Latest Net Asset Value(s) for BlackRock Greater Europe Investment Trust Plc
The year 2021 has been quite an eventful year for the BlackRock Greater Europe Investment Trust. The trust has been able to generate positive returns for its investors in the first quarter of this year. The trust was able to maintain its momentum by posting an impressive Net Asset Value (NAV) in the second quarter also. In this article, we will be discussing the latest Net Asset Value figures posted by the trust.
What is Net Asset Value (NAV)?
NAV is the total value of a trust’s assets subtracted by the total value of its liabilities. The NAV represents the price per share that an investor would receive if the trust were to be liquidated. It is a crucial way of understanding the performance of a trust.
BlackRock Greater Europe Investment Trust
BlackRock Greater Europe Investment Trust is one of the leading closed-end investment trusts in the UK. The trust was launched in 2004 and is managed by BlackRock Fund Managers Limited. The trust is listed on the London Stock Exchange, and its objective is to generate long-term capital growth by investing in European companies.
Latest Net Asset Values
As of 30th June 2021, the Net Asset Value of BlackRock Greater Europe Investment Trust was 775.10 pence per share. This represents an increase of 1.9% from the NAV of 760.50 pence per share at the end of May 2021.
As of 30th June 2021, the trust had net assets of £532.9 million, which is a significant increase from £434.7 million at the end of May 2021.
The trust has delivered a total return of 21.3% over the last year, which outperforms the Morningstar Europe ex UK sector average of 16.2% over the same period.
Summary
In summary, the BlackRock Greater Europe Investment Trust has delivered an impressive Net Asset Value per share of 775.10 pence as of 30th June 2021. The trust has also witnessed a considerable increase in its net assets from May 2021 to June 2021, and continues to generate positive returns for its investors. The trust has outperformed its peers over the last year, making it an attractive investment option for those looking to invest in European companies. #BlackRock #InvestmentTrust #NetAssetValue #EuropeanCompanies #CapitalGrowth #Morningstar #BUSINESS
