Scottish Mortgage Investment Trust 3-Month NAV -11%

6th Jul 2010 11:10

LONDON (Dow Jones)--Scottish Mortgage Investment Trust (SMT.LN), a low cost investment trust, said Tuesday its net asset value for the three months ended June 30 fell by 11%, while the FTSE All World Index in sterling terms, the benchmark, fell by 10.7%. MAIN FACTS: -Net asset value per share after deducting borrowings at fair value 614.8 pence versus 692.8 pence in the previous quarter. -Net asset value per share after deducting borrowings at par 634.9 pence versus 711.2 pence in the previous quarter. -Shares at 1008 GMT up 4 pence or 0.73%, at 549.5 pence, valuing the company at GBP1.42 billion. -By Tapan Panchal, Dow Jones Newswires. Tel +44(0)207-842 9448, [email protected] (END) Dow Jones Newswires July 06, 2010 06:10 ET (10:10 GMT)