SQN Asset Finance Income Fund Ltd Monthly Net Asset Value and Dividend (5410E)
October 19 2018 - 2:00AM
UK Regulatory
TIDMSQN
RNS Number : 5410E
SQN Asset Finance Income Fund Ltd
19 October 2018
19 October 2018
SQN Asset Finance Income Fund Limited
Monthly Net Asset Value and Dividend
Net Asset Value and Performance
SQN Asset Finance Income Fund Limited (the "Company"), the
leading diversified equipment leasing fund listed in the UK, is
pleased to provide its monthly net asset value ("NAV") update.
As at 30 September 2018, the unaudited estimated NAV per
Ordinary Share was 97.68 pence (see below)(1) .
As at 30 September 2018, the unaudited estimated NAV per C Share
was 98.26 pence (see below)(1) .
The Company also announces the cumulative NAV total return(2)
performance as at 30 September 2018, as follows:
Share class Month-to-month 1 year return 3 year return Return since
return inception
Ordinary shares 0.52% 5.76% 21.33% 29.75%
C shares 0.51% 3.03% - 3.45%
Dividends
The Company is pleased to announce a dividend of 0.6042 pence
per Ordinary Share and per C Share for the month ended 30 September
2018, reflecting an annualised dividend of 7.25 pence per Ordinary
Share and per C Share. The dividend will be payable on 19 November
2018 to holders of each share class on the register on 2 November
2018. The ex-dividend date is 1 November 2018.
Factsheet
The Company's factsheet for September 2018 will shortly be
available on the Company's website:
www.sqncapital.com/managed-funds/sqn-asset-finance-income-fund.
(1) NAV Footnote
The Ordinary Share and C Share NAVs are quoted before deducting
the 0.6042 pence per share dividends, announced on 21 September
2018 that went ex-dividend on 4 October 2018 and were paid on 17
October 2018.
(2) Performance Footnote
The NAV total return details the change in NAV from the start of
the relevant period and assumes that dividends paid to shareholders
are reinvested at NAV.
For further information please contact:
SQN Capital Management, LLC
Jeremiah Silkowski
Neil Roberts 01932 575 888
Winterflood Securities Limited 020 3100 0000
Neil Langford
Chris Mills
Buchanan
Charles Ryland
Henry Wilson 020 7466 5000
Notes to Editor
The Company invests in equipment lease and asset finance
arrangements across a diverse portfolio of assets and industries
predominantly in the UK, Northern Europe and US. The Company
focuses on business-essential, revenue-producing (or cost saving)
equipment and other assets with high in-place value and long
economic life relative to the investment term.
The Company's Investment Managers are SQN Capital Management,
LLC, a Registered Investment Advisor with the United States
Securities and Exchange Commission and its subsidiary, SQN Capital
Management (UK) Limited. The principals responsible for managing
the portfolio are Neil Roberts and Jeremiah Silkowski.
This information is provided by RNS, the news service of the
London Stock Exchange. RNS is approved by the Financial Conduct
Authority to act as a Primary Information Provider in the United
Kingdom. Terms and conditions relating to the use and distribution
of this information may apply. For further information, please
contact rns@lseg.com or visit www.rns.com.
END
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