Shore Capital Group Ltd Shore Capital Group Limited : Performance Of Funds
25 October 2014 - 5:00AM
UK Regulatory
TIDMSGR
For Immediate Release
24 October 2014
Performance of Funds - Monthly Update
The following table gives the performance for the month ended 30
September 2014 of the funds managed by the Group's subsidiary Shore
Capital Limited and Puma Investments Management Limited, other than
products where monthly statistics are not available.
The table below shows returns for the month:
January to Total return
Fund September September since inception IRR Notes
% % % % p.a
Puma High Income
VCT - 1.9 28.0 8.9 1
Puma VCT VII 0.1 1.3 29.6 11.9 1
Puma VCT 8 0.3 1.9 32.2 17.8 1
Puma VCT 9 0.3 1.8 31.6 30.8 1
Notes
1. Total return and IRR include the effect of the tax relief gained upon
initial investment.
Further details of these funds including inception dates and strategies
are given in the Group's 2013 Annual Report and Accounts. The returns of
all managed fund products are after an accrual for any carried interest
and are net of a provision for all management fees and expenses.
Total funds under management as at the end of September 2014 were GBP700
million, equivalent at that date to $1,100 million.
Enquiries:
Shore Capital
Graham Shore +44 (0) 20 7408 4090
Bell Pottinger (Public Relations)
Olly Scott
Zoe Pocock +44 (0) 20 3772 2500
Notes to Editors
Shore Capital
1. Shore Capital is an AIM-listed independent investment group. It
specialises in principal finance, equity capital market activities and
alternative asset management. The Equity Capital Markets division
("ECM") offers a wide range of services for companies, institutions and
other sophisticated clients, including corporate finance, stockbroking
and market-making. Shore Capital Limited manages specialist funds, with
a particular focus on alternative asset classes.
2. Shore Capital is based in Guernsey, London, Liverpool, Edinburgh and
Berlin. Shore Capital Limited, Shore Capital Stockbrokers Limited and
Shore Capital and Corporate Limited are each authorised and regulated by
the Financial Services Authority. Shore Capital Stockbrokers Limited is
a member of the London Stock Exchange.
3. Further information on Shore Capital, its products and services can
be found at www.shorecap.gg
This announcement is distributed by NASDAQ OMX Corporate Solutions on
behalf of NASDAQ OMX Corporate Solutions clients.
The issuer of this announcement warrants that they are solely
responsible for the content, accuracy and originality of the information
contained therein.
Source: Shore Capital Group Limited via Globenewswire
HUG#1865214
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