IN BRIEF: Tetragon Financial outperforms reference indices in 2022

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.

Tetragon Financial Group Ltd - Guernsey-based closed-ended investment company - Reports a fully diluted net asset value per share of $29.69 as at December 31, down from $29.86 at the same time a year prior. Total NAV per share return in 2022 is 1.0% compared to 14.1% in 2021. Says the MSCI ACWI Index total return in 2022 was negative 18.0%, while the FTSE All-Share Index total return was 0.2%. Delivers an investment return on equity of negative 0.8% compared to 17.3% in 2021. Declares a fourth quarter dividend $0.11 per share. Total payout in 2022 is $0.44. Looking forward, expects markets to ‘continue to be challenging.’

Separately, says it intends to conduct a tender offer of its non-voting shares, with a maximum value of $25 million.

Current stock price: 795.00 pence

12-month change: up 20%

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