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Polar Capital Global Healthcare : PCH – interim results

Polar Capital Global Healthcare has released figures covering the six months ended 31 March 2014. The fund outperformed its benchmark during this period – generating a total return of 13.5% on the net asset value against an 11.8% return on the MSCI All Countries World Index – Healthcare Index. The fund’s shares underperformed however as Polar Capital Global Healthcare moved from trading at a 1.7% premium to a 6.9% discount. The company did buy back a few shares in March.

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