Shore Capital Group Ltd Shore Capital Group Limited : Performance Of Funds
10 October 2016 - 7:18PM
UK Regulatory
TIDMSGR
10 October 2016
Performance of Funds - Monthly Update
The following table gives the performance for the month ended 31 August
2016 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:
Total return since
Fund August January to August inception IRR Notes
% % % % p.a
Puma VCT VII (0.2) (0.1) 31.9 8.5 1
Puma VCT 8 0.3 (1.0) 34.4 10.9 1
Puma VCT 9 0.4 (1.1) 34.1 13.5 1
Puma VCT 10 0.2 (1.4) 30.7 16.7 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 2015 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 31 August 2016 were GBP800 million,
equivalent at that date to $1,000 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 Corporate Solutions on behalf
of Nasdaq 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
(END) Dow Jones Newswires
October 10, 2016 04:18 ET (08:18 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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