7AY

Tel: +44 (0) 20 3691 9430

www.quoteddata.com (http://www.quoteddata.com) | research@quoteddata.com
(mailto:research@quoteddata.com) | www.martenandco.com
(http://www.martenandco.com)

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

Reach is a non-regulatory news service. By using this service an issuer is confirming that the information contained within this announcement is of a non-regulatory nature. Reach announcements are identified with an orange label and the word “Reach” in the source column of the News Explorer pages of London Stock Exchange’s website so that they are distinguished from the RNS UK regulatory service. Other vendors subscribing for Reach press releases may use a different method to distinguish Reach announcements from UK regulatory news.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  NRAUUOARONUAAAR