UK's Personal Assets Trust annual NAV return rises 6.3%
UK's Personal Assets Trust annual NAV return rises 6.3%
Overview
UK investment trust's NAV total return rose 6.3% for year ended 30 April 2026
Share price total return for the year was 6.2%, lagging FTSE All-Share Index's 25.2%
Company maintained high liquidity and continued discount control policy with share buybacks
Outlook
Personal Assets Trust intends to pay a first interim dividend of 1.4p per share in July 2026
Company maintains defensive portfolio positioning amid geopolitical and economic uncertainty
Result Drivers
EQUITY PERFORMANCE - Equities contributed about a third of total return, with gains led by Alphabet and new holdings like Hubbell and Canadian National, partly offset by declines in Diageo and Experian
GOLD HOLDINGS - Gold holdings delivered strong returns, rising about 41% over the year, though the position was reduced after a sharp price increase
DEFENSIVE POSITIONING - Portfolio maintained high liquidity and increased index-linked bonds and yen exposure to manage risk amid market and geopolitical uncertainty
Company press release: ID:nRSQ5600Ia
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Investments Gain |
| GBP 78.84 mln |
|
FY Net Asset Value Per Share |
| GBP 5.41 |
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)