What does at a Premium mean?

Shares are said to be at a premium when the market price is more than the net asset value (NAV) per share. This means that you are buying shares at a higher price than the underlying market value of the trust’s assets.

The movement in discounts and premiums is a useful way to indicate the market’s perception of the potential performance of a particular trust or the market in which it invests.

THE SMALL PRINT

The value of investments and any income they produce can fall as well as rise and past performance is not an indicator of future performance. Investors may therefore get back less than invested and should be aware of this risk before investing.

For further details please contact us.