IN BRIEF: Caledonia Investments annual net asset value rises

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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.

Caledonia Investments PLC - London-based investment trust - Net asset value per share stands at 5,068 pence as at March 31, up 0.5% from 5,041p on the same date a year earlier. NAV total return for the year is 5.5%, down from 28% the year before. This compares to FTSE All-Share return of 2.9% for the same period. Total net assets amount to £2.80 billion for the year, also up 0.5% from £2.78 billion the year before. Declares total dividend of 67.4 pence per share, up 4.0% from 64.8p a year prior.

Chief Executive Officer Mat Masters says: ‘Our approach of investing in a diversified portfolio of high-quality companies and funds has generated positive returns over the last year against a challenging market environment. We have a strong platform from which to continue to deliver our objectives of growth in net assets and dividends paid to shareholders over the long term.’

Current stock price: 3,544.00 pence each, up 0.5% on Tuesday morning in London

12-month change: down 3.8%

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