Independent Investment Trust Plc reports NAV total return of 8.5% over the year to 30 November 2019

Independent Investment Trust Plc (LON: IIT) has released the preliminary statement of annual results for the year to 30 November 2019.

  • The company produced a NAV (net asset value) total return of 8.5 per cent over the year to 30 November 2019.
  • The company has also reported that the FTSE All-Share Index and the FTSE World Index would have produced total returns of 11 per cent and 13.1 per cent respectively over the same period.
  • Reducing the discount to 3.8 per cent, by 14 January 2020 the NAV had improved to 612p and the share price to 589p.
  • On 16th January 2020, at the time of writing, GMT 08:07 AM, IIT shares were trading at GBX 586.00, unchanged against the previous day closing price.