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Article: CAPITAL GEARING TRUST PLC - Half-yearly Report.
- Article from:
- PR Newswire UK Disclose
- Article date:
- November 5, 2009
CopyrightCOPYRIGHT 2009 PR Newswire Association LLC. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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CAPITAL GEARING TRUST P.L.C
Announcement of the Half-Year Financial Report
for the six months ended 5 October 2009
Interim Management Report
Chairman's Overview
Over the six months to 5 October 2009, the net asset value per share
rose by 10.8% to a record high of 2,355.8p. The principal objective of
achieving an absolute return has therefore been met.
Assisted by the accommodative monetary polices being adopted by
central banks in the wake of last year's banking crisis, investors' appetite
for risk increased during the period under review. This has led to an
exceptionally strong recovery in equity ...
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