London & St Lawrence has published results for the year ended 31 August 2015. Over that period the total return on net assets was -0.5%, which compares well with the -5.6% return on the FTSE All-Share Index. The shares moved from trading on a 2.5% premium to a 1.2% discount though and so the return to shareholders was -4.0%. The total dividend for the year was 14.3p – up 5.1% on the previous year.
Anyone interested will have to wait for the Annual Report to be published to find out what the manager has to say about the performance of the fund. This will should be available on the London & St Lawrence page of our website (under the documents tab) soon.
LSLI : London & St Lawrence final results