SME Loan Fund PLC (The) Update research from QuotedData
September 06 2016 - 4:48AM
RNS Non-Regulatory
TIDMSMEF
SME Loan Fund PLC (The)
06 September 2016
SME Loan Fund PLC (the) - Update research from QuotedData
6(th) September 2016
Steady progress in turbulent times
The SME Loan Fund (SMEF) has been one of the best-performing
funds in its peer group in NAV terms since it was launched. It is
focused on lending to small and medium-sized enterprises (SMEs), an
area which in the experience of the UK investment companies market
to date, has proved to be less prone to defaults than consumer
lending. The board and the manager are keen to close the discount
and expand the fund. They point out that investors buying today
can, if they wish, exit part of their holding at NAV less 0.5% in
March 2017. The board may also consider buying back stock
beforehand.
Full research:
http://quoteddata.com/2016/09/the-sme-loan-fund-steady-progress-in-turbulent-times/
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NB: this note has been prepared for The SME Loan Fund by Marten
& Co and 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 FCA. Marten
& Co is not permitted to provide investment advice to
individual investors.
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