Seneca Global Income & Growth Trust plc (SIGT) Ordinary 25p
Seneca Global Income & Growth Trust plc, formerly Midas Income & Growth Trust, is an investment trust investing in a diversified portfolio principally comprising the United Kingdom and overseas equities, fixed income, property and other specialist assets. The Company's objective is to outperform three-month LIBOR plus 3% over the longer term, with low volatility and the prospect of income and capital growth, through investment in a multi-asset portfolio. The Company seeks to take advantage of a range of investment opportunities and reduce the risk profile of the Company's portfolio. The Company will not invest more than 7.5% of gross assets in unquoted securities and will not hold more than 25% of its gross assets in cash. The Company's investment manager is Seneca Investment Managers Limited.
The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.
Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.